Germany Stock Market: current P/E Ratio

18.54
Last update: 21 February 2025

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.

21 February 2025 · P/E Ratio: 18.54
21 February 2025 · P/E Ratio: 18.54 · 1Y Average: 14.59 · 1 Std Dev range: [13.62 , 15.56] · 2 Std Dev range: [12.64 , 16.53]
21 February 2025 · P/E Ratio: 18.54 · 5Y Average: 13.61 · 1 Std Dev range: [11.94 , 15.29] · 2 Std Dev range: [10.27 , 16.96]
21 February 2025 · P/E Ratio: 18.54 · 10Y Average: 13.26 · 1 Std Dev range: [12.21 , 14.31] · 2 Std Dev range: [11.15 , 15.36]
21 February 2025 · P/E Ratio: 18.54 · 20Y Average: 12.28 · 1 Std Dev range: [11.17 , 13.39] · 2 Std Dev range: [10.05 , 14.51]
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".
21 February 2025 · P/E Ratio: 18.54 · 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
( 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?

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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).

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Trend Indicator Valuation Margin
Long Term Price vs SMA200 +11.10% 21 Feb
Short Term Price vs SMA50 +6.72% 21 Feb
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.