10.62
Last update: 26 July 2024
The estimated P/E Ratio for Italy Stock Market is 10.62, calculated on 26 July 2024.
Considering the last 5 years, an average P/E interval is [8.78 , 12.38]. 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.
26 July 2024 · P/E Ratio: 10.62
26 July 2024 · P/E Ratio: 10.62 ·
1Y Average: 9.28 ·
1 Std Dev range: [8.74 , 9.82] ·
2 Std Dev range: [8.20 , 10.36]
26 July 2024 · P/E Ratio: 10.62 ·
5Y Average: 10.58 ·
1 Std Dev range: [8.78 , 12.38] ·
2 Std Dev range: [6.98 , 14.18]
26 July 2024 · P/E Ratio: 10.62 ·
10Y Average: 11.64 ·
1 Std Dev range: [10.04 , 13.23] ·
2 Std Dev range: [8.45 , 14.83]
26 July 2024 · P/E Ratio: 10.62 ·
20Y Average: 11.29 ·
1 Std Dev range: [9.61 , 12.96] ·
2 Std Dev range: [7.94 , 14.63]
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: 10.62 · 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 ( 10.62 ) |
Deviation vs μ |
Valuation |
| Last 1Y | 9.28 | 0.54 | [8.20 · 8.74 , 9.82 · 10.36] |
|
+2.47 σ |
Expensive
|
| Last 2Y | 8.61 | 0.70 | [7.22 · 7.91 , 9.30 · 10.00] |
|
+2.90 σ |
Expensive
|
| Last 3Y | 9.05 | 0.96 | [7.12 · 8.09 , 10.01 · 10.98] |
|
+1.63 σ |
Overvalued
|
| Last 4Y | 10.15 | 1.85 | [6.45 · 8.30 , 12.00 · 13.85] |
|
+0.25 σ |
Fair
|
| Last 5Y | 10.58 | 1.80 | [6.98 · 8.78 , 12.38 · 14.18] |
|
+0.02 σ |
Fair
|
| Last 6Y | 10.46 | 1.52 | [7.42 · 8.94 , 11.98 · 13.51] |
|
+0.10 σ |
Fair
|
| Last 7Y | 10.86 | 1.62 | [7.62 · 9.24 , 12.48 · 14.09] |
|
-0.15 σ |
Fair
|
| Last 8Y | 11.05 | 1.55 | [7.94 · 9.50 , 12.61 · 14.16] |
|
-0.28 σ |
Fair
|
| Last 9Y | 11.32 | 1.57 | [8.17 · 9.74 , 12.89 · 14.47] |
|
-0.44 σ |
Fair
|
| Last 10Y | 11.64 | 1.59 | [8.45 · 10.04 , 13.23 · 14.83] |
|
-0.64 σ |
Fair
|
| Last 11Y | 11.67 | 1.49 | [8.69 · 10.18 , 13.16 · 14.66] |
|
-0.70 σ |
Fair
|
| Last 12Y | 11.44 | 1.56 | [8.32 · 9.88 , 13.01 · 14.57] |
|
-0.53 σ |
Fair
|
| Last 13Y | 11.13 | 1.72 | [7.70 · 9.41 , 12.84 · 14.56] |
|
-0.30 σ |
Fair
|
| Last 14Y | 10.99 | 1.68 | [7.62 · 9.30 , 12.67 · 14.35] |
|
-0.22 σ |
Fair
|
| Last 15Y | 11.06 | 1.61 | [7.83 · 9.44 , 12.67 · 14.29] |
|
-0.27 σ |
Fair
|
| Last 16Y | 10.85 | 1.68 | [7.50 · 9.17 , 12.53 · 14.20] |
|
-0.14 σ |
Fair
|
| Last 17Y | 10.84 | 1.62 | [7.60 · 9.22 , 12.46 · 14.09] |
|
-0.14 σ |
Fair
|
| Last 18Y | 10.94 | 1.60 | [7.75 · 9.34 , 12.54 · 14.13] |
|
-0.20 σ |
Fair
|
| Last 19Y | 11.09 | 1.62 | [7.84 · 9.47 , 12.71 · 14.33] |
|
-0.29 σ |
Fair
|
| Last 20Y | 11.29 | 1.67 | [7.94 · 9.61 , 12.96 · 14.63] |
|
-0.40 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 | 10.62 |
|
+2.47 σ | +0.02 σ | -0.64 σ | -0.40 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 | ||
| Europe | 15.38 |
|
+2.27 σ | +1.47 σ | +2.06 σ | +2.15 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 | +6.85% | 26 Jul | |
| Short Term | Price vs SMA50 | -0.11% | 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.