25.00
Last update: 20 November 2024
The estimated P/E Ratio for India Stock Market is 25.00, calculated on 20 November 2024.
Considering the last 5 years, an average P/E interval is [20.85 , 23.65]. 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.
20 November 2024 · P/E Ratio: 25.00
20 November 2024 · P/E Ratio: 25.00 ·
1Y Average: 24.30 ·
1 Std Dev range: [23.58 , 25.02] ·
2 Std Dev range: [22.87 , 25.74]
20 November 2024 · P/E Ratio: 25.00 ·
5Y Average: 22.25 ·
1 Std Dev range: [20.85 , 23.65] ·
2 Std Dev range: [19.45 , 25.04]
20 November 2024 · P/E Ratio: 25.00 ·
10Y Average: 19.64 ·
1 Std Dev range: [17.40 , 21.88] ·
2 Std Dev range: [15.16 , 24.11]
20 November 2024 · P/E Ratio: 25.00 ·
20Y Average: 17.27 ·
1 Std Dev range: [14.73 , 19.81] ·
2 Std Dev range: [12.19 , 22.35]
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: 25.00 · 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 ( 25.00 ) |
Deviation vs μ |
Valuation |
| Last 1Y | 24.30 | 0.72 | [22.87 · 23.58 , 25.02 · 25.74] |
|
+0.97 σ |
Fair
|
| Last 2Y | 23.48 | 1.28 | [20.93 · 22.20 , 24.76 · 26.03] |
|
+1.19 σ |
Overvalued
|
| Last 3Y | 22.45 | 1.43 | [19.59 · 21.02 , 23.88 · 25.31] |
|
+1.79 σ |
Overvalued
|
| Last 4Y | 22.51 | 1.21 | [20.09 · 21.30 , 23.73 · 24.94] |
|
+2.05 σ |
Expensive
|
| Last 5Y | 22.25 | 1.40 | [19.45 · 20.85 , 23.65 · 25.04] |
|
+1.97 σ |
Overvalued
|
| Last 6Y | 21.39 | 1.98 | [17.42 · 19.40 , 23.37 · 25.35] |
|
+1.82 σ |
Overvalued
|
| Last 7Y | 20.84 | 2.13 | [16.58 · 18.71 , 22.96 · 25.09] |
|
+1.96 σ |
Overvalued
|
| Last 8Y | 20.30 | 2.17 | [15.95 · 18.13 , 22.48 · 24.65] |
|
+2.16 σ |
Expensive
|
| Last 9Y | 19.88 | 2.24 | [15.40 · 17.64 , 22.12 · 24.35] |
|
+2.29 σ |
Expensive
|
| Last 10Y | 19.64 | 2.24 | [15.16 · 17.40 , 21.88 · 24.11] |
|
+2.40 σ |
Expensive
|
| Last 11Y | 19.20 | 2.29 | [14.63 · 16.91 , 21.49 · 23.78] |
|
+2.53 σ |
Expensive
|
| Last 12Y | 18.78 | 2.46 | [13.86 · 16.32 , 21.24 · 23.69] |
|
+2.53 σ |
Expensive
|
| Last 13Y | 18.27 | 2.66 | [12.95 · 15.61 , 20.94 · 23.60] |
|
+2.53 σ |
Expensive
|
| Last 14Y | 17.93 | 2.73 | [12.48 · 15.21 , 20.66 · 23.39] |
|
+2.59 σ |
Expensive
|
| Last 15Y | 17.84 | 2.64 | [12.56 · 15.20 , 20.48 · 23.12] |
|
+2.71 σ |
Expensive
|
| Last 16Y | 17.58 | 2.61 | [12.36 · 14.97 , 20.19 · 22.80] |
|
+2.84 σ |
Expensive
|
| Last 17Y | 17.53 | 2.66 | [12.21 · 14.87 , 20.19 · 22.85] |
|
+2.81 σ |
Expensive
|
| Last 18Y | 17.55 | 2.55 | [12.45 · 15.00 , 20.10 · 22.64] |
|
+2.92 σ |
Expensive
|
| Last 19Y | 17.46 | 2.47 | [12.52 · 14.99 , 19.93 · 22.40] |
|
+3.05 σ |
Expensive
|
| Last 20Y | 17.27 | 2.54 | [12.19 · 14.73 , 19.81 · 22.35] |
|
+3.04 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 | 25.00 |
|
+0.97 σ | +1.97 σ | +2.40 σ | +3.04 σ | |
| All World | 21.24 |
|
+1.65 σ | +2.51 σ | +3.63 σ | +4.41 σ | ||
| Emerging Markets | 14.18 |
|
+0.77 σ | +0.36 σ | +0.96 σ | +1.29 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 | -1.39% | 20 Nov | |
| Short Term | Price vs SMA50 | -4.71% | 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.