Qatar Stock Market: current P/E Ratio

10.60
Last update: 20 November 2024

The estimated P/E Ratio for Qatar Stock Market is 10.60, calculated on 20 November 2024.

Considering the last 5 years, an average P/E interval is [11.94 , 15.86]. 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.

20 November 2024 · P/E Ratio: 10.60
20 November 2024 · P/E Ratio: 10.60 · 1Y Average: 10.75 · 1 Std Dev range: [10.35 , 11.16] · 2 Std Dev range: [9.94 , 11.56]
20 November 2024 · P/E Ratio: 10.60 · 5Y Average: 13.90 · 1 Std Dev range: [11.94 , 15.86] · 2 Std Dev range: [9.97 , 17.83]
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".
20 November 2024 · P/E Ratio: 10.60 · 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
( 10.60 )		 Deviation
vs μ		 Valuation
Last 1Y 10.75 0.41 [9.94 · 10.35 , 11.16 · 11.56]
-0.36 σ
Fair
Last 2Y 11.31 0.52 [10.26 · 10.79 , 11.83 · 12.35]
-1.35 σ
Undervalued
Last 3Y 12.53 1.67 [9.19 · 10.86 , 14.21 · 15.88]
-1.15 σ
Undervalued
Last 4Y 13.75 2.30 [9.16 · 11.46 , 16.05 · 18.34]
-1.37 σ
Undervalued
Last 5Y 13.90 1.96 [9.97 · 11.94 , 15.86 · 17.83]
-1.68 σ
Undervalued
Last 6Y 13.85 1.68 [10.49 · 12.17 , 15.53 · 17.21]
-1.93 σ
Undervalued
Last 7Y 13.76 1.49 [10.77 · 12.26 , 15.25 · 16.75]
-2.11 σ
Cheap
Last 8Y 13.74 1.29 [11.15 · 12.45 , 15.03 · 16.33]
-2.42 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 10.60
-0.36 σ -1.68 σ - -
All World 21.24
+1.65 σ +2.51 σ +3.63 σ +4.41 σ
Emerging Markets 14.18
+0.77 σ +0.36 σ +0.96 σ +1.29 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 +3.69% 20 Nov
Short Term Price vs SMA50 -0.42% 20 Nov
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.