19.15
Last update: 26 July 2024
The estimated P/E Ratio for France Stock Market is 19.15, calculated on 26 July 2024.
Considering the last 5 years, an average P/E interval is [13.69 , 17.24]. For this reason, the current P/E can be considered Expensive
P/E Ratio is calculated on the EWQ Etf, whose benchmark is the France Stock Market.
Historical P/E Ratio
When evaluating the P/E Ratio, it's important to not only look at its absolute value but also compare it to the average of previous periods. This allows for a more comprehensive understanding of the index/market valuation.
The following chart shows how the France Stock Market P/E Ratio has changed over time. Furthermore, for some trailing timeframes, you can view the average P/E and standard deviation.
26 July 2024 · P/E Ratio: 19.15
26 July 2024 · P/E Ratio: 19.15 ·
1Y Average: 16.46 ·
1 Std Dev range: [15.60 , 17.32] ·
2 Std Dev range: [14.73 , 18.19]
26 July 2024 · P/E Ratio: 19.15 ·
5Y Average: 15.46 ·
1 Std Dev range: [13.69 , 17.24] ·
2 Std Dev range: [11.91 , 19.02]
26 July 2024 · P/E Ratio: 19.15 ·
10Y Average: 14.68 ·
1 Std Dev range: [13.40 , 15.95] ·
2 Std Dev range: [12.13 , 17.23]
26 July 2024 · P/E Ratio: 19.15 ·
20Y Average: 12.95 ·
1 Std Dev range: [11.34 , 14.56] ·
2 Std Dev range: [9.72 , 16.18]
Methodology
The Average P/E (μ) and the Standard Deviation (σ) are calculated excluding 20% outliers (i.e. over a range of values excluding 10% of observations from the top and 10% from the bottom of the dataset).
A P/E between (μ - σ) and (μ + σ) is considered "Fair", over a specific timeframe.
A P/E greater than (μ + σ) is defined "Overvalued", greater than (μ + 2σ) is defined "Expensive".
A P/E less than (μ - σ) is defined "Undervalued", less than (μ - 2σ) is defined "Cheap".
A P/E greater than (μ + σ) is defined "Overvalued", greater than (μ + 2σ) is defined "Expensive".
A P/E less than (μ - σ) is defined "Undervalued", less than (μ - 2σ) is defined "Cheap".
26 July 2024 · P/E Ratio: 19.15 · Last Periods metrics
Show all periods
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Range |
Analysis |
|||||
|---|---|---|---|---|---|---|
| Period | Average P/E (μ) |
Std Dev (σ) |
Std Dev Range [ μ-2σ · μ-σ , μ+σ · μ+2σ ] |
vs Current P/E ( 19.15 ) |
Deviation vs μ |
Valuation |
| Last 1Y | 16.46 | 0.86 | [14.73 · 15.60 , 17.32 · 18.19] |
|
+3.11 σ |
Expensive
|
| Last 2Y | 14.91 | 2.06 | [10.79 · 12.85 , 16.97 · 19.03] |
|
+2.06 σ |
Expensive
|
| Last 3Y | 14.75 | 1.84 | [11.08 · 12.91 , 16.59 · 18.43] |
|
+2.39 σ |
Expensive
|
| Last 4Y | 15.63 | 1.90 | [11.82 · 13.72 , 17.53 · 19.43] |
|
+1.85 σ |
Overvalued
|
| Last 5Y | 15.46 | 1.78 | [11.91 · 13.69 , 17.24 · 19.02] |
|
+2.07 σ |
Expensive
|
| Last 6Y | 14.97 | 1.78 | [11.41 · 13.19 , 16.75 · 18.53] |
|
+2.35 σ |
Expensive
|
| Last 7Y | 14.91 | 1.57 | [11.76 · 13.34 , 16.48 · 18.06] |
|
+2.69 σ |
Expensive
|
| Last 8Y | 14.76 | 1.41 | [11.94 · 13.35 , 16.17 · 17.58] |
|
+3.11 σ |
Expensive
|
| Last 9Y | 14.66 | 1.31 | [12.05 · 13.35 , 15.97 · 17.27] |
|
+3.43 σ |
Expensive
|
| Last 10Y | 14.68 | 1.27 | [12.13 · 13.40 , 15.95 · 17.23] |
|
+3.51 σ |
Expensive
|
| Last 11Y | 14.45 | 1.26 | [11.92 · 13.19 , 15.72 · 16.98] |
|
+3.71 σ |
Expensive
|
| Last 12Y | 14.17 | 1.41 | [11.35 · 12.76 , 15.58 · 16.99] |
|
+3.53 σ |
Expensive
|
| Last 13Y | 13.83 | 1.60 | [10.63 · 12.23 , 15.43 · 17.03] |
|
+3.33 σ |
Expensive
|
| Last 14Y | 13.51 | 1.80 | [9.92 · 11.72 , 15.31 · 17.10] |
|
+3.14 σ |
Expensive
|
| Last 15Y | 13.41 | 1.77 | [9.86 · 11.64 , 15.18 · 16.95] |
|
+3.24 σ |
Expensive
|
| Last 16Y | 13.12 | 1.88 | [9.37 · 11.24 , 15.00 · 16.87] |
|
+3.21 σ |
Expensive
|
| Last 17Y | 12.99 | 1.85 | [9.29 · 11.14 , 14.85 · 16.70] |
|
+3.33 σ |
Expensive
|
| Last 18Y | 12.93 | 1.75 | [9.42 · 11.18 , 14.68 · 16.44] |
|
+3.55 σ |
Expensive
|
| Last 19Y | 12.89 | 1.68 | [9.54 · 11.22 , 14.57 · 16.25] |
|
+3.73 σ |
Expensive
|
| Last 20Y | 12.95 | 1.61 | [9.72 · 11.34 , 14.56 · 16.18] |
|
+3.84 σ |
Expensive
|
P/E Comparison
How is the France Stock Market P/E Ratio, compared to other global ratios?
Swipe left to see all data
| Deviation vs μ | ||||||||
|---|---|---|---|---|---|---|---|---|
| Trend | P/E | 1Y | 5Y | 10Y | 20Y | |||
|
|
France | 19.15 |
|
+3.11 σ | +2.07 σ | +3.51 σ | +3.84 σ | |
| All World | 20.34 |
|
+2.49 σ | +2.12 σ | +3.43 σ | +4.13 σ | ||
| Developed ex-US | 16.49 |
|
+3.85 σ | +1.53 σ | +2.61 σ | +2.67 σ | ||
France Stock Market Trend
Trend is evaluated considering the price of the EWQ Etf and its 200/50-day moving averages (SMA).
Swipe left to see all data
| Trend | Indicator | Valuation | Margin | |
|---|---|---|---|---|
| Long Term | Price vs SMA200 | -0.80% | 26 Jul | |
| Short Term | Price vs SMA50 | -2.82% | 26 Jul |
The 200-day moving average is a long-term indicator that takes into account the average price of a stock over the past 200 trading days. It is considered a significant level of support or resistance, meaning that when the stock price is above the 200-day moving average (i.e. margin vs moving average is positive), it is generally viewed as bullish, while when it is below, it is viewed as bearish.
The 50-day moving average, on the other hand, is a shorter-term indicator that measures the average price of a stock over the past 50 trading days. It is also viewed as a significant level of support or resistance and can be used to identify shorter-term trends.