13.29
Last update: 20 November 2024
The estimated P/E Ratio for Israel Stock Market is 13.29, calculated on 20 November 2024.
Considering the last 5 years, an average P/E interval is [9.54 , 12.82]. For this reason, the current P/E can be considered Overvalued
P/E Ratio is calculated on the EIS Etf, whose benchmark is the Israel 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 Israel 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: 13.29
20 November 2024 · P/E Ratio: 13.29 ·
1Y Average: 11.91 ·
1 Std Dev range: [11.23 , 12.60] ·
2 Std Dev range: [10.55 , 13.28]
20 November 2024 · P/E Ratio: 13.29 ·
5Y Average: 11.18 ·
1 Std Dev range: [9.54 , 12.82] ·
2 Std Dev range: [7.90 , 14.47]
20 November 2024 · P/E Ratio: 13.29 ·
10Y Average: 10.97 ·
1 Std Dev range: [10.03 , 11.90] ·
2 Std Dev range: [9.10 , 12.84]
20 November 2024 · P/E Ratio: 13.29 ·
20Y Average: 10.99 ·
1 Std Dev range: [9.45 , 12.53] ·
2 Std Dev range: [7.90 , 14.07]
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: 13.29 · 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 ( 13.29 ) |
Deviation vs μ |
Valuation |
| Last 1Y | 11.91 | 0.68 | [10.55 · 11.23 , 12.60 · 13.28] |
|
+2.00 σ |
Expensive
|
| Last 2Y | 9.98 | 1.67 | [6.63 · 8.30 , 11.65 · 13.32] |
|
+1.98 σ |
Overvalued
|
| Last 3Y | 10.18 | 1.67 | [6.85 · 8.52 , 11.85 · 13.52] |
|
+1.86 σ |
Overvalued
|
| Last 4Y | 11.06 | 1.88 | [7.30 · 9.18 , 12.94 · 14.82] |
|
+1.18 σ |
Overvalued
|
| Last 5Y | 11.18 | 1.64 | [7.90 · 9.54 , 12.82 · 14.47] |
|
+1.28 σ |
Overvalued
|
| Last 6Y | 11.04 | 1.43 | [8.18 · 9.61 , 12.47 · 13.90] |
|
+1.57 σ |
Overvalued
|
| Last 7Y | 11.07 | 1.25 | [8.56 · 9.81 , 12.32 · 13.58] |
|
+1.77 σ |
Overvalued
|
| Last 8Y | 10.95 | 1.12 | [8.71 · 9.83 , 12.07 · 13.19] |
|
+2.08 σ |
Expensive
|
| Last 9Y | 10.89 | 1.02 | [8.85 · 9.87 , 11.92 · 12.94] |
|
+2.34 σ |
Expensive
|
| Last 10Y | 10.97 | 0.93 | [9.10 · 10.03 , 11.90 · 12.84] |
|
+2.48 σ |
Expensive
|
| Last 11Y | 10.83 | 0.92 | [8.99 · 9.91 , 11.75 · 12.67] |
|
+2.67 σ |
Expensive
|
| Last 12Y | 10.58 | 1.12 | [8.33 · 9.46 , 11.70 · 12.83] |
|
+2.41 σ |
Expensive
|
| Last 13Y | 10.33 | 1.26 | [7.80 · 9.07 , 11.59 · 12.85] |
|
+2.34 σ |
Expensive
|
| Last 14Y | 10.25 | 1.24 | [7.77 · 9.01 , 11.50 · 12.74] |
|
+2.44 σ |
Expensive
|
| Last 15Y | 10.36 | 1.22 | [7.92 · 9.14 , 11.58 · 12.81] |
|
+2.39 σ |
Expensive
|
| Last 16Y | 10.37 | 1.23 | [7.90 · 9.13 , 11.60 · 12.84] |
|
+2.36 σ |
Expensive
|
| Last 17Y | 10.44 | 1.25 | [7.94 · 9.19 , 11.69 · 12.94] |
|
+2.27 σ |
Expensive
|
| Last 18Y | 10.60 | 1.34 | [7.93 · 9.27 , 11.94 · 13.27] |
|
+2.01 σ |
Expensive
|
| Last 19Y | 10.77 | 1.43 | [7.92 · 9.34 , 12.20 · 13.63] |
|
+1.76 σ |
Overvalued
|
| Last 20Y | 10.99 | 1.54 | [7.90 · 9.45 , 12.53 · 14.07] |
|
+1.49 σ |
Overvalued
|
P/E Comparison
How is the Israel 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 | |||
|
|
Israel | 13.29 |
|
+2.00 σ | +1.28 σ | +2.48 σ | +1.49 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 | ||
Israel Stock Market Trend
Trend is evaluated considering the price of the EIS Etf and its 200/50-day moving averages (SMA).
Swipe left to see all data
| Trend | Indicator | Valuation | Margin | |
|---|---|---|---|---|
| Long Term | Price vs SMA200 | +12.58% | 20 Nov | |
| Short Term | Price vs SMA50 | +5.98% | 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.