12.37
Last update: 26 July 2024
The estimated P/E Ratio for Israel Stock Market is 12.37, calculated on 26 July 2024.
Considering the last 5 years, an average P/E interval is [9.40 , 12.54]. 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.
26 July 2024 · P/E Ratio: 12.37
26 July 2024 · P/E Ratio: 12.37 ·
1Y Average: 10.38 ·
1 Std Dev range: [8.92 , 11.84] ·
2 Std Dev range: [7.45 , 13.31]
26 July 2024 · P/E Ratio: 12.37 ·
5Y Average: 10.97 ·
1 Std Dev range: [9.40 , 12.54] ·
2 Std Dev range: [7.83 , 14.11]
26 July 2024 · P/E Ratio: 12.37 ·
10Y Average: 10.88 ·
1 Std Dev range: [10.01 , 11.74] ·
2 Std Dev range: [9.15 , 12.61]
26 July 2024 · P/E Ratio: 12.37 ·
20Y Average: 11.01 ·
1 Std Dev range: [9.43 , 12.59] ·
2 Std Dev range: [7.85 , 14.17]
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".
26 July 2024 · P/E Ratio: 12.37 · 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 ( 12.37 ) |
Deviation vs μ |
Valuation |
| Last 1Y | 10.38 | 1.46 | [7.45 · 8.92 , 11.84 · 13.31] |
|
+1.36 σ |
Overvalued
|
| Last 2Y | 9.22 | 1.29 | [6.65 · 7.93 , 10.50 · 11.79] |
|
+2.45 σ |
Expensive
|
| Last 3Y | 10.20 | 1.69 | [6.82 · 8.51 , 11.90 · 13.59] |
|
+1.28 σ |
Overvalued
|
| Last 4Y | 10.96 | 1.80 | [7.37 · 9.16 , 12.76 · 14.56] |
|
+0.78 σ |
Fair
|
| Last 5Y | 10.97 | 1.57 | [7.83 · 9.40 , 12.54 · 14.11] |
|
+0.89 σ |
Fair
|
| Last 6Y | 10.94 | 1.34 | [8.26 · 9.60 , 12.29 · 13.63] |
|
+1.06 σ |
Overvalued
|
| Last 7Y | 10.96 | 1.16 | [8.63 · 9.80 , 12.12 · 13.29] |
|
+1.21 σ |
Overvalued
|
| Last 8Y | 10.81 | 1.05 | [8.70 · 9.75 , 11.86 · 12.92] |
|
+1.48 σ |
Overvalued
|
| Last 9Y | 10.83 | 0.96 | [8.91 · 9.87 , 11.79 · 12.75] |
|
+1.60 σ |
Overvalued
|
| Last 10Y | 10.88 | 0.87 | [9.15 · 10.01 , 11.74 · 12.61] |
|
+1.72 σ |
Overvalued
|
| Last 11Y | 10.68 | 0.97 | [8.74 · 9.71 , 11.65 · 12.62] |
|
+1.74 σ |
Overvalued
|
| Last 12Y | 10.44 | 1.16 | [8.12 · 9.28 , 11.59 · 12.75] |
|
+1.67 σ |
Overvalued
|
| Last 13Y | 10.20 | 1.27 | [7.67 · 8.94 , 11.47 · 12.74] |
|
+1.71 σ |
Overvalued
|
| Last 14Y | 10.19 | 1.20 | [7.80 · 9.00 , 11.39 · 12.59] |
|
+1.82 σ |
Overvalued
|
| Last 15Y | 10.35 | 1.21 | [7.93 · 9.14 , 11.56 · 12.77] |
|
+1.67 σ |
Overvalued
|
| Last 16Y | 10.31 | 1.22 | [7.87 · 9.09 , 11.53 · 12.75] |
|
+1.69 σ |
Overvalued
|
| Last 17Y | 10.45 | 1.25 | [7.94 · 9.19 , 11.70 · 12.95] |
|
+1.53 σ |
Overvalued
|
| Last 18Y | 10.60 | 1.34 | [7.93 · 9.27 , 11.94 · 13.28] |
|
+1.32 σ |
Overvalued
|
| Last 19Y | 10.79 | 1.45 | [7.89 · 9.34 , 12.24 · 13.69] |
|
+1.09 σ |
Overvalued
|
| Last 20Y | 11.01 | 1.58 | [7.85 · 9.43 , 12.59 · 14.17] |
|
+0.86 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 | 12.37 |
|
+1.36 σ | +0.89 σ | +1.72 σ | +0.86 σ | |
| All World | 20.34 |
|
+2.49 σ | +2.12 σ | +3.43 σ | +4.13 σ | ||
| Developed ex-US | 16.49 |
|
+3.85 σ | +1.53 σ | +2.61 σ | +2.67 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 | +10.35% | 26 Jul | |
| Short Term | Price vs SMA50 | +3.89% | 26 Jul |
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.