11.04
Last update: 17 May 2024
The estimated P/E Ratio for Italy Stock Market is 11.04, calculated on 17 May 2024.
Considering the last 5 years, an average P/E interval is [8.81 , 12.40]. 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.
17 May 2024 · P/E Ratio: 11.04
17 May 2024 · P/E Ratio: 11.04 ·
1Y Average: 9.05 ·
1 Std Dev range: [8.53 , 9.56] ·
2 Std Dev range: [8.01 , 10.08]
17 May 2024 · P/E Ratio: 11.04 ·
5Y Average: 10.60 ·
1 Std Dev range: [8.81 , 12.40] ·
2 Std Dev range: [7.02 , 14.19]
17 May 2024 · P/E Ratio: 11.04 ·
10Y Average: 11.71 ·
1 Std Dev range: [10.11 , 13.31] ·
2 Std Dev range: [8.50 , 14.91]
17 May 2024 · P/E Ratio: 11.04 ·
20Y Average: 11.33 ·
1 Std Dev range: [9.63 , 13.03] ·
2 Std Dev range: [7.93 , 14.73]
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: 11.04 · 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 ( 11.04 ) |
Deviation vs μ |
Valuation |
| Last 1Y | 9.05 | 0.52 | [8.01 · 8.53 , 9.56 · 10.08] |
|
+3.85 σ |
Expensive
|
| Last 2Y | 8.46 | 0.58 | [7.30 · 7.88 , 9.03 · 9.61] |
|
+4.46 σ |
Expensive
|
| Last 3Y | 9.15 | 1.13 | [6.89 · 8.02 , 10.29 · 11.42] |
|
+1.66 σ |
Overvalued
|
| Last 4Y | 10.33 | 2.01 | [6.32 · 8.33 , 12.34 · 14.34] |
|
+0.35 σ |
Fair
|
| Last 5Y | 10.60 | 1.79 | [7.02 · 8.81 , 12.40 · 14.19] |
|
+0.24 σ |
Fair
|
| Last 6Y | 10.50 | 1.53 | [7.45 · 8.97 , 12.03 · 13.55] |
|
+0.35 σ |
Fair
|
| Last 7Y | 10.94 | 1.65 | [7.65 · 9.29 , 12.58 · 14.23] |
|
+0.06 σ |
Fair
|
| Last 8Y | 11.11 | 1.56 | [7.99 · 9.55 , 12.67 · 14.24] |
|
-0.05 σ |
Fair
|
| Last 9Y | 11.40 | 1.61 | [8.19 · 9.79 , 13.01 · 14.62] |
|
-0.23 σ |
Fair
|
| Last 10Y | 11.71 | 1.60 | [8.50 · 10.11 , 13.31 · 14.91] |
|
-0.42 σ |
Fair
|
| Last 11Y | 11.67 | 1.49 | [8.69 · 10.18 , 13.16 · 14.65] |
|
-0.43 σ |
Fair
|
| Last 12Y | 11.41 | 1.61 | [8.20 · 9.80 , 13.02 · 14.62] |
|
-0.23 σ |
Fair
|
| Last 13Y | 11.11 | 1.73 | [7.65 · 9.38 , 12.84 · 14.57] |
|
-0.04 σ |
Fair
|
| Last 14Y | 10.98 | 1.69 | [7.61 · 9.29 , 12.66 · 14.35] |
|
+0.04 σ |
Fair
|
| Last 15Y | 11.06 | 1.61 | [7.83 · 9.45 , 12.67 · 14.29] |
|
-0.01 σ |
Fair
|
| Last 16Y | 10.84 | 1.68 | [7.47 · 9.15 , 12.52 · 14.20] |
|
+0.12 σ |
Fair
|
| Last 17Y | 10.87 | 1.63 | [7.61 · 9.24 , 12.51 · 14.14] |
|
+0.10 σ |
Fair
|
| Last 18Y | 10.97 | 1.60 | [7.76 · 9.37 , 12.57 · 14.17] |
|
+0.04 σ |
Fair
|
| Last 19Y | 11.12 | 1.64 | [7.85 · 9.49 , 12.76 · 14.40] |
|
-0.05 σ |
Fair
|
| Last 20Y | 11.33 | 1.70 | [7.93 · 9.63 , 13.03 · 14.73] |
|
-0.17 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 | 11.04 |
|
+3.85 σ | +0.24 σ | -0.42 σ | -0.17 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 | ||
| Europe | 16.08 |
|
+6.13 σ | +2.14 σ | +2.98 σ | +2.66 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 | +16.92% | 17 May | |
| Short Term | Price vs SMA50 | +5.50% | 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.