12.03
Last update: 17 May 2024
The estimated P/E Ratio for Israel Stock Market is 12.03, calculated on 17 May 2024.
Considering the last 5 years, an average P/E interval is [9.37 , 12.47]. For this reason, the current P/E can be considered Fair
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.
17 May 2024 · P/E Ratio: 12.03
17 May 2024 · P/E Ratio: 12.03 ·
1Y Average: 9.48 ·
1 Std Dev range: [8.13 , 10.83] ·
2 Std Dev range: [6.78 , 12.17]
17 May 2024 · P/E Ratio: 12.03 ·
5Y Average: 10.92 ·
1 Std Dev range: [9.37 , 12.47] ·
2 Std Dev range: [7.81 , 14.02]
17 May 2024 · P/E Ratio: 12.03 ·
10Y Average: 10.84 ·
1 Std Dev range: [10.00 , 11.69] ·
2 Std Dev range: [9.15 , 12.54]
17 May 2024 · P/E Ratio: 12.03 ·
20Y Average: 11.04 ·
1 Std Dev range: [9.42 , 12.65] ·
2 Std Dev range: [7.81 , 14.27]
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".
17 May 2024 · P/E Ratio: 12.03 · 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 ( 12.03 ) |
Deviation vs μ |
Valuation |
| Last 1Y | 9.48 | 1.35 | [6.78 · 8.13 , 10.83 · 12.17] |
|
+1.89 σ |
Overvalued
|
| Last 2Y | 9.01 | 1.07 | [6.87 · 7.94 , 10.07 · 11.14] |
|
+2.83 σ |
Expensive
|
| Last 3Y | 10.26 | 1.77 | [6.72 · 8.49 , 12.03 · 13.80] |
|
+1.00 σ |
Fair
|
| Last 4Y | 10.92 | 1.79 | [7.35 · 9.14 , 12.71 · 14.49] |
|
+0.62 σ |
Fair
|
| Last 5Y | 10.92 | 1.55 | [7.81 · 9.37 , 12.47 · 14.02] |
|
+0.71 σ |
Fair
|
| Last 6Y | 10.91 | 1.32 | [8.26 · 9.58 , 12.23 · 13.56] |
|
+0.85 σ |
Fair
|
| Last 7Y | 10.91 | 1.15 | [8.62 · 9.76 , 12.06 · 13.21] |
|
+0.97 σ |
Fair
|
| Last 8Y | 10.76 | 1.03 | [8.70 · 9.73 , 11.80 · 12.83] |
|
+1.23 σ |
Overvalued
|
| Last 9Y | 10.82 | 0.95 | [8.93 · 9.87 , 11.76 · 12.71] |
|
+1.28 σ |
Overvalued
|
| Last 10Y | 10.84 | 0.85 | [9.15 · 10.00 , 11.69 · 12.54] |
|
+1.40 σ |
Overvalued
|
| Last 11Y | 10.61 | 1.00 | [8.61 · 9.61 , 11.61 · 12.61] |
|
+1.42 σ |
Overvalued
|
| Last 12Y | 10.36 | 1.17 | [8.02 · 9.19 , 11.54 · 12.71] |
|
+1.42 σ |
Overvalued
|
| Last 13Y | 10.16 | 1.25 | [7.67 · 8.91 , 11.40 · 12.65] |
|
+1.50 σ |
Overvalued
|
| Last 14Y | 10.17 | 1.18 | [7.82 · 9.00 , 11.35 · 12.53] |
|
+1.58 σ |
Overvalued
|
| Last 15Y | 10.35 | 1.20 | [7.94 · 9.14 , 11.55 · 12.76] |
|
+1.40 σ |
Overvalued
|
| Last 16Y | 10.31 | 1.22 | [7.87 · 9.09 , 11.53 · 12.75] |
|
+1.41 σ |
Overvalued
|
| Last 17Y | 10.45 | 1.26 | [7.93 · 9.19 , 11.71 · 12.97] |
|
+1.25 σ |
Overvalued
|
| Last 18Y | 10.62 | 1.36 | [7.90 · 9.26 , 11.98 · 13.34] |
|
+1.04 σ |
Overvalued
|
| Last 19Y | 10.80 | 1.48 | [7.85 · 9.33 , 12.28 · 13.76] |
|
+0.83 σ |
Fair
|
| Last 20Y | 11.04 | 1.62 | [7.81 · 9.42 , 12.65 · 14.27] |
|
+0.61 σ |
Fair
|
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 | 12.03 |
|
+1.89 σ | +0.71 σ | +1.40 σ | +0.61 σ | |
| All World | 21.20 |
|
+5.06 σ | +2.85 σ | +4.34 σ | +4.88 σ | ||
| Developed ex-US | 16.25 |
|
+5.25 σ | +1.42 σ | +2.44 σ | +2.45 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 | +7.99% | 17 May | |
| Short Term | Price vs SMA50 | +0.31% | 17 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.