10.69
Last update: 20 November 2024
The estimated P/E Ratio for Mexico Stock Market is 10.69, calculated on 20 November 2024.
Considering the last 5 years, an average P/E interval is [11.90 , 13.85]. For this reason, the current P/E can be considered Cheap
P/E Ratio is calculated on the EWW Etf, whose benchmark is the Mexico 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 Mexico 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: 10.69
20 November 2024 · P/E Ratio: 10.69 ·
1Y Average: 11.93 ·
1 Std Dev range: [11.53 , 12.34] ·
2 Std Dev range: [11.12 , 12.74]
20 November 2024 · P/E Ratio: 10.69 ·
5Y Average: 12.87 ·
1 Std Dev range: [11.90 , 13.85] ·
2 Std Dev range: [10.93 , 14.82]
20 November 2024 · P/E Ratio: 10.69 ·
10Y Average: 14.43 ·
1 Std Dev range: [12.60 , 16.27] ·
2 Std Dev range: [10.76 , 18.10]
20 November 2024 · P/E Ratio: 10.69 ·
20Y Average: 14.27 ·
1 Std Dev range: [12.54 , 15.99] ·
2 Std Dev range: [10.81 , 17.72]
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: 10.69 · 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 ( 10.69 ) |
Deviation vs μ |
Valuation |
| Last 1Y | 11.93 | 0.40 | [11.12 · 11.53 , 12.34 · 12.74] |
|
-3.09 σ |
Cheap
|
| Last 2Y | 11.88 | 0.61 | [10.66 · 11.27 , 12.48 · 13.09] |
|
-1.96 σ |
Undervalued
|
| Last 3Y | 12.09 | 0.60 | [10.90 · 11.49 , 12.68 · 13.28] |
|
-2.35 σ |
Cheap
|
| Last 4Y | 12.61 | 0.92 | [10.76 · 11.69 , 13.54 · 14.46] |
|
-2.08 σ |
Cheap
|
| Last 5Y | 12.87 | 0.97 | [10.93 · 11.90 , 13.85 · 14.82] |
|
-2.25 σ |
Cheap
|
| Last 6Y | 12.85 | 0.86 | [11.13 · 11.99 , 13.70 · 14.56] |
|
-2.52 σ |
Cheap
|
| Last 7Y | 13.16 | 1.02 | [11.12 · 12.14 , 14.18 · 15.20] |
|
-2.43 σ |
Cheap
|
| Last 8Y | 13.53 | 1.29 | [10.95 · 12.24 , 14.82 · 16.11] |
|
-2.21 σ |
Cheap
|
| Last 9Y | 13.96 | 1.59 | [10.79 · 12.37 , 15.54 · 17.13] |
|
-2.06 σ |
Cheap
|
| Last 10Y | 14.43 | 1.83 | [10.76 · 12.60 , 16.27 · 18.10] |
|
-2.04 σ |
Cheap
|
| Last 11Y | 14.75 | 1.95 | [10.86 · 12.80 , 16.69 · 18.64] |
|
-2.09 σ |
Cheap
|
| Last 12Y | 14.99 | 1.96 | [11.07 · 13.03 , 16.94 · 18.90] |
|
-2.20 σ |
Cheap
|
| Last 13Y | 15.02 | 1.86 | [11.31 · 13.17 , 16.88 · 18.74] |
|
-2.33 σ |
Cheap
|
| Last 14Y | 14.91 | 1.81 | [11.29 · 13.10 , 16.71 · 18.52] |
|
-2.34 σ |
Cheap
|
| Last 15Y | 14.84 | 1.76 | [11.32 · 13.08 , 16.60 · 18.36] |
|
-2.36 σ |
Cheap
|
| Last 16Y | 14.65 | 1.78 | [11.08 · 12.86 , 16.43 · 18.22] |
|
-2.22 σ |
Cheap
|
| Last 17Y | 14.46 | 1.83 | [10.79 · 12.62 , 16.29 · 18.13] |
|
-2.05 σ |
Cheap
|
| Last 18Y | 14.41 | 1.76 | [10.89 · 12.65 , 16.18 · 17.94] |
|
-2.11 σ |
Cheap
|
| Last 19Y | 14.35 | 1.73 | [10.90 · 12.63 , 16.08 · 17.80] |
|
-2.12 σ |
Cheap
|
| Last 20Y | 14.27 | 1.73 | [10.81 · 12.54 , 15.99 · 17.72] |
|
-2.07 σ |
Cheap
|
P/E Comparison
How is the Mexico 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 | |||
|
|
Mexico | 10.69 |
|
-3.09 σ | -2.25 σ | -2.04 σ | -2.07 σ | |
| All World | 21.24 |
|
+1.65 σ | +2.51 σ | +3.63 σ | +4.41 σ | ||
| Emerging Markets | 14.18 |
|
+0.77 σ | +0.36 σ | +0.96 σ | +1.29 σ | ||
Mexico Stock Market Trend
Trend is evaluated considering the price of the EWW Etf and its 200/50-day moving averages (SMA).
Swipe left to see all data
| Trend | Indicator | Valuation | Margin | |
|---|---|---|---|---|
| Long Term | Price vs SMA200 | -15.91% | 20 Nov | |
| Short Term | Price vs SMA50 | -5.44% | 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.