Singapore Stock Market: current P/E Ratio

12.61
Last update: 20 November 2024

The estimated P/E Ratio for Singapore Stock Market is 12.61, calculated on 20 November 2024.

Considering the last 5 years, an average P/E interval is [12.03 , 14.42]. For this reason, the current P/E can be considered Fair

P/E Ratio is calculated on the EWS Etf, whose benchmark is the Singapore 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 Singapore 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: 12.61
20 November 2024 · P/E Ratio: 12.61 · 1Y Average: 11.50 · 1 Std Dev range: [10.97 , 12.03] · 2 Std Dev range: [10.44 , 12.56]
20 November 2024 · P/E Ratio: 12.61 · 5Y Average: 13.23 · 1 Std Dev range: [12.03 , 14.42] · 2 Std Dev range: [10.84 , 15.61]
20 November 2024 · P/E Ratio: 12.61 · 10Y Average: 12.94 · 1 Std Dev range: [12.03 , 13.86] · 2 Std Dev range: [11.11 , 14.78]
20 November 2024 · P/E Ratio: 12.61 · 20Y Average: 13.30 · 1 Std Dev range: [12.44 , 14.16] · 2 Std Dev range: [11.59 , 15.02]
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: 12.61 · 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
( 12.61 )
Deviation
vs μ
Valuation
Last 1Y 11.50 0.53 [10.44 · 10.97 , 12.03 · 12.56]
+2.10 σ
Expensive
Last 2Y 11.72 0.79 [10.13 · 10.92 , 12.51 · 13.30]
+1.12 σ
Overvalued
Last 3Y 12.66 1.40 [9.86 · 11.26 , 14.06 · 15.46]
-0.04 σ
Fair
Last 4Y 13.10 1.29 [10.53 · 11.82 , 14.39 · 15.68]
-0.38 σ
Fair
Last 5Y 13.23 1.19 [10.84 · 12.03 , 14.42 · 15.61]
-0.52 σ
Fair
Last 6Y 12.96 1.10 [10.76 · 11.86 , 14.05 · 15.15]
-0.32 σ
Fair
Last 7Y 13.00 1.04 [10.92 · 11.96 , 14.03 · 15.07]
-0.38 σ
Fair
Last 8Y 13.07 0.95 [11.17 · 12.12 , 14.02 · 14.97]
-0.49 σ
Fair
Last 9Y 12.92 0.96 [11.01 · 11.96 , 13.87 · 14.83]
-0.33 σ
Fair
Last 10Y 12.94 0.92 [11.11 · 12.03 , 13.86 · 14.78]
-0.37 σ
Fair
Last 11Y 12.98 0.85 [11.27 · 12.13 , 13.83 · 14.69]
-0.44 σ
Fair
Last 12Y 13.05 0.83 [11.39 · 12.22 , 13.88 · 14.71]
-0.53 σ
Fair
Last 13Y 13.01 0.80 [11.41 · 12.21 , 13.81 · 14.60]
-0.50 σ
Fair
Last 14Y 13.04 0.80 [11.45 · 12.24 , 13.83 · 14.63]
-0.54 σ
Fair
Last 15Y 13.13 0.80 [11.52 · 12.33 , 13.93 · 14.73]
-0.65 σ
Fair
Last 16Y 13.12 0.86 [11.40 · 12.26 , 13.97 · 14.83]
-0.59 σ
Fair
Last 17Y 13.12 0.86 [11.39 · 12.25 , 13.98 · 14.84]
-0.59 σ
Fair
Last 18Y 13.22 0.91 [11.40 · 12.31 , 14.13 · 15.05]
-0.67 σ
Fair
Last 19Y 13.27 0.90 [11.48 · 12.37 , 14.16 · 15.06]
-0.74 σ
Fair
Last 20Y 13.30 0.86 [11.59 · 12.44 , 14.16 · 15.02]
-0.81 σ
Fair

P/E Comparison

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

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Deviation vs μ
Trend P/E 1Y 5Y 10Y 20Y
Singapore 12.61
+2.10 σ -0.52 σ -0.37 σ -0.81 σ
All World 21.24
+1.65 σ +2.51 σ +3.63 σ +4.41 σ
Developed ex-US 15.95
+0.98 σ +0.84 σ +1.69 σ +2.16 σ

Singapore Stock Market Trend

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

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Trend Indicator Valuation Margin
Long Term Price vs SMA200 +15.06% 20 Nov
Short Term Price vs SMA50 +3.80% 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.