The estimated P/E Ratio for Qatar Stock Market is 10.91, calculated on 17 January 2025.
Considering the last 5 years, an average P/E interval is [11.72 , 15.84]. 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.
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".
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 ( 10.91 ) |
Deviation vs μ |
Valuation |
Last 1Y | 10.65 | 0.37 | [9.92 · 10.29 , 11.02 · 11.39] |
|
+0.71 σ |
Fair
|
Last 2Y | 11.15 | 0.47 | [10.21 · 10.68 , 11.62 · 12.09] |
|
-0.50 σ |
Fair
|
Last 3Y | 12.20 | 1.54 | [9.12 · 10.66 , 13.73 · 15.27] |
|
-0.83 σ |
Fair
|
Last 4Y | 13.48 | 2.34 | [8.81 · 11.15 , 15.82 · 18.16] |
|
-1.10 σ |
Undervalued
|
Last 5Y | 13.78 | 2.06 | [9.66 · 11.72 , 15.84 · 17.89] |
|
-1.39 σ |
Undervalued
|
Last 6Y | 13.72 | 1.76 | [10.21 · 11.97 , 15.48 · 17.23] |
|
-1.60 σ |
Undervalued
|
Last 7Y | 13.68 | 1.57 | [10.54 · 12.11 , 15.24 · 16.81] |
|
-1.76 σ |
Undervalued
|
Last 8Y | 13.67 | 1.36 | [10.95 · 12.31 , 15.04 · 16.40] |
|
-2.03 σ |
Cheap
|
P/E Comparison
How is the Qatar Stock Market P/E Ratio, compared to other global ratios?
Deviation vs μ | ||||||||
---|---|---|---|---|---|---|---|---|
Trend | P/E | 1Y | 5Y | 10Y | 20Y | |||
|
Qatar | 10.91 |
|
+0.71 σ | -1.39 σ | - | - | |
All World | 21.60 |
|
+1.63 σ | +2.57 σ | +3.64 σ | +4.47 σ | ||
Emerging Markets | 14.08 |
|
+0.43 σ | +0.30 σ | +0.84 σ | +1.19 σ |
Qatar Stock Market Trend
Trend is evaluated considering the price of the QAT Etf and its 200/50-day moving averages (SMA).
Trend | Indicator | Valuation | Margin | |
---|---|---|---|---|
Long Term | Price vs SMA200 | +1.01% | 17 Jan | |
Short Term | Price vs SMA50 | -1.44% | 17 Jan |