Ireland Stock Market: current P/E Ratio

15.28
Last update: 22 April 2024

The estimated P/E Ratio for Ireland Stock Market is 15.28, calculated on 22 April 2024.

Considering the last 5 years, an average P/E interval is [13.80 , 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.

22 April 2024 · P/E Ratio: 15.28
22 April 2024 · P/E Ratio: 15.28 · 1Y Average: 13.88 · 1 Std Dev range: [13.23 , 14.54] · 2 Std Dev range: [12.58 , 15.19]
22 April 2024 · P/E Ratio: 15.28 · 5Y Average: 16.70 · 1 Std Dev range: [13.80 , 19.60] · 2 Std Dev range: [10.90 , 22.50]
22 April 2024 · P/E Ratio: 15.28 · 10Y Average: 16.27 · 1 Std Dev range: [14.40 , 18.14] · 2 Std Dev range: [12.53 , 20.01]
22 April 2024 · P/E Ratio: 15.28 · 20Y Average: 16.05 · 1 Std Dev range: [13.55 , 18.55] · 2 Std Dev range: [11.05 , 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".
22 April 2024 · P/E Ratio: 15.28 · Last Periods metrics
Show all periods
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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
( 15.28 )
Deviation
vs μ
Valuation
Last 1Y 13.88 0.65 [12.58 · 13.23 , 14.54 · 15.19]
+2.15 σ
Expensive
Last 2Y 14.05 0.70 [12.65 · 13.35 , 14.75 · 15.45]
+1.77 σ
Overvalued
Last 3Y 15.41 2.30 [10.81 · 13.11 , 17.70 · 20.00]
-0.05 σ
Fair
Last 4Y 17.04 3.13 [10.79 · 13.91 , 20.17 · 23.30]
-0.56 σ
Fair
Last 5Y 16.70 2.90 [10.90 · 13.80 , 19.60 · 22.50]
-0.49 σ
Fair
Last 6Y 16.05 2.68 [10.69 · 13.37 , 18.73 · 21.41]
-0.29 σ
Fair
Last 7Y 15.94 2.37 [11.21 · 13.58 , 18.31 · 20.68]
-0.28 σ
Fair
Last 8Y 15.89 2.04 [11.82 · 13.85 , 17.93 · 19.97]
-0.30 σ
Fair
Last 9Y 15.97 1.89 [12.20 · 14.09 , 17.86 · 19.74]
-0.36 σ
Fair
Last 10Y 16.27 1.87 [12.53 · 14.40 , 18.14 · 20.01]
-0.53 σ
Fair
Last 11Y 16.78 2.30 [12.18 · 14.48 , 19.07 · 21.37]
-0.65 σ
Fair
Last 12Y 16.90 2.20 [12.49 · 14.70 , 19.10 · 21.31]
-0.73 σ
Fair
Last 13Y 16.88 2.13 [12.61 · 14.74 , 19.01 · 21.15]
-0.75 σ
Fair
Last 14Y 17.29 2.44 [12.40 · 14.85 , 19.73 · 22.17]
-0.82 σ
Fair
Last 15Y 17.35 2.34 [12.66 · 15.01 , 19.69 · 22.04]
-0.88 σ
Fair
Last 16Y 17.00 2.40 [12.19 · 14.59 , 19.40 · 21.80]
-0.71 σ
Fair
Last 17Y 16.68 2.51 [11.65 · 14.16 , 19.19 · 21.71]
-0.55 σ
Fair
Last 18Y 16.38 2.52 [11.34 · 13.86 , 18.90 · 21.42]
-0.43 σ
Fair
Last 19Y 16.16 2.53 [11.10 · 13.63 , 18.68 · 21.21]
-0.34 σ
Fair
Last 20Y 16.05 2.50 [11.05 · 13.55 , 18.55 · 21.05]
-0.30 σ
Fair

P/E Comparison

How is the Ireland Stock Market P/E Ratio, compared to other global ratios?

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Deviation vs μ
Trend P/E 1Y 5Y 10Y 20Y
Ireland 15.28
+2.15 σ -0.49 σ -0.53 σ -0.30 σ
All World 19.96
+3.91 σ +2.09 σ +3.44 σ +4.04 σ
Developed ex-US 14.67
+2.53 σ +0.16 σ +0.51 σ +1.03 σ

Ireland Stock Market Trend

Trend is evaluated considering the price of the EIRL Etf and its 200/50-day moving averages (SMA).

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Trend Indicator Valuation Margin
Long Term Price vs SMA200 +11.77% 22 Apr
Short Term Price vs SMA50 -0.44% 22 Apr
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.