The estimated P/E Ratio for Germany Stock Market is 16.93, calculated on 17 January 2025.
Considering the last 5 years, an average P/E interval is [11.94 , 15.21]. 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 ( 16.93 ) |
Deviation vs μ |
Valuation |
Last 1Y | 14.25 | 0.99 | [12.27 · 13.26 , 15.23 · 16.22] |
|
+2.72 σ |
Expensive
|
Last 2Y | 13.34 | 1.04 | [11.26 · 12.30 , 14.38 · 15.42] |
|
+3.46 σ |
Expensive
|
Last 3Y | 12.31 | 1.36 | [9.59 · 10.95 , 13.67 · 15.03] |
|
+3.40 σ |
Expensive
|
Last 4Y | 13.02 | 1.52 | [9.98 · 11.50 , 14.54 · 16.06] |
|
+2.57 σ |
Expensive
|
Last 5Y | 13.58 | 1.64 | [10.30 · 11.94 , 15.21 · 16.85] |
|
+2.05 σ |
Expensive
|
Last 6Y | 13.34 | 1.45 | [10.43 · 11.88 , 14.79 · 16.24] |
|
+2.48 σ |
Expensive
|
Last 7Y | 13.18 | 1.33 | [10.52 · 11.85 , 14.50 · 15.83] |
|
+2.83 σ |
Expensive
|
Last 8Y | 13.21 | 1.15 | [10.92 · 12.06 , 14.35 · 15.50] |
|
+3.25 σ |
Expensive
|
Last 9Y | 13.11 | 1.06 | [10.99 · 12.05 , 14.16 · 15.22] |
|
+3.63 σ |
Expensive
|
Last 10Y | 13.23 | 1.02 | [11.18 · 12.20 , 14.25 · 15.27] |
|
+3.63 σ |
Expensive
|
Last 11Y | 13.10 | 0.94 | [11.21 · 12.16 , 14.05 · 14.99] |
|
+4.05 σ |
Expensive
|
Last 12Y | 12.93 | 1.00 | [10.94 · 11.93 , 13.93 · 14.93] |
|
+4.01 σ |
Expensive
|
Last 13Y | 12.69 | 1.12 | [10.45 · 11.57 , 13.81 · 14.93] |
|
+3.79 σ |
Expensive
|
Last 14Y | 12.49 | 1.23 | [10.02 · 11.25 , 13.72 · 14.95] |
|
+3.60 σ |
Expensive
|
Last 15Y | 12.39 | 1.24 | [9.91 · 11.15 , 13.64 · 14.88] |
|
+3.65 σ |
Expensive
|
Last 16Y | 12.31 | 1.22 | [9.88 · 11.10 , 13.53 · 14.74] |
|
+3.80 σ |
Expensive
|
Last 17Y | 12.18 | 1.26 | [9.67 · 10.92 , 13.44 · 14.70] |
|
+3.78 σ |
Expensive
|
Last 18Y | 12.21 | 1.20 | [9.82 · 11.02 , 13.41 · 14.60] |
|
+3.95 σ |
Expensive
|
Last 19Y | 12.24 | 1.15 | [9.93 · 11.08 , 13.39 · 14.54] |
|
+4.08 σ |
Expensive
|
Last 20Y | 12.27 | 1.10 | [10.07 · 11.17 , 13.38 · 14.48] |
|
+4.23 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 | 16.93 |
|
+2.72 σ | +2.05 σ | +3.63 σ | +4.23 σ | |
All World | 21.60 |
|
+1.63 σ | +2.57 σ | +3.64 σ | +4.47 σ | ||
Developed ex-US | 16.40 |
|
+1.32 σ | +1.13 σ | +2.10 σ | +2.54 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 | +4.18% | 17 Jan | |
Short Term | Price vs SMA50 | +2.80% | 17 Jan |