17.62
Last update: 21 October 2024
The estimated P/E Ratio for France Stock Market is 17.62, calculated on 21 October 2024.
Considering the last 5 years, an average P/E interval is [13.96 , 17.55]. For this reason, the current P/E can be considered Overvalued
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.
21 October 2024 · P/E Ratio: 17.62
21 October 2024 · P/E Ratio: 17.62 ·
1Y Average: 17.23 ·
1 Std Dev range: [15.88 , 18.57] ·
2 Std Dev range: [14.54 , 19.91]
21 October 2024 · P/E Ratio: 17.62 ·
5Y Average: 15.75 ·
1 Std Dev range: [13.96 , 17.55] ·
2 Std Dev range: [12.16 , 19.34]
21 October 2024 · P/E Ratio: 17.62 ·
10Y Average: 14.81 ·
1 Std Dev range: [13.46 , 16.16] ·
2 Std Dev range: [12.10 , 17.51]
21 October 2024 · P/E Ratio: 17.62 ·
20Y Average: 12.99 ·
1 Std Dev range: [11.32 , 14.67] ·
2 Std Dev range: [9.64 , 16.34]
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".
21 October 2024 · P/E Ratio: 17.62 · Last Periods metrics
Show all periods
Swipe left to see all data
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 ( 17.62 ) |
Deviation vs μ |
Valuation |
| Last 1Y | 17.23 | 1.34 | [14.54 · 15.88 , 18.57 · 19.91] |
|
+0.30 σ |
Fair
|
| Last 2Y | 15.98 | 1.78 | [12.43 · 14.20 , 17.75 · 19.53] |
|
+0.93 σ |
Fair
|
| Last 3Y | 14.83 | 1.93 | [10.97 · 12.90 , 16.75 · 18.68] |
|
+1.45 σ |
Overvalued
|
| Last 4Y | 15.64 | 1.92 | [11.80 · 13.72 , 17.56 · 19.48] |
|
+1.03 σ |
Overvalued
|
| Last 5Y | 15.75 | 1.79 | [12.16 · 13.96 , 17.55 · 19.34] |
|
+1.04 σ |
Overvalued
|
| Last 6Y | 15.19 | 1.87 | [11.46 · 13.32 , 17.06 · 18.92] |
|
+1.31 σ |
Overvalued
|
| Last 7Y | 15.05 | 1.68 | [11.69 · 13.37 , 16.73 · 18.41] |
|
+1.53 σ |
Overvalued
|
| Last 8Y | 14.92 | 1.49 | [11.93 · 13.43 , 16.41 · 17.91] |
|
+1.81 σ |
Overvalued
|
| Last 9Y | 14.77 | 1.41 | [11.96 · 13.37 , 16.18 · 17.58] |
|
+2.03 σ |
Expensive
|
| Last 10Y | 14.81 | 1.35 | [12.10 · 13.46 , 16.16 · 17.51] |
|
+2.08 σ |
Expensive
|
| Last 11Y | 14.60 | 1.31 | [11.97 · 13.28 , 15.91 · 17.23] |
|
+2.30 σ |
Expensive
|
| Last 12Y | 14.33 | 1.43 | [11.46 · 12.90 , 15.76 · 17.20] |
|
+2.30 σ |
Expensive
|
| Last 13Y | 14.00 | 1.59 | [10.81 · 12.40 , 15.59 · 17.18] |
|
+2.28 σ |
Expensive
|
| Last 14Y | 13.67 | 1.80 | [10.08 · 11.87 , 15.47 · 17.27] |
|
+2.20 σ |
Expensive
|
| Last 15Y | 13.52 | 1.84 | [9.84 · 11.68 , 15.36 · 17.19] |
|
+2.23 σ |
Expensive
|
| Last 16Y | 13.26 | 1.89 | [9.48 · 11.37 , 15.16 · 17.05] |
|
+2.30 σ |
Expensive
|
| Last 17Y | 13.08 | 1.92 | [9.23 · 11.15 , 15.00 · 16.92] |
|
+2.37 σ |
Expensive
|
| Last 18Y | 13.03 | 1.81 | [9.41 · 11.22 , 14.84 · 16.65] |
|
+2.54 σ |
Expensive
|
| Last 19Y | 12.96 | 1.74 | [9.48 · 11.22 , 14.71 · 16.45] |
|
+2.67 σ |
Expensive
|
| Last 20Y | 12.99 | 1.67 | [9.64 · 11.32 , 14.67 · 16.34] |
|
+2.77 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 | 17.62 |
|
+0.30 σ | +1.04 σ | +2.08 σ | +2.77 σ | |
| All World | 21.37 |
|
+1.86 σ | +2.64 σ | +3.83 σ | +4.57 σ | ||
| Developed ex-US | 15.43 |
|
+0.57 σ | +0.46 σ | +1.13 σ | +1.70 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 | -2.42% | 21 Oct | |
| Short Term | Price vs SMA50 | -1.61% | 21 Oct |
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.