15.22
Last update: 20 November 2024
The estimated P/E Ratio for Germany Stock Market is 15.22, calculated on 20 November 2024.
Considering the last 5 years, an average P/E interval is [11.92 , 15.08]. For this reason, the current P/E can be considered Overvalued
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.
20 November 2024 · P/E Ratio: 15.22
20 November 2024 · P/E Ratio: 15.22 ·
1Y Average: 13.47 ·
1 Std Dev range: [12.48 , 14.45] ·
2 Std Dev range: [11.50 , 15.43]
20 November 2024 · P/E Ratio: 15.22 ·
5Y Average: 13.50 ·
1 Std Dev range: [11.92 , 15.08] ·
2 Std Dev range: [10.34 , 16.66]
20 November 2024 · P/E Ratio: 15.22 ·
10Y Average: 13.15 ·
1 Std Dev range: [12.18 , 14.13] ·
2 Std Dev range: [11.21 , 15.10]
20 November 2024 · P/E Ratio: 15.22 ·
20Y Average: 12.26 ·
1 Std Dev range: [11.18 , 13.34] ·
2 Std Dev range: [10.09 , 14.42]
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".
20 November 2024 · P/E Ratio: 15.22 · 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 ( 15.22 ) |
Deviation vs μ |
Valuation |
| Last 1Y | 13.47 | 0.98 | [11.50 · 12.48 , 14.45 · 15.43] |
|
+1.79 σ |
Overvalued
|
| Last 2Y | 12.92 | 1.02 | [10.88 · 11.90 , 13.94 · 14.96] |
|
+2.26 σ |
Expensive
|
| Last 3Y | 12.23 | 1.25 | [9.73 · 10.98 , 13.48 · 14.73] |
|
+2.39 σ |
Expensive
|
| Last 4Y | 13.02 | 1.53 | [9.97 · 11.50 , 14.55 · 16.08] |
|
+1.44 σ |
Overvalued
|
| Last 5Y | 13.50 | 1.58 | [10.34 · 11.92 , 15.08 · 16.66] |
|
+1.09 σ |
Overvalued
|
| Last 6Y | 13.18 | 1.44 | [10.31 · 11.75 , 14.62 · 16.05] |
|
+1.42 σ |
Overvalued
|
| Last 7Y | 13.12 | 1.26 | [10.60 · 11.86 , 14.39 · 15.65] |
|
+1.66 σ |
Overvalued
|
| Last 8Y | 13.14 | 1.08 | [10.98 · 12.06 , 14.21 · 15.29] |
|
+1.94 σ |
Overvalued
|
| Last 9Y | 13.06 | 0.99 | [11.08 · 12.07 , 14.05 · 15.04] |
|
+2.19 σ |
Expensive
|
| Last 10Y | 13.15 | 0.97 | [11.21 · 12.18 , 14.13 · 15.10] |
|
+2.12 σ |
Expensive
|
| Last 11Y | 13.05 | 0.89 | [11.26 · 12.16 , 13.94 · 14.83] |
|
+2.44 σ |
Expensive
|
| Last 12Y | 12.86 | 0.99 | [10.88 · 11.87 , 13.84 · 14.83] |
|
+2.40 σ |
Expensive
|
| Last 13Y | 12.62 | 1.12 | [10.38 · 11.50 , 13.74 · 14.86] |
|
+2.33 σ |
Expensive
|
| Last 14Y | 12.42 | 1.22 | [9.98 · 11.20 , 13.64 · 14.87] |
|
+2.29 σ |
Expensive
|
| Last 15Y | 12.36 | 1.21 | [9.94 · 11.15 , 13.57 · 14.78] |
|
+2.36 σ |
Expensive
|
| Last 16Y | 12.25 | 1.21 | [9.82 · 11.04 , 13.46 · 14.68] |
|
+2.45 σ |
Expensive
|
| Last 17Y | 12.16 | 1.23 | [9.70 · 10.93 , 13.38 · 14.61] |
|
+2.49 σ |
Expensive
|
| Last 18Y | 12.19 | 1.17 | [9.85 · 11.02 , 13.36 · 14.54] |
|
+2.59 σ |
Expensive
|
| Last 19Y | 12.21 | 1.13 | [9.96 · 11.09 , 13.34 · 14.47] |
|
+2.66 σ |
Expensive
|
| Last 20Y | 12.26 | 1.08 | [10.09 · 11.18 , 13.34 · 14.42] |
|
+2.74 σ |
Expensive
|
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 | 15.22 |
|
+1.79 σ | +1.09 σ | +2.12 σ | +2.74 σ | |
| All World | 21.24 |
|
+1.65 σ | +2.51 σ | +3.63 σ | +4.41 σ | ||
| Developed ex-US | 15.95 |
|
+0.98 σ | +0.84 σ | +1.69 σ | +2.16 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 | -0.46% | 20 Nov | |
| Short Term | Price vs SMA50 | -4.07% | 20 Nov |
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.