26.42
Last update: 21 October 2024
The estimated P/E Ratio for India Stock Market is 26.42, calculated on 21 October 2024.
Considering the last 5 years, an average P/E interval is [20.70 , 23.56]. For this reason, the current P/E can be considered Expensive
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 October 2024 · P/E Ratio: 26.42
21 October 2024 · P/E Ratio: 26.42 ·
1Y Average: 23.96 ·
1 Std Dev range: [23.29 , 24.63] ·
2 Std Dev range: [22.62 , 25.30]
21 October 2024 · P/E Ratio: 26.42 ·
5Y Average: 22.13 ·
1 Std Dev range: [20.70 , 23.56] ·
2 Std Dev range: [19.27 , 24.99]
21 October 2024 · P/E Ratio: 26.42 ·
10Y Average: 19.56 ·
1 Std Dev range: [17.35 , 21.78] ·
2 Std Dev range: [15.13 , 23.99]
21 October 2024 · P/E Ratio: 26.42 ·
20Y Average: 17.22 ·
1 Std Dev range: [14.69 , 19.75] ·
2 Std Dev range: [12.16 , 22.28]
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: 26.42 · 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 ( 26.42 ) |
Deviation vs μ |
Valuation |
| Last 1Y | 23.96 | 0.67 | [22.62 · 23.29 , 24.63 · 25.30] |
|
+3.66 σ |
Expensive
|
| Last 2Y | 23.22 | 1.29 | [20.64 · 21.93 , 24.51 · 25.80] |
|
+2.48 σ |
Expensive
|
| Last 3Y | 22.40 | 1.38 | [19.64 · 21.02 , 23.79 · 25.17] |
|
+2.90 σ |
Expensive
|
| Last 4Y | 22.42 | 1.18 | [20.06 · 21.24 , 23.61 · 24.79] |
|
+3.38 σ |
Expensive
|
| Last 5Y | 22.13 | 1.43 | [19.27 · 20.70 , 23.56 · 24.99] |
|
+3.00 σ |
Expensive
|
| Last 6Y | 21.26 | 2.01 | [17.24 · 19.25 , 23.27 · 25.28] |
|
+2.56 σ |
Expensive
|
| Last 7Y | 20.75 | 2.10 | [16.54 · 18.65 , 22.85 · 24.95] |
|
+2.70 σ |
Expensive
|
| Last 8Y | 20.21 | 2.16 | [15.90 · 18.06 , 22.37 · 24.53] |
|
+2.87 σ |
Expensive
|
| Last 9Y | 19.80 | 2.21 | [15.38 · 17.59 , 22.01 · 24.22] |
|
+2.99 σ |
Expensive
|
| Last 10Y | 19.56 | 2.22 | [15.13 · 17.35 , 21.78 · 23.99] |
|
+3.09 σ |
Expensive
|
| Last 11Y | 19.13 | 2.27 | [14.59 · 16.86 , 21.40 · 23.67] |
|
+3.21 σ |
Expensive
|
| Last 12Y | 18.70 | 2.45 | [13.79 · 16.24 , 21.15 · 23.61] |
|
+3.15 σ |
Expensive
|
| Last 13Y | 18.20 | 2.66 | [12.88 · 15.54 , 20.85 · 23.51] |
|
+3.10 σ |
Expensive
|
| Last 14Y | 17.89 | 2.69 | [12.51 · 15.20 , 20.58 · 23.27] |
|
+3.17 σ |
Expensive
|
| Last 15Y | 17.79 | 2.61 | [12.58 · 15.19 , 20.40 · 23.00] |
|
+3.31 σ |
Expensive
|
| Last 16Y | 17.52 | 2.59 | [12.33 · 14.92 , 20.11 · 22.70] |
|
+3.43 σ |
Expensive
|
| Last 17Y | 17.52 | 2.64 | [12.23 · 14.88 , 20.17 · 22.81] |
|
+3.36 σ |
Expensive
|
| Last 18Y | 17.52 | 2.52 | [12.48 · 15.00 , 20.03 · 22.55] |
|
+3.54 σ |
Expensive
|
| Last 19Y | 17.41 | 2.45 | [12.52 · 14.97 , 19.86 · 22.31] |
|
+3.68 σ |
Expensive
|
| Last 20Y | 17.22 | 2.53 | [12.16 · 14.69 , 19.75 · 22.28] |
|
+3.64 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 | 26.42 |
|
+3.66 σ | +3.00 σ | +3.09 σ | +3.64 σ | |
| All World | 21.37 |
|
+1.86 σ | +2.64 σ | +3.83 σ | +4.57 σ | ||
| Emerging Markets | 15.02 |
|
+2.33 σ | +0.92 σ | +1.87 σ | +2.07 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 | +4.35% | 21 Oct | |
| Short Term | Price vs SMA50 | -1.95% | 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.