Qatar Stock Market: current P/E Ratio

10.99
Last update: 22 April 2024

The estimated P/E Ratio for Qatar Stock Market is 10.99, calculated on 22 April 2024.

Considering the last 5 years, an average P/E interval is [12.65 , 15.88]. 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.

22 April 2024 · P/E Ratio: 10.99
22 April 2024 · P/E Ratio: 10.99 · 1Y Average: 11.36 · 1 Std Dev range: [10.99 , 11.73] · 2 Std Dev range: [10.62 , 12.10]
22 April 2024 · P/E Ratio: 10.99 · 5Y Average: 14.27 · 1 Std Dev range: [12.65 , 15.88] · 2 Std Dev range: [11.04 , 17.49]
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".
22 April 2024 · P/E Ratio: 10.99 · 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
( 10.99 )
Deviation
vs μ
Valuation
Last 1Y 11.36 0.37 [10.62 · 10.99 , 11.73 · 12.10]
-1.01 σ
Undervalued
Last 2Y 12.59 1.42 [9.76 · 11.17 , 14.01 · 15.43]
-1.13 σ
Undervalued
Last 3Y 13.99 2.12 [9.76 · 11.87 , 16.10 · 18.22]
-1.42 σ
Undervalued
Last 4Y 14.30 1.91 [10.49 · 12.39 , 16.21 · 18.11]
-1.74 σ
Undervalued
Last 5Y 14.27 1.61 [11.04 · 12.65 , 15.88 · 17.49]
-2.04 σ
Cheap
Last 6Y 14.10 1.40 [11.29 · 12.70 , 15.50 · 16.91]
-2.22 σ
Cheap
Last 7Y 14.03 1.23 [11.58 · 12.80 , 15.25 · 16.48]
-2.48 σ
Cheap
Last 8Y 13.88 1.12 [11.64 · 12.76 , 14.99 · 16.11]
-2.59 σ
Cheap

P/E Comparison

How is the Qatar 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
Qatar 10.99
-1.01 σ -2.04 σ - -
All World 19.96
+3.91 σ +2.09 σ +3.44 σ +4.04 σ
Emerging Markets 13.32
+2.01 σ -0.04 σ +0.27 σ +0.64 σ

Qatar Stock Market Trend

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

Swipe left to see all data
Trend Indicator Valuation Margin
Long Term Price vs SMA200 -2.80% 22 Apr
Short Term Price vs SMA50 -3.23% 22 Apr
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.