13.03
Last update: 03 May 2024
The estimated P/E Ratio for Germany Stock Market is 13.03, calculated on 03 May 2024.
Considering the last 5 years, an average P/E interval is [11.74 , 14.69]. For this reason, the current P/E can be considered Fair
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.
03 May 2024 · P/E Ratio: 13.03
03 May 2024 · P/E Ratio: 13.03 ·
1Y Average: 12.72 ·
1 Std Dev range: [12.26 , 13.18] ·
2 Std Dev range: [11.80 , 13.64]
03 May 2024 · P/E Ratio: 13.03 ·
5Y Average: 13.21 ·
1 Std Dev range: [11.74 , 14.69] ·
2 Std Dev range: [10.26 , 16.17]
03 May 2024 · P/E Ratio: 13.03 ·
10Y Average: 13.00 ·
1 Std Dev range: [12.11 , 13.89] ·
2 Std Dev range: [11.21 , 14.79]
03 May 2024 · P/E Ratio: 13.03 ·
20Y Average: 12.23 ·
1 Std Dev range: [11.18 , 13.27] ·
2 Std Dev range: [10.14 , 14.32]
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".
03 May 2024 · P/E Ratio: 13.03 · 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 ( 13.03 ) |
Deviation vs μ |
Valuation |
| Last 1Y | 12.72 | 0.46 | [11.80 · 12.26 , 13.18 · 13.64] |
|
+0.69 σ |
Fair
|
| Last 2Y | 11.71 | 1.18 | [9.35 · 10.53 , 12.88 · 14.06] |
|
+1.13 σ |
Overvalued
|
| Last 3Y | 12.24 | 1.26 | [9.72 · 10.98 , 13.50 · 14.75] |
|
+0.63 σ |
Fair
|
| Last 4Y | 13.16 | 1.69 | [9.78 · 11.47 , 14.85 · 16.54] |
|
-0.07 σ |
Fair
|
| Last 5Y | 13.21 | 1.48 | [10.26 · 11.74 , 14.69 · 16.17] |
|
-0.12 σ |
Fair
|
| Last 6Y | 12.93 | 1.29 | [10.34 · 11.64 , 14.22 · 15.51] |
|
+0.08 σ |
Fair
|
| Last 7Y | 13.00 | 1.13 | [10.75 · 11.87 , 14.12 · 15.25] |
|
+0.03 σ |
Fair
|
| Last 8Y | 12.96 | 0.95 | [11.06 · 12.01 , 13.91 · 14.85] |
|
+0.08 σ |
Fair
|
| Last 9Y | 12.96 | 0.89 | [11.17 · 12.06 , 13.85 · 14.74] |
|
+0.09 σ |
Fair
|
| Last 10Y | 13.00 | 0.89 | [11.21 · 12.11 , 13.89 · 14.79] |
|
+0.04 σ |
Fair
|
| Last 11Y | 12.87 | 0.87 | [11.13 · 12.00 , 13.74 · 14.60] |
|
+0.19 σ |
Fair
|
| Last 12Y | 12.65 | 1.01 | [10.64 · 11.65 , 13.66 · 14.66] |
|
+0.38 σ |
Fair
|
| Last 13Y | 12.41 | 1.16 | [10.09 · 11.25 , 13.56 · 14.72] |
|
+0.54 σ |
Fair
|
| Last 14Y | 12.25 | 1.20 | [9.85 · 11.05 , 13.45 · 14.64] |
|
+0.65 σ |
Fair
|
| Last 15Y | 12.27 | 1.13 | [10.00 · 11.13 , 13.40 · 14.53] |
|
+0.68 σ |
Fair
|
| Last 16Y | 12.09 | 1.21 | [9.67 · 10.88 , 13.29 · 14.50] |
|
+0.78 σ |
Fair
|
| Last 17Y | 12.11 | 1.17 | [9.77 · 10.94 , 13.27 · 14.44] |
|
+0.79 σ |
Fair
|
| Last 18Y | 12.12 | 1.11 | [9.89 · 11.00 , 13.23 · 14.34] |
|
+0.82 σ |
Fair
|
| Last 19Y | 12.15 | 1.07 | [10.00 · 11.08 , 13.22 · 14.30] |
|
+0.82 σ |
Fair
|
| Last 20Y | 12.23 | 1.04 | [10.14 · 11.18 , 13.27 · 14.32] |
|
+0.77 σ |
Fair
|
P/E Comparison
How is the Germany 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 | |||
|
|
Germany | 13.03 |
|
+0.69 σ | -0.12 σ | +0.04 σ | +0.77 σ | |
| All World | 20.50 |
|
+4.16 σ | +2.37 σ | +3.77 σ | +4.38 σ | ||
| Developed ex-US | 15.04 |
|
+2.64 σ | +0.44 σ | +0.94 σ | +1.36 σ | ||
Germany Stock Market Trend
Trend is evaluated considering the price of the EWG Etf and its 200/50-day moving averages (SMA).
Swipe left to see all data
| Trend | Indicator | Valuation | Margin | |
|---|---|---|---|---|
| Long Term | Price vs SMA200 | +8.03% | 03 May | |
| Short Term | Price vs SMA50 | +0.06% | 03 May |
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.