12.75
Last update: 03 May 2024
The estimated P/E Ratio for Mexico Stock Market is 12.75, calculated on 03 May 2024.
Considering the last 5 years, an average P/E interval is [12.05 , 13.89]. For this reason, the current P/E can be considered Fair
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.
03 May 2024 · P/E Ratio: 12.75
03 May 2024 · P/E Ratio: 12.75 ·
1Y Average: 11.62 ·
1 Std Dev range: [11.10 , 12.15] ·
2 Std Dev range: [10.58 , 12.67]
03 May 2024 · P/E Ratio: 12.75 ·
5Y Average: 12.97 ·
1 Std Dev range: [12.05 , 13.89] ·
2 Std Dev range: [11.14 , 14.80]
03 May 2024 · P/E Ratio: 12.75 ·
10Y Average: 14.79 ·
1 Std Dev range: [12.89 , 16.70] ·
2 Std Dev range: [10.98 , 18.60]
03 May 2024 · P/E Ratio: 12.75 ·
20Y Average: 14.26 ·
1 Std Dev range: [12.52 , 15.99] ·
2 Std Dev range: [10.78 , 17.73]
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".
03 May 2024 · P/E Ratio: 12.75 · Last Periods metrics
Show all periods
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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 ( 12.75 ) |
Deviation vs μ |
Valuation |
| Last 1Y | 11.62 | 0.52 | [10.58 · 11.10 , 12.15 · 12.67] |
|
+2.15 σ |
Expensive
|
| Last 2Y | 11.87 | 0.56 | [10.75 · 11.31 , 12.42 · 12.98] |
|
+1.59 σ |
Overvalued
|
| Last 3Y | 12.46 | 0.84 | [10.77 · 11.62 , 13.30 · 14.15] |
|
+0.34 σ |
Fair
|
| Last 4Y | 12.93 | 0.99 | [10.95 · 11.94 , 13.92 · 14.91] |
|
-0.18 σ |
Fair
|
| Last 5Y | 12.97 | 0.92 | [11.14 · 12.05 , 13.89 · 14.80] |
|
-0.24 σ |
Fair
|
| Last 6Y | 13.10 | 0.92 | [11.26 · 12.18 , 14.02 · 14.94] |
|
-0.38 σ |
Fair
|
| Last 7Y | 13.48 | 1.15 | [11.18 · 12.33 , 14.63 · 15.78] |
|
-0.63 σ |
Fair
|
| Last 8Y | 13.89 | 1.45 | [10.99 · 12.44 , 15.34 · 16.79] |
|
-0.79 σ |
Fair
|
| Last 9Y | 14.32 | 1.70 | [10.92 · 12.62 , 16.01 · 17.71] |
|
-0.92 σ |
Fair
|
| Last 10Y | 14.79 | 1.90 | [10.98 · 12.89 , 16.70 · 18.60] |
|
-1.07 σ |
Undervalued
|
| Last 11Y | 15.01 | 1.89 | [11.23 · 13.12 , 16.90 · 18.79] |
|
-1.19 σ |
Undervalued
|
| Last 12Y | 15.20 | 1.86 | [11.47 · 13.33 , 17.06 · 18.92] |
|
-1.31 σ |
Undervalued
|
| Last 13Y | 15.07 | 1.80 | [11.48 · 13.28 , 16.87 · 18.66] |
|
-1.29 σ |
Undervalued
|
| Last 14Y | 14.96 | 1.75 | [11.47 · 13.21 , 16.71 · 18.46] |
|
-1.27 σ |
Undervalued
|
| Last 15Y | 14.89 | 1.71 | [11.46 · 13.17 , 16.60 · 18.32] |
|
-1.25 σ |
Undervalued
|
| Last 16Y | 14.64 | 1.79 | [11.05 · 12.85 , 16.44 · 18.23] |
|
-1.05 σ |
Undervalued
|
| Last 17Y | 14.51 | 1.79 | [10.94 · 12.72 , 16.30 · 18.09] |
|
-0.99 σ |
Fair
|
| Last 18Y | 14.47 | 1.73 | [11.01 · 12.74 , 16.19 · 17.92] |
|
-0.99 σ |
Fair
|
| Last 19Y | 14.35 | 1.72 | [10.91 · 12.63 , 16.08 · 17.80] |
|
-0.93 σ |
Fair
|
| Last 20Y | 14.26 | 1.74 | [10.78 · 12.52 , 15.99 · 17.73] |
|
-0.87 σ |
Fair
|
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 | 12.75 |
|
+2.15 σ | -0.24 σ | -1.07 σ | -0.87 σ | |
| All World | 20.50 |
|
+4.16 σ | +2.37 σ | +3.77 σ | +4.38 σ | ||
| Emerging Markets | 14.10 |
|
+3.63 σ | +0.49 σ | +1.11 σ | +1.33 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 | +5.32% | 03 May | |
| Short Term | Price vs SMA50 | -0.18% | 03 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.