23.49
Last update: 21 February 2025
The estimated P/E Ratio for India Stock Market is 23.49, calculated on 21 February 2025.
Considering the last 5 years, an average P/E interval is [21.24 , 23.83]. For this reason, the current P/E can be considered Fair
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.
21 February 2025 · P/E Ratio: 23.49
21 February 2025 · P/E Ratio: 23.49 ·
1Y Average: 24.65 ·
1 Std Dev range: [24.08 , 25.22] ·
2 Std Dev range: [23.50 , 25.80]
21 February 2025 · P/E Ratio: 23.49 ·
5Y Average: 22.53 ·
1 Std Dev range: [21.24 , 23.83] ·
2 Std Dev range: [19.94 , 25.12]
21 February 2025 · P/E Ratio: 23.49 ·
10Y Average: 19.86 ·
1 Std Dev range: [17.55 , 22.16] ·
2 Std Dev range: [15.24 , 24.47]
21 February 2025 · P/E Ratio: 23.49 ·
20Y Average: 17.42 ·
1 Std Dev range: [14.83 , 20.01] ·
2 Std Dev range: [12.25 , 22.60]
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 February 2025 · P/E Ratio: 23.49 · 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 ( 23.49 ) |
Deviation vs μ |
Valuation |
| Last 1Y | 24.65 | 0.57 | [23.50 · 24.08 , 25.22 · 25.80] |
|
-2.02 σ |
Cheap
|
| Last 2Y | 23.92 | 1.06 | [21.80 · 22.86 , 24.99 · 26.05] |
|
-0.41 σ |
Fair
|
| Last 3Y | 22.68 | 1.55 | [19.57 · 21.13 , 24.23 · 25.79] |
|
+0.52 σ |
Fair
|
| Last 4Y | 22.61 | 1.27 | [20.07 · 21.34 , 23.89 · 25.16] |
|
+0.69 σ |
Fair
|
| Last 5Y | 22.53 | 1.29 | [19.94 · 21.24 , 23.83 · 25.12] |
|
+0.74 σ |
Fair
|
| Last 6Y | 21.74 | 1.83 | [18.08 · 19.91 , 23.57 · 25.40] |
|
+0.95 σ |
Fair
|
| Last 7Y | 21.08 | 2.18 | [16.72 · 18.90 , 23.25 · 25.43] |
|
+1.11 σ |
Overvalued
|
| Last 8Y | 20.57 | 2.20 | [16.16 · 18.37 , 22.78 · 24.98] |
|
+1.32 σ |
Overvalued
|
| Last 9Y | 20.12 | 2.28 | [15.56 · 17.84 , 22.41 · 24.69] |
|
+1.47 σ |
Overvalued
|
| Last 10Y | 19.86 | 2.31 | [15.24 · 17.55 , 22.16 · 24.47] |
|
+1.57 σ |
Overvalued
|
| Last 11Y | 19.43 | 2.35 | [14.73 · 17.08 , 21.78 · 24.12] |
|
+1.73 σ |
Overvalued
|
| Last 12Y | 19.03 | 2.47 | [14.08 · 16.55 , 21.50 · 23.97] |
|
+1.81 σ |
Overvalued
|
| Last 13Y | 18.51 | 2.68 | [13.15 · 15.83 , 21.19 · 23.87] |
|
+1.86 σ |
Overvalued
|
| Last 14Y | 18.10 | 2.82 | [12.46 · 15.28 , 20.92 · 23.75] |
|
+1.91 σ |
Overvalued
|
| Last 15Y | 17.99 | 2.75 | [12.49 · 15.24 , 20.73 · 23.48] |
|
+2.00 σ |
Expensive
|
| Last 16Y | 17.77 | 2.66 | [12.45 · 15.11 , 20.43 · 23.09] |
|
+2.15 σ |
Expensive
|
| Last 17Y | 17.54 | 2.68 | [12.18 · 14.86 , 20.22 · 22.90] |
|
+2.22 σ |
Expensive
|
| Last 18Y | 17.64 | 2.65 | [12.34 · 14.99 , 20.29 · 22.94] |
|
+2.21 σ |
Expensive
|
| Last 19Y | 17.58 | 2.55 | [12.48 · 15.03 , 20.14 · 22.69] |
|
+2.31 σ |
Expensive
|
| Last 20Y | 17.42 | 2.59 | [12.25 · 14.83 , 20.01 · 22.60] |
|
+2.34 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 | 23.49 |
|
-2.02 σ | +0.74 σ | +1.57 σ | +2.34 σ | |
| All World | 21.12 |
|
+1.04 σ | +2.13 σ | +3.20 σ | +4.10 σ | ||
| Emerging Markets | 14.58 |
|
+1.39 σ | +0.61 σ | +1.35 σ | +1.62 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 | -9.86% | 21 Feb | |
| Short Term | Price vs SMA50 | -5.10% | 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.