15.71
Last update: 03 May 2024
The estimated P/E Ratio for Ireland Stock Market is 15.71, calculated on 03 May 2024.
Considering the last 5 years, an average P/E interval is [13.83 , 19.60]. For this reason, the current P/E can be considered Fair
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.
03 May 2024 · P/E Ratio: 15.71
03 May 2024 · P/E Ratio: 15.71 ·
1Y Average: 13.96 ·
1 Std Dev range: [13.22 , 14.70] ·
2 Std Dev range: [12.49 , 15.43]
03 May 2024 · P/E Ratio: 15.71 ·
5Y Average: 16.72 ·
1 Std Dev range: [13.83 , 19.60] ·
2 Std Dev range: [10.94 , 22.49]
03 May 2024 · P/E Ratio: 15.71 ·
10Y Average: 16.22 ·
1 Std Dev range: [14.39 , 18.06] ·
2 Std Dev range: [12.55 , 19.89]
03 May 2024 · P/E Ratio: 15.71 ·
20Y Average: 16.06 ·
1 Std Dev range: [13.56 , 18.55] ·
2 Std Dev range: [11.06 , 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".
03 May 2024 · P/E Ratio: 15.71 · 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 ( 15.71 ) |
Deviation vs μ |
Valuation |
| Last 1Y | 13.96 | 0.74 | [12.49 · 13.22 , 14.70 · 15.43] |
|
+2.37 σ |
Expensive
|
| Last 2Y | 14.05 | 0.70 | [12.65 · 13.35 , 14.75 · 15.45] |
|
+2.37 σ |
Expensive
|
| Last 3Y | 15.21 | 2.07 | [11.08 · 13.15 , 17.28 · 19.35] |
|
+0.24 σ |
Fair
|
| Last 4Y | 16.93 | 3.12 | [10.70 · 13.82 , 20.05 · 23.17] |
|
-0.39 σ |
Fair
|
| Last 5Y | 16.72 | 2.89 | [10.94 · 13.83 , 19.60 · 22.49] |
|
-0.35 σ |
Fair
|
| Last 6Y | 16.06 | 2.68 | [10.70 · 13.38 , 18.73 · 21.41] |
|
-0.13 σ |
Fair
|
| Last 7Y | 15.91 | 2.36 | [11.19 · 13.55 , 18.28 · 20.64] |
|
-0.09 σ |
Fair
|
| Last 8Y | 15.87 | 2.04 | [11.80 · 13.84 , 17.91 · 19.95] |
|
-0.08 σ |
Fair
|
| Last 9Y | 15.93 | 1.86 | [12.21 · 14.07 , 17.79 · 19.65] |
|
-0.12 σ |
Fair
|
| Last 10Y | 16.22 | 1.84 | [12.55 · 14.39 , 18.06 · 19.90] |
|
-0.28 σ |
Fair
|
| Last 11Y | 16.72 | 2.25 | [12.21 · 14.46 , 18.97 · 21.22] |
|
-0.45 σ |
Fair
|
| Last 12Y | 16.88 | 2.21 | [12.46 · 14.67 , 19.08 · 21.29] |
|
-0.53 σ |
Fair
|
| Last 13Y | 16.84 | 2.12 | [12.60 · 14.72 , 18.96 · 21.08] |
|
-0.53 σ |
Fair
|
| Last 14Y | 17.23 | 2.40 | [12.43 · 14.83 , 19.63 · 22.03] |
|
-0.63 σ |
Fair
|
| Last 15Y | 17.35 | 2.34 | [12.66 · 15.00 , 19.69 · 22.04] |
|
-0.70 σ |
Fair
|
| Last 16Y | 17.01 | 2.39 | [12.24 · 14.62 , 19.39 · 21.78] |
|
-0.55 σ |
Fair
|
| Last 17Y | 16.69 | 2.50 | [11.69 · 14.19 , 19.19 · 21.69] |
|
-0.39 σ |
Fair
|
| Last 18Y | 16.39 | 2.51 | [11.37 · 13.88 , 18.90 · 21.41] |
|
-0.27 σ |
Fair
|
| Last 19Y | 16.17 | 2.52 | [11.14 · 13.65 , 18.69 · 21.20] |
|
-0.18 σ |
Fair
|
| Last 20Y | 16.06 | 2.50 | [11.06 · 13.56 , 18.55 · 21.05] |
|
-0.14 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 | 15.71 |
|
+2.37 σ | -0.35 σ | -0.28 σ | -0.14 σ | |
| All World | 20.50 |
|
+4.16 σ | +2.37 σ | +3.77 σ | +4.38 σ | ||
| Developed ex-US | 15.04 |
|
+2.64 σ | +0.44 σ | +0.94 σ | +1.36 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 | +14.09% | 03 May | |
| Short Term | Price vs SMA50 | +1.42% | 03 May |
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.