11.25
Last update: 21 February 2025
The estimated P/E Ratio for Norway Stock Market is 11.25, calculated on 21 February 2025.
Considering the last 5 years, an average P/E interval is [8.75 , 13.90]. For this reason, the current P/E can be considered Fair
P/E Ratio is calculated on the NORW Etf, whose benchmark is the Norway 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 Norway Stock Market P/E Ratio has changed over time. Furthermore, for some trailing timeframes, you can view the average P/E and standard deviation.
21 February 2025 · P/E Ratio: 11.25
21 February 2025 · P/E Ratio: 11.25 ·
1Y Average: 10.50 ·
1 Std Dev range: [9.63 , 11.38] ·
2 Std Dev range: [8.75 , 12.25]
21 February 2025 · P/E Ratio: 11.25 ·
5Y Average: 11.32 ·
1 Std Dev range: [8.75 , 13.90] ·
2 Std Dev range: [6.18 , 16.47]
21 February 2025 · P/E Ratio: 11.25 ·
10Y Average: 12.55 ·
1 Std Dev range: [10.76 , 14.33] ·
2 Std Dev range: [8.97 , 16.12]
21 February 2025 · P/E Ratio: 11.25 ·
20Y Average: 11.55 ·
1 Std Dev range: [9.97 , 13.12] ·
2 Std Dev range: [8.40 , 14.70]
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".
21 February 2025 · P/E Ratio: 11.25 · 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 ( 11.25 ) |
Deviation vs μ |
Valuation |
| Last 1Y | 10.50 | 0.87 | [8.75 · 9.63 , 11.38 · 12.25] |
|
+0.85 σ |
Fair
|
| Last 2Y | 9.10 | 1.44 | [6.22 · 7.66 , 10.55 · 11.99] |
|
+1.48 σ |
Overvalued
|
| Last 3Y | 9.01 | 1.21 | [6.59 · 7.80 , 10.22 · 11.43] |
|
+1.85 σ |
Overvalued
|
| Last 4Y | 10.01 | 1.79 | [6.44 · 8.22 , 11.79 · 13.58] |
|
+0.69 σ |
Fair
|
| Last 5Y | 11.32 | 2.57 | [6.18 · 8.75 , 13.90 · 16.47] |
|
-0.03 σ |
Fair
|
| Last 6Y | 11.60 | 2.28 | [7.04 · 9.32 , 13.87 · 16.15] |
|
-0.15 σ |
Fair
|
| Last 7Y | 11.87 | 2.11 | [7.65 · 9.76 , 13.98 · 16.09] |
|
-0.30 σ |
Fair
|
| Last 8Y | 12.19 | 2.04 | [8.11 · 10.15 , 14.23 · 16.27] |
|
-0.46 σ |
Fair
|
| Last 9Y | 12.49 | 1.98 | [8.54 · 10.51 , 14.47 · 16.44] |
|
-0.63 σ |
Fair
|
| Last 10Y | 12.55 | 1.79 | [8.97 · 10.76 , 14.33 · 16.12] |
|
-0.73 σ |
Fair
|
| Last 11Y | 12.40 | 1.67 | [9.05 · 10.73 , 14.07 · 15.75] |
|
-0.69 σ |
Fair
|
| Last 12Y | 12.22 | 1.65 | [8.92 · 10.57 , 13.87 · 15.52] |
|
-0.59 σ |
Fair
|
| Last 13Y | 11.97 | 1.69 | [8.59 · 10.28 , 13.67 · 15.36] |
|
-0.43 σ |
Fair
|
| Last 14Y | 11.76 | 1.74 | [8.29 · 10.03 , 13.50 · 15.23] |
|
-0.30 σ |
Fair
|
| Last 15Y | 11.65 | 1.72 | [8.21 · 9.93 , 13.37 · 15.09] |
|
-0.24 σ |
Fair
|
| Last 16Y | 11.53 | 1.68 | [8.16 · 9.84 , 13.21 · 14.89] |
|
-0.17 σ |
Fair
|
| Last 17Y | 11.37 | 1.72 | [7.92 · 9.65 , 13.10 · 14.82] |
|
-0.07 σ |
Fair
|
| Last 18Y | 11.45 | 1.68 | [8.10 · 9.78 , 13.13 · 14.81] |
|
-0.12 σ |
Fair
|
| Last 19Y | 11.45 | 1.61 | [8.23 · 9.84 , 13.07 · 14.68] |
|
-0.13 σ |
Fair
|
| Last 20Y | 11.55 | 1.58 | [8.40 · 9.97 , 13.12 · 14.70] |
|
-0.19 σ |
Fair
|
P/E Comparison
How is the Norway 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 | |||
|
|
Norway | 11.25 |
|
+0.85 σ | -0.03 σ | -0.73 σ | -0.19 σ | |
| All World | 21.23 |
|
+1.22 σ | +2.21 σ | +3.28 σ | +4.17 σ | ||
| Developed ex-US | 17.36 |
|
+2.18 σ | +1.78 σ | +3.01 σ | +3.38 σ | ||
Norway Stock Market Trend
Trend is evaluated considering the price of the NORW Etf and its 200/50-day moving averages (SMA).
Swipe left to see all data
| Trend | Indicator | Valuation | Margin | |
|---|---|---|---|---|
| Long Term | Price vs SMA200 | -0.71% | 21 Feb | |
| Short Term | Price vs SMA50 | +2.81% | 21 Feb |
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.