15.08
Last update: 21 October 2024
The estimated P/E Ratio for Germany Stock Market is 15.08, calculated on 21 October 2024.
Considering the last 5 years, an average P/E interval is [11.88 , 15.03]. 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.
21 October 2024 · P/E Ratio: 15.08
21 October 2024 · P/E Ratio: 15.08 ·
1Y Average: 13.20 ·
1 Std Dev range: [12.28 , 14.11] ·
2 Std Dev range: [11.37 , 15.02]
21 October 2024 · P/E Ratio: 15.08 ·
5Y Average: 13.45 ·
1 Std Dev range: [11.88 , 15.03] ·
2 Std Dev range: [10.30 , 16.61]
21 October 2024 · P/E Ratio: 15.08 ·
10Y Average: 13.12 ·
1 Std Dev range: [12.15 , 14.09] ·
2 Std Dev range: [11.18 , 15.06]
21 October 2024 · P/E Ratio: 15.08 ·
20Y Average: 12.25 ·
1 Std Dev range: [11.18 , 13.32] ·
2 Std Dev range: [10.11 , 14.39]
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".
21 October 2024 · P/E Ratio: 15.08 · 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 ( 15.08 ) |
Deviation vs μ |
Valuation |
| Last 1Y | 13.20 | 0.91 | [11.37 · 12.28 , 14.11 · 15.02] |
|
+2.06 σ |
Expensive
|
| Last 2Y | 12.70 | 1.04 | [10.62 · 11.66 , 13.74 · 14.78] |
|
+2.29 σ |
Expensive
|
| Last 3Y | 12.21 | 1.22 | [9.77 · 10.99 , 13.43 · 14.65] |
|
+2.35 σ |
Expensive
|
| Last 4Y | 13.02 | 1.53 | [9.97 · 11.50 , 14.55 · 16.08] |
|
+1.34 σ |
Overvalued
|
| Last 5Y | 13.45 | 1.58 | [10.30 · 11.88 , 15.03 · 16.61] |
|
+1.03 σ |
Overvalued
|
| Last 6Y | 13.13 | 1.43 | [10.27 · 11.70 , 14.56 · 15.99] |
|
+1.36 σ |
Overvalued
|
| Last 7Y | 13.11 | 1.25 | [10.61 · 11.86 , 14.35 · 15.60] |
|
+1.58 σ |
Overvalued
|
| Last 8Y | 13.11 | 1.06 | [10.99 · 12.05 , 14.17 · 15.23] |
|
+1.86 σ |
Overvalued
|
| Last 9Y | 13.03 | 0.97 | [11.09 · 12.06 , 14.01 · 14.98] |
|
+2.10 σ |
Expensive
|
| Last 10Y | 13.12 | 0.97 | [11.18 · 12.15 , 14.09 · 15.06] |
|
+2.01 σ |
Expensive
|
| Last 11Y | 13.02 | 0.88 | [11.27 · 12.15 , 13.90 · 14.78] |
|
+2.34 σ |
Expensive
|
| Last 12Y | 12.82 | 0.99 | [10.85 · 11.84 , 13.81 · 14.80] |
|
+2.28 σ |
Expensive
|
| Last 13Y | 12.58 | 1.13 | [10.33 · 11.45 , 13.70 · 14.83] |
|
+2.22 σ |
Expensive
|
| Last 14Y | 12.39 | 1.22 | [9.95 · 11.17 , 13.61 · 14.82] |
|
+2.21 σ |
Expensive
|
| Last 15Y | 12.34 | 1.19 | [9.96 · 11.15 , 13.54 · 14.73] |
|
+2.29 σ |
Expensive
|
| Last 16Y | 12.22 | 1.22 | [9.78 · 11.00 , 13.43 · 14.65] |
|
+2.35 σ |
Expensive
|
| Last 17Y | 12.15 | 1.22 | [9.71 · 10.93 , 13.36 · 14.58] |
|
+2.41 σ |
Expensive
|
| Last 18Y | 12.18 | 1.16 | [9.86 · 11.02 , 13.34 · 14.50] |
|
+2.50 σ |
Expensive
|
| Last 19Y | 12.20 | 1.12 | [9.97 · 11.09 , 13.32 · 14.44] |
|
+2.57 σ |
Expensive
|
| Last 20Y | 12.25 | 1.07 | [10.11 · 11.18 , 13.32 · 14.39] |
|
+2.64 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 | 15.08 |
|
+2.06 σ | +1.03 σ | +2.01 σ | +2.64 σ | |
| All World | 21.37 |
|
+1.86 σ | +2.64 σ | +3.83 σ | +4.57 σ | ||
| Developed ex-US | 15.43 |
|
+0.57 σ | +0.46 σ | +1.13 σ | +1.70 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 | +5.82% | 21 Oct | |
| Short Term | Price vs SMA50 | +1.45% | 21 Oct |
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.