10.70
Last update: 20 November 2024
The estimated P/E Ratio for Italy Stock Market is 10.70, calculated on 20 November 2024.
Considering the last 5 years, an average P/E interval is [8.80 , 12.43]. For this reason, the current P/E can be considered Fair
P/E Ratio is calculated on the EWI Etf, whose benchmark is the Italy 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 Italy 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: 10.70
20 November 2024 · P/E Ratio: 10.70 ·
1Y Average: 10.04 ·
1 Std Dev range: [9.37 , 10.70] ·
2 Std Dev range: [8.70 , 11.37]
20 November 2024 · P/E Ratio: 10.70 ·
5Y Average: 10.61 ·
1 Std Dev range: [8.80 , 12.43] ·
2 Std Dev range: [6.98 , 14.24]
20 November 2024 · P/E Ratio: 10.70 ·
10Y Average: 11.56 ·
1 Std Dev range: [9.99 , 13.13] ·
2 Std Dev range: [8.43 , 14.69]
20 November 2024 · P/E Ratio: 10.70 ·
20Y Average: 11.23 ·
1 Std Dev range: [9.60 , 12.86] ·
2 Std Dev range: [7.97 , 14.49]
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: 10.70 · 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 ( 10.70 ) |
Deviation vs μ |
Valuation |
| Last 1Y | 10.04 | 0.67 | [8.70 · 9.37 , 10.70 · 11.37] |
|
+0.99 σ |
Fair
|
| Last 2Y | 9.18 | 0.85 | [7.48 · 8.33 , 10.03 · 10.88] |
|
+1.78 σ |
Overvalued
|
| Last 3Y | 9.03 | 0.92 | [7.18 · 8.11 , 9.95 · 10.87] |
|
+1.81 σ |
Overvalued
|
| Last 4Y | 9.93 | 1.57 | [6.80 · 8.37 , 11.50 · 13.06] |
|
+0.49 σ |
Fair
|
| Last 5Y | 10.61 | 1.82 | [6.98 · 8.80 , 12.43 · 14.24] |
|
+0.05 σ |
Fair
|
| Last 6Y | 10.51 | 1.54 | [7.43 · 8.97 , 12.05 · 13.59] |
|
+0.12 σ |
Fair
|
| Last 7Y | 10.75 | 1.53 | [7.70 · 9.22 , 12.28 · 13.80] |
|
-0.03 σ |
Fair
|
| Last 8Y | 11.04 | 1.56 | [7.93 · 9.48 , 12.60 · 14.15] |
|
-0.22 σ |
Fair
|
| Last 9Y | 11.21 | 1.50 | [8.21 · 9.71 , 12.72 · 14.22] |
|
-0.34 σ |
Fair
|
| Last 10Y | 11.56 | 1.57 | [8.43 · 9.99 , 13.13 · 14.69] |
|
-0.55 σ |
Fair
|
| Last 11Y | 11.69 | 1.49 | [8.71 · 10.20 , 13.17 · 14.66] |
|
-0.66 σ |
Fair
|
| Last 12Y | 11.54 | 1.47 | [8.60 · 10.07 , 13.01 · 14.48] |
|
-0.57 σ |
Fair
|
| Last 13Y | 11.23 | 1.63 | [7.98 · 9.61 , 12.86 · 14.48] |
|
-0.33 σ |
Fair
|
| Last 14Y | 11.04 | 1.66 | [7.71 · 9.38 , 12.70 · 14.37] |
|
-0.21 σ |
Fair
|
| Last 15Y | 11.04 | 1.61 | [7.83 · 9.44 , 12.65 · 14.26] |
|
-0.21 σ |
Fair
|
| Last 16Y | 10.93 | 1.62 | [7.70 · 9.31 , 12.55 · 14.17] |
|
-0.14 σ |
Fair
|
| Last 17Y | 10.83 | 1.62 | [7.59 · 9.21 , 12.44 · 14.06] |
|
-0.08 σ |
Fair
|
| Last 18Y | 10.92 | 1.59 | [7.74 · 9.33 , 12.52 · 14.11] |
|
-0.14 σ |
Fair
|
| Last 19Y | 11.04 | 1.59 | [7.87 · 9.45 , 12.63 · 14.22] |
|
-0.22 σ |
Fair
|
| Last 20Y | 11.23 | 1.63 | [7.97 · 9.60 , 12.86 · 14.49] |
|
-0.33 σ |
Fair
|
P/E Comparison
How is the Italy 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 | |||
|
|
Italy | 10.70 |
|
+0.99 σ | +0.05 σ | -0.55 σ | -0.33 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 | ||
| Europe | 15.59 |
|
+0.94 σ | +1.32 σ | +2.02 σ | +2.30 σ | ||
Italy Stock Market Trend
Trend is evaluated considering the price of the EWI Etf and its 200/50-day moving averages (SMA).
Swipe left to see all data
| Trend | Indicator | Valuation | Margin | |
|---|---|---|---|---|
| Long Term | Price vs SMA200 | -2.89% | 20 Nov | |
| Short Term | Price vs SMA50 | -4.84% | 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.