13.68
Last update: 20 November 2024
The estimated P/E Ratio for Ireland Stock Market is 13.68, calculated on 20 November 2024.
Considering the last 5 years, an average P/E interval is [14.09 , 19.68]. For this reason, the current P/E can be considered Undervalued
P/E Ratio is calculated on the EIRL Etf, whose benchmark is the Ireland 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 Ireland 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: 13.68
20 November 2024 · P/E Ratio: 13.68 ·
1Y Average: 15.12 ·
1 Std Dev range: [14.57 , 15.67] ·
2 Std Dev range: [14.02 , 16.22]
20 November 2024 · P/E Ratio: 13.68 ·
5Y Average: 16.89 ·
1 Std Dev range: [14.09 , 19.68] ·
2 Std Dev range: [11.30 , 22.48]
20 November 2024 · P/E Ratio: 13.68 ·
10Y Average: 16.12 ·
1 Std Dev range: [14.30 , 17.93] ·
2 Std Dev range: [12.48 , 19.75]
20 November 2024 · P/E Ratio: 13.68 ·
20Y Average: 16.12 ·
1 Std Dev range: [13.66 , 18.59] ·
2 Std Dev range: [11.20 , 21.05]
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: 13.68 · 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 ( 13.68 ) |
Deviation vs μ |
Valuation |
| Last 1Y | 15.12 | 0.55 | [14.02 · 14.57 , 15.67 · 16.23] |
|
-2.62 σ |
Cheap
|
| Last 2Y | 14.43 | 0.79 | [12.85 · 13.64 , 15.23 · 16.02] |
|
-0.95 σ |
Fair
|
| Last 3Y | 14.54 | 0.84 | [12.86 · 13.70 , 15.38 · 16.21] |
|
-1.03 σ |
Undervalued
|
| Last 4Y | 16.14 | 2.64 | [10.86 · 13.50 , 18.78 · 21.42] |
|
-0.93 σ |
Fair
|
| Last 5Y | 16.89 | 2.79 | [11.30 · 14.09 , 19.68 · 22.48] |
|
-1.15 σ |
Undervalued
|
| Last 6Y | 16.18 | 2.64 | [10.91 · 13.54 , 18.81 · 21.45] |
|
-0.95 σ |
Fair
|
| Last 7Y | 15.93 | 2.38 | [11.17 · 13.55 , 18.30 · 20.68] |
|
-0.94 σ |
Fair
|
| Last 8Y | 15.87 | 2.05 | [11.77 · 13.82 , 17.91 · 19.96] |
|
-1.07 σ |
Undervalued
|
| Last 9Y | 15.87 | 1.83 | [12.20 · 14.03 , 17.70 · 19.54] |
|
-1.19 σ |
Undervalued
|
| Last 10Y | 16.12 | 1.82 | [12.48 · 14.30 , 17.93 · 19.75] |
|
-1.34 σ |
Undervalued
|
| Last 11Y | 16.40 | 1.95 | [12.49 · 14.44 , 18.35 · 20.30] |
|
-1.39 σ |
Undervalued
|
| Last 12Y | 16.78 | 2.22 | [12.34 · 14.56 , 19.00 · 21.22] |
|
-1.40 σ |
Undervalued
|
| Last 13Y | 16.87 | 2.10 | [12.68 · 14.78 , 18.97 · 21.07] |
|
-1.52 σ |
Undervalued
|
| Last 14Y | 16.99 | 2.23 | [12.53 · 14.76 , 19.22 · 21.45] |
|
-1.49 σ |
Undervalued
|
| Last 15Y | 17.29 | 2.36 | [12.57 · 14.93 , 19.65 · 22.01] |
|
-1.53 σ |
Undervalued
|
| Last 16Y | 17.11 | 2.29 | [12.53 · 14.82 , 19.40 · 21.68] |
|
-1.50 σ |
Undervalued
|
| Last 17Y | 16.81 | 2.38 | [12.04 · 14.43 , 19.19 · 21.58] |
|
-1.31 σ |
Undervalued
|
| Last 18Y | 16.50 | 2.42 | [11.66 · 14.08 , 18.92 · 21.34] |
|
-1.16 σ |
Undervalued
|
| Last 19Y | 16.27 | 2.45 | [11.37 · 13.82 , 18.71 · 21.16] |
|
-1.06 σ |
Undervalued
|
| Last 20Y | 16.12 | 2.46 | [11.20 · 13.66 , 18.59 · 21.05] |
|
-0.99 σ |
Fair
|
P/E Comparison
How is the Ireland 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 | |||
|
|
Ireland | 13.68 |
|
-2.62 σ | -1.15 σ | -1.34 σ | -0.99 σ | |
| All World | 21.24 |
|
+1.65 σ | +2.51 σ | +3.63 σ | +4.41 σ | ||
| Developed ex-US | 15.95 |
|
+0.98 σ | +0.84 σ | +1.69 σ | +2.16 σ | ||
Ireland Stock Market Trend
Trend is evaluated considering the price of the EIRL Etf and its 200/50-day moving averages (SMA).
Swipe left to see all data
| Trend | Indicator | Valuation | Margin | |
|---|---|---|---|---|
| Long Term | Price vs SMA200 | -11.38% | 20 Nov | |
| Short Term | Price vs SMA50 | -9.31% | 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.