Singapore Stock Market: current P/E Ratio

14.02
Last update: 17 January 2025

The estimated P/E Ratio for Singapore Stock Market is 14.02, calculated on 17 January 2025.

Considering the last 5 years, an average P/E interval is [12.05 , 14.43]. 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.

17 January 2025 · P/E Ratio: 14.02
17 January 2025 · P/E Ratio: 14.02 · 1Y Average: 11.94 · 1 Std Dev range: [11.34 , 12.54] · 2 Std Dev range: [10.75 , 13.14]
17 January 2025 · P/E Ratio: 14.02 · 5Y Average: 13.24 · 1 Std Dev range: [12.05 , 14.43] · 2 Std Dev range: [10.86 , 15.61]
17 January 2025 · P/E Ratio: 14.02 · 10Y Average: 12.94 · 1 Std Dev range: [12.02 , 13.85] · 2 Std Dev range: [11.10 , 14.77]
17 January 2025 · P/E Ratio: 14.02 · 20Y Average: 13.30 · 1 Std Dev range: [12.44 , 14.16] · 2 Std Dev range: [11.58 , 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".
17 January 2025 · P/E Ratio: 14.02 · 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
( 14.02 )		 Deviation
vs μ		 Valuation
Last 1Y 11.94 0.60 [10.75 · 11.34 , 12.54 · 13.14]
+3.46 σ
Expensive
Last 2Y 11.68 0.74 [10.20 · 10.94 , 12.43 · 13.17]
+3.13 σ
Expensive
Last 3Y 12.57 1.34 [9.89 · 11.23 , 13.91 · 15.25]
+1.08 σ
Overvalued
Last 4Y 13.04 1.26 [10.52 · 11.78 , 14.29 · 15.55]
+0.78 σ
Fair
Last 5Y 13.24 1.19 [10.86 · 12.05 , 14.43 · 15.61]
+0.66 σ
Fair
Last 6Y 13.01 1.06 [10.88 · 11.94 , 14.07 · 15.13]
+0.95 σ
Fair
Last 7Y 12.96 1.02 [10.92 · 11.94 , 13.98 · 15.00]
+1.04 σ
Overvalued
Last 8Y 13.07 0.95 [11.17 · 12.12 , 14.02 · 14.97]
+0.99 σ
Fair
Last 9Y 12.95 0.94 [11.08 · 12.01 , 13.88 · 14.82]
+1.14 σ
Overvalued
Last 10Y 12.94 0.92 [11.10 · 12.02 , 13.85 · 14.77]
+1.18 σ
Overvalued
Last 11Y 12.97 0.85 [11.26 · 12.12 , 13.82 · 14.67]
+1.23 σ
Overvalued
Last 12Y 13.04 0.83 [11.38 · 12.21 , 13.88 · 14.71]
+1.17 σ
Overvalued
Last 13Y 13.02 0.79 [11.45 · 12.23 , 13.81 · 14.60]
+1.26 σ
Overvalued
Last 14Y 13.02 0.78 [11.45 · 12.23 , 13.80 · 14.59]
+1.28 σ
Overvalued
Last 15Y 13.11 0.79 [11.53 · 12.32 , 13.89 · 14.68]
+1.16 σ
Overvalued
Last 16Y 13.14 0.84 [11.47 · 12.30 , 13.97 · 14.81]
+1.06 σ
Overvalued
Last 17Y 13.10 0.85 [11.40 · 12.25 , 13.95 · 14.80]
+1.08 σ
Overvalued
Last 18Y 13.20 0.89 [11.41 · 12.30 , 14.09 · 14.99]
+0.92 σ
Fair
Last 19Y 13.26 0.90 [11.47 · 12.36 , 14.16 · 15.05]
+0.85 σ
Fair
Last 20Y 13.30 0.86 [11.58 · 12.44 , 14.16 · 15.02]
+0.84 σ
Fair

P/E Comparison

How is the Singapore 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
Singapore 14.02
+3.46 σ +0.66 σ +1.18 σ +0.84 σ
All World 21.60
+1.63 σ +2.57 σ +3.64 σ +4.47 σ
Developed ex-US 16.40
+1.32 σ +1.13 σ +2.10 σ +2.54 σ

Singapore Stock Market Trend

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

Swipe left to see all data
Trend Indicator Valuation Margin
Long Term Price vs SMA200 +6.74% 17 Jan
Short Term Price vs SMA50 -1.35% 17 Jan
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.