Qatar Stock Market: current P/E Ratio

11.10
Last update: 03 May 2024

The estimated P/E Ratio for Qatar Stock Market is 11.10, calculated on 03 May 2024.

Considering the last 5 years, an average P/E interval is [12.57 , 15.88]. For this reason, the current P/E can be considered Undervalued

P/E Ratio is calculated on the QAT Etf, whose benchmark is the Qatar 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 Qatar 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: 11.10
03 May 2024 · P/E Ratio: 11.10 · 1Y Average: 11.32 · 1 Std Dev range: [10.94 , 11.70] · 2 Std Dev range: [10.56 , 12.08]
03 May 2024 · P/E Ratio: 11.10 · 5Y Average: 14.23 · 1 Std Dev range: [12.57 , 15.88] · 2 Std Dev range: [10.92 , 17.54]
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".
03 May 2024 · P/E Ratio: 11.10 · 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
( 11.10 )		 Deviation
vs μ		 Valuation
Last 1Y 11.32 0.38 [10.56 · 10.94 , 11.70 · 12.08]
-0.58 σ
Fair
Last 2Y 12.36 1.29 [9.78 · 11.07 , 13.66 · 14.95]
-0.98 σ
Fair
Last 3Y 13.78 2.10 [9.58 · 11.68 , 15.88 · 17.98]
-1.27 σ
Undervalued
Last 4Y 14.23 1.97 [10.28 · 12.26 , 16.20 · 18.18]
-1.59 σ
Undervalued
Last 5Y 14.23 1.66 [10.92 · 12.57 , 15.88 · 17.54]
-1.89 σ
Undervalued
Last 6Y 14.08 1.43 [11.22 · 12.65 , 15.51 · 16.94]
-2.08 σ
Cheap
Last 7Y 13.99 1.26 [11.47 · 12.73 , 15.25 · 16.52]
-2.29 σ
Cheap
Last 8Y 13.87 1.13 [11.60 · 12.74 , 15.00 · 16.13]
-2.44 σ
Cheap

P/E Comparison

How is the Qatar Stock Market P/E Ratio, compared to other global ratios?

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Deviation vs μ
Trend P/E 1Y 5Y 10Y 20Y
Qatar 11.10
-0.58 σ -1.89 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

Qatar Stock Market Trend

Trend is evaluated considering the price of the QAT Etf and its 200/50-day moving averages (SMA).

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Trend Indicator Valuation Margin
Long Term Price vs SMA200 -1.62% 03 May
Short Term Price vs SMA50 -1.95% 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.