24.21
Last update: 17 January 2025
The estimated P/E Ratio for India Stock Market is 24.21, calculated on 17 January 2025.
Considering the last 5 years, an average P/E interval is [21.12 , 23.77]. For this reason, the current P/E can be considered Overvalued
P/E Ratio is calculated on the INDA Etf, whose benchmark is the India 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 India Stock Market P/E Ratio has changed over time. Furthermore, for some trailing timeframes, you can view the average P/E and standard deviation.
17 January 2025 · P/E Ratio: 24.21
17 January 2025 · P/E Ratio: 24.21 ·
1Y Average: 24.61 ·
1 Std Dev range: [23.99 , 25.23] ·
2 Std Dev range: [23.38 , 25.85]
17 January 2025 · P/E Ratio: 24.21 ·
5Y Average: 22.45 ·
1 Std Dev range: [21.12 , 23.77] ·
2 Std Dev range: [19.80 , 25.09]
17 January 2025 · P/E Ratio: 24.21 ·
10Y Average: 19.79 ·
1 Std Dev range: [17.51 , 22.06] ·
2 Std Dev range: [15.23 , 24.34]
17 January 2025 · P/E Ratio: 24.21 ·
20Y Average: 17.37 ·
1 Std Dev range: [14.80 , 19.94] ·
2 Std Dev range: [12.23 , 22.51]
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".
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".
17 January 2025 · P/E Ratio: 24.21 · 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 ( 24.21 ) |
Deviation vs μ |
Valuation |
| Last 1Y | 24.61 | 0.62 | [23.38 · 23.99 , 25.23 · 25.85] |
|
-0.66 σ |
Fair
|
| Last 2Y | 23.78 | 1.21 | [21.36 · 22.57 , 24.99 · 26.20] |
|
+0.35 σ |
Fair
|
| Last 3Y | 22.60 | 1.53 | [19.54 · 21.07 , 24.14 · 25.67] |
|
+1.05 σ |
Overvalued
|
| Last 4Y | 22.58 | 1.25 | [20.08 · 21.33 , 23.84 · 25.09] |
|
+1.29 σ |
Overvalued
|
| Last 5Y | 22.45 | 1.32 | [19.80 · 21.12 , 23.77 · 25.09] |
|
+1.33 σ |
Overvalued
|
| Last 6Y | 21.63 | 1.89 | [17.85 · 19.74 , 23.51 · 25.40] |
|
+1.37 σ |
Overvalued
|
| Last 7Y | 21.01 | 2.15 | [16.70 · 18.85 , 23.16 · 25.31] |
|
+1.49 σ |
Overvalued
|
| Last 8Y | 20.48 | 2.20 | [16.09 · 18.28 , 22.68 · 24.88] |
|
+1.70 σ |
Overvalued
|
| Last 9Y | 20.04 | 2.27 | [15.50 · 17.77 , 22.31 · 24.58] |
|
+1.84 σ |
Overvalued
|
| Last 10Y | 19.79 | 2.28 | [15.23 · 17.51 , 22.06 · 24.34] |
|
+1.94 σ |
Overvalued
|
| Last 11Y | 19.35 | 2.33 | [14.69 · 17.02 , 21.68 · 24.01] |
|
+2.08 σ |
Expensive
|
| Last 12Y | 18.94 | 2.47 | [14.01 · 16.48 , 21.41 · 23.88] |
|
+2.13 σ |
Expensive
|
| Last 13Y | 18.43 | 2.67 | [13.08 · 15.76 , 21.10 · 23.78] |
|
+2.16 σ |
Expensive
|
| Last 14Y | 18.04 | 2.80 | [12.44 · 15.24 , 20.83 · 23.63] |
|
+2.21 σ |
Expensive
|
| Last 15Y | 17.93 | 2.71 | [12.51 · 15.22 , 20.65 · 23.36] |
|
+2.31 σ |
Expensive
|
| Last 16Y | 17.71 | 2.64 | [12.42 · 15.06 , 20.35 · 23.00] |
|
+2.46 σ |
Expensive
|
| Last 17Y | 17.54 | 2.67 | [12.19 · 14.87 , 20.21 · 22.88] |
|
+2.50 σ |
Expensive
|
| Last 18Y | 17.61 | 2.62 | [12.37 · 14.99 , 20.22 · 22.84] |
|
+2.52 σ |
Expensive
|
| Last 19Y | 17.54 | 2.52 | [12.49 · 15.02 , 20.07 · 22.59] |
|
+2.64 σ |
Expensive
|
| Last 20Y | 17.37 | 2.57 | [12.23 · 14.80 , 19.94 · 22.51] |
|
+2.66 σ |
Expensive
|
P/E Comparison
How is the India 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 | |||
|
|
India | 24.21 |
|
-0.66 σ | +1.33 σ | +1.94 σ | +2.66 σ | |
| All World | 21.60 |
|
+1.63 σ | +2.57 σ | +3.64 σ | +4.47 σ | ||
| Emerging Markets | 14.08 |
|
+0.43 σ | +0.30 σ | +0.84 σ | +1.19 σ | ||
India Stock Market Trend
Trend is evaluated considering the price of the INDA Etf and its 200/50-day moving averages (SMA).
Swipe left to see all data
| Trend | Indicator | Valuation | Margin | |
|---|---|---|---|---|
| Long Term | Price vs SMA200 | -6.72% | 17 Jan | |
| Short Term | Price vs SMA50 | -4.81% | 17 Jan |
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.