Qatar Stock Market: current P/E Ratio

9.74
Last update: 26 July 2024

The estimated P/E Ratio for Qatar Stock Market is 9.74, calculated on 26 July 2024.

Considering the last 5 years, an average P/E interval is [12.35 , 15.89]. For this reason, the current P/E can be considered Cheap

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.

26 July 2024 · P/E Ratio: 9.74
26 July 2024 · P/E Ratio: 9.74 · 1Y Average: 11.16 · 1 Std Dev range: [10.63 , 11.69] · 2 Std Dev range: [10.10 , 12.22]
26 July 2024 · P/E Ratio: 9.74 · 5Y Average: 14.12 · 1 Std Dev range: [12.35 , 15.89] · 2 Std Dev range: [10.58 , 17.66]
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".
26 July 2024 · P/E Ratio: 9.74 · 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
( 9.74 )		 Deviation
vs μ		 Valuation
Last 1Y 11.16 0.53 [10.10 · 10.63 , 11.69 · 12.22]
-2.67 σ
Cheap
Last 2Y 11.95 1.09 [9.78 · 10.87 , 13.04 · 14.13]
-2.04 σ
Cheap
Last 3Y 13.35 2.02 [9.30 · 11.32 , 15.37 · 17.39]
-1.78 σ
Undervalued
Last 4Y 14.09 2.10 [9.89 · 11.99 , 16.19 · 18.29]
-2.07 σ
Cheap
Last 5Y 14.12 1.77 [10.58 · 12.35 , 15.89 · 17.66]
-2.48 σ
Cheap
Last 6Y 14.02 1.51 [11.01 · 12.52 , 15.53 · 17.04]
-2.84 σ
Cheap
Last 7Y 13.92 1.33 [11.25 · 12.59 , 15.25 · 16.59]
-3.13 σ
Cheap
Last 8Y 13.85 1.16 [11.52 · 12.69 , 15.01 · 16.18]
-3.53 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 9.74
-2.67 σ -2.48 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

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 +0.01% 26 Jul
Short Term Price vs SMA50 +2.06% 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.