The estimated P/E Ratio for Germany Stock Market is 18.54, calculated on 21 February 2025.
Considering the last 5 years, an average P/E interval is [11.94 , 15.29]. For this reason, the current P/E can be considered Expensive
P/E Ratio is calculated on the EWG Etf, whose benchmark is the Germany 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 Germany Stock Market P/E Ratio has changed over time. Furthermore, for some trailing timeframes, you can view the average P/E and standard deviation.
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".
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 ( 18.54 ) |
Deviation vs μ |
Valuation |
Last 1Y | 14.59 | 0.97 | [12.64 · 13.62 , 15.56 · 16.53] |
|
+4.06 σ |
Expensive
|
Last 2Y | 13.55 | 1.08 | [11.40 · 12.47 , 14.63 · 15.71] |
|
+4.62 σ |
Expensive
|
Last 3Y | 12.36 | 1.42 | [9.52 · 10.94 , 13.78 · 15.20] |
|
+4.35 σ |
Expensive
|
Last 4Y | 13.02 | 1.52 | [9.98 · 11.50 , 14.54 · 16.06] |
|
+3.62 σ |
Expensive
|
Last 5Y | 13.61 | 1.67 | [10.27 · 11.94 , 15.29 · 16.96] |
|
+2.94 σ |
Expensive
|
Last 6Y | 13.41 | 1.48 | [10.46 · 11.94 , 14.89 · 16.37] |
|
+3.47 σ |
Expensive
|
Last 7Y | 13.21 | 1.37 | [10.47 · 11.84 , 14.59 · 15.96] |
|
+3.88 σ |
Expensive
|
Last 8Y | 13.24 | 1.18 | [10.87 · 12.05 , 14.42 · 15.60] |
|
+4.48 σ |
Expensive
|
Last 9Y | 13.15 | 1.09 | [10.97 · 12.06 , 14.23 · 15.32] |
|
+4.96 σ |
Expensive
|
Last 10Y | 13.26 | 1.05 | [11.15 · 12.21 , 14.31 · 15.36] |
|
+5.02 σ |
Expensive
|
Last 11Y | 13.13 | 0.98 | [11.18 · 12.15 , 14.10 · 15.08] |
|
+5.54 σ |
Expensive
|
Last 12Y | 12.97 | 1.01 | [10.95 · 11.96 , 13.98 · 14.99] |
|
+5.51 σ |
Expensive
|
Last 13Y | 12.73 | 1.12 | [10.49 · 11.61 , 13.85 · 14.97] |
|
+5.18 σ |
Expensive
|
Last 14Y | 12.52 | 1.24 | [10.03 · 11.27 , 13.76 · 15.01] |
|
+4.84 σ |
Expensive
|
Last 15Y | 12.41 | 1.26 | [9.89 · 11.15 , 13.68 · 14.94] |
|
+4.84 σ |
Expensive
|
Last 16Y | 12.34 | 1.22 | [9.91 · 11.13 , 13.56 · 14.78] |
|
+5.09 σ |
Expensive
|
Last 17Y | 12.20 | 1.27 | [9.65 · 10.92 , 13.47 · 14.75] |
|
+4.97 σ |
Expensive
|
Last 18Y | 12.22 | 1.21 | [9.81 · 11.01 , 13.43 · 14.64] |
|
+5.23 σ |
Expensive
|
Last 19Y | 12.25 | 1.16 | [9.92 · 11.08 , 13.41 · 14.57] |
|
+5.40 σ |
Expensive
|
Last 20Y | 12.28 | 1.11 | [10.05 · 11.17 , 13.39 · 14.51] |
|
+5.62 σ |
Expensive
|
P/E Comparison
How is the Germany Stock Market P/E Ratio, compared to other global ratios?
Deviation vs μ | ||||||||
---|---|---|---|---|---|---|---|---|
Trend | P/E | 1Y | 5Y | 10Y | 20Y | |||
|
Germany | 18.54 |
|
+4.06 σ | +2.94 σ | +5.02 σ | +5.62 σ | |
All World | 21.12 |
|
+1.04 σ | +2.13 σ | +3.20 σ | +4.10 σ | ||
Developed ex-US | 17.36 |
|
+2.18 σ | +1.78 σ | +3.01 σ | +3.38 σ |
Germany Stock Market Trend
Trend is evaluated considering the price of the EWG Etf and its 200/50-day moving averages (SMA).
Trend | Indicator | Valuation | Margin | |
---|---|---|---|---|
Long Term | Price vs SMA200 | +11.10% | 21 Feb | |
Short Term | Price vs SMA50 | +6.72% | 21 Feb |