12.15
Last update: 26 July 2024
The estimated P/E Ratio for Mexico Stock Market is 12.15, calculated on 26 July 2024.
Considering the last 5 years, an average P/E interval is [12.04 , 13.88]. 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.
26 July 2024 · P/E Ratio: 12.15
26 July 2024 · P/E Ratio: 12.15 ·
1Y Average: 11.85 ·
1 Std Dev range: [11.40 , 12.30] ·
2 Std Dev range: [10.95 , 12.75]
26 July 2024 · P/E Ratio: 12.15 ·
5Y Average: 12.96 ·
1 Std Dev range: [12.04 , 13.88] ·
2 Std Dev range: [11.12 , 14.80]
26 July 2024 · P/E Ratio: 12.15 ·
10Y Average: 14.67 ·
1 Std Dev range: [12.80 , 16.55] ·
2 Std Dev range: [10.93 , 18.42]
26 July 2024 · P/E Ratio: 12.15 ·
20Y Average: 14.26 ·
1 Std Dev range: [12.53 , 15.99] ·
2 Std Dev range: [10.80 , 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".
26 July 2024 · P/E Ratio: 12.15 · 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 ( 12.15 ) |
Deviation vs μ |
Valuation |
| Last 1Y | 11.85 | 0.45 | [10.95 · 11.40 , 12.30 · 12.75] |
|
+0.68 σ |
Fair
|
| Last 2Y | 11.89 | 0.57 | [10.75 · 11.32 , 12.46 · 13.04] |
|
+0.46 σ |
Fair
|
| Last 3Y | 12.34 | 0.71 | [10.93 · 11.63 , 13.04 · 13.75] |
|
-0.26 σ |
Fair
|
| Last 4Y | 12.83 | 0.94 | [10.95 · 11.89 , 13.77 · 14.71] |
|
-0.72 σ |
Fair
|
| Last 5Y | 12.96 | 0.92 | [11.12 · 12.04 , 13.88 · 14.80] |
|
-0.88 σ |
Fair
|
| Last 6Y | 13.02 | 0.88 | [11.26 · 12.14 , 13.90 · 14.78] |
|
-0.99 σ |
Fair
|
| Last 7Y | 13.38 | 1.09 | [11.20 · 12.29 , 14.47 · 15.56] |
|
-1.12 σ |
Undervalued
|
| Last 8Y | 13.78 | 1.39 | [11.00 · 12.39 , 15.17 · 16.56] |
|
-1.17 σ |
Undervalued
|
| Last 9Y | 14.20 | 1.65 | [10.90 · 12.55 , 15.85 · 17.50] |
|
-1.24 σ |
Undervalued
|
| Last 10Y | 14.67 | 1.87 | [10.93 · 12.80 , 16.55 · 18.42] |
|
-1.34 σ |
Undervalued
|
| Last 11Y | 14.94 | 1.92 | [11.11 · 13.02 , 16.85 · 18.77] |
|
-1.45 σ |
Undervalued
|
| Last 12Y | 15.14 | 1.89 | [11.36 · 13.25 , 17.03 · 18.92] |
|
-1.58 σ |
Undervalued
|
| Last 13Y | 15.06 | 1.81 | [11.45 · 13.25 , 16.87 · 18.68] |
|
-1.61 σ |
Undervalued
|
| Last 14Y | 14.96 | 1.76 | [11.44 · 13.20 , 16.71 · 18.47] |
|
-1.60 σ |
Undervalued
|
| Last 15Y | 14.89 | 1.71 | [11.48 · 13.19 , 16.60 · 18.31] |
|
-1.60 σ |
Undervalued
|
| Last 16Y | 14.64 | 1.80 | [11.04 · 12.84 , 16.44 · 18.23] |
|
-1.38 σ |
Undervalued
|
| Last 17Y | 14.48 | 1.80 | [10.88 · 12.68 , 16.29 · 18.09] |
|
-1.29 σ |
Undervalued
|
| Last 18Y | 14.46 | 1.73 | [11.01 · 12.74 , 16.19 · 17.92] |
|
-1.34 σ |
Undervalued
|
| Last 19Y | 14.36 | 1.72 | [10.92 · 12.64 , 16.08 · 17.79] |
|
-1.28 σ |
Undervalued
|
| Last 20Y | 14.26 | 1.73 | [10.80 · 12.53 , 15.99 · 17.73] |
|
-1.22 σ |
Undervalued
|
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 | 12.15 |
|
+0.68 σ | -0.88 σ | -1.34 σ | -1.22 σ | |
| All World | 20.34 |
|
+2.49 σ | +2.12 σ | +3.43 σ | +4.13 σ | ||
| Emerging Markets | 13.91 |
|
+1.88 σ | +0.33 σ | +0.85 σ | +1.14 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 | -10.76% | 26 Jul | |
| Short Term | Price vs SMA50 | -5.83% | 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.