11.68
Last update: 03 May 2024
The estimated P/E Ratio for Singapore Stock Market is 11.68, calculated on 03 May 2024.
Considering the last 5 years, an average P/E interval is [12.00 , 14.40]. For this reason, the current P/E can be considered Undervalued
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.
03 May 2024 · P/E Ratio: 11.68
03 May 2024 · P/E Ratio: 11.68 ·
1Y Average: 10.90 ·
1 Std Dev range: [10.47 , 11.32] ·
2 Std Dev range: [10.05 , 11.74]
03 May 2024 · P/E Ratio: 11.68 ·
5Y Average: 13.20 ·
1 Std Dev range: [12.00 , 14.40] ·
2 Std Dev range: [10.80 , 15.60]
03 May 2024 · P/E Ratio: 11.68 ·
10Y Average: 13.01 ·
1 Std Dev range: [12.10 , 13.92] ·
2 Std Dev range: [11.19 , 14.83]
03 May 2024 · P/E Ratio: 11.68 ·
20Y Average: 13.32 ·
1 Std Dev range: [12.48 , 14.17] ·
2 Std Dev range: [11.64 , 15.01]
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".
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".
03 May 2024 · P/E Ratio: 11.68 · 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 ( 11.68 ) |
Deviation vs μ |
Valuation |
| Last 1Y | 10.90 | 0.42 | [10.05 · 10.47 , 11.32 · 11.74] |
|
+1.84 σ |
Overvalued
|
| Last 2Y | 12.15 | 1.32 | [9.52 · 10.84 , 13.47 · 14.79] |
|
-0.36 σ |
Fair
|
| Last 3Y | 12.99 | 1.46 | [10.07 · 11.53 , 14.45 · 15.91] |
|
-0.90 σ |
Fair
|
| Last 4Y | 13.39 | 1.30 | [10.79 · 12.09 , 14.68 · 15.98] |
|
-1.32 σ |
Undervalued
|
| Last 5Y | 13.20 | 1.20 | [10.80 · 12.00 , 14.40 · 15.60] |
|
-1.27 σ |
Undervalued
|
| Last 6Y | 12.96 | 1.10 | [10.75 · 11.86 , 14.06 · 15.16] |
|
-1.16 σ |
Undervalued
|
| Last 7Y | 13.13 | 1.03 | [11.06 · 12.09 , 14.16 · 15.19] |
|
-1.40 σ |
Undervalued
|
| Last 8Y | 13.06 | 0.95 | [11.17 · 12.11 , 14.01 · 14.96] |
|
-1.46 σ |
Undervalued
|
| Last 9Y | 12.91 | 0.98 | [10.95 · 11.93 , 13.89 · 14.87] |
|
-1.26 σ |
Undervalued
|
| Last 10Y | 13.01 | 0.91 | [11.20 · 12.10 , 13.92 · 14.83] |
|
-1.47 σ |
Undervalued
|
| Last 11Y | 13.05 | 0.85 | [11.34 · 12.19 , 13.90 · 14.75] |
|
-1.61 σ |
Undervalued
|
| Last 12Y | 13.06 | 0.82 | [11.41 · 12.23 , 13.88 · 14.70] |
|
-1.67 σ |
Undervalued
|
| Last 13Y | 13.02 | 0.80 | [11.42 · 12.22 , 13.82 · 14.62] |
|
-1.68 σ |
Undervalued
|
| Last 14Y | 13.08 | 0.79 | [11.50 · 12.29 , 13.87 · 14.65] |
|
-1.78 σ |
Undervalued
|
| Last 15Y | 13.22 | 0.83 | [11.56 · 12.39 , 14.05 · 14.88] |
|
-1.86 σ |
Undervalued
|
| Last 16Y | 13.12 | 0.87 | [11.37 · 12.25 , 13.99 · 14.86] |
|
-1.65 σ |
Undervalued
|
| Last 17Y | 13.20 | 0.89 | [11.42 · 12.31 , 14.09 · 14.98] |
|
-1.71 σ |
Undervalued
|
| Last 18Y | 13.27 | 0.90 | [11.46 · 12.36 , 14.17 · 15.08] |
|
-1.76 σ |
Undervalued
|
| Last 19Y | 13.32 | 0.88 | [11.55 · 12.43 , 14.20 · 15.08] |
|
-1.86 σ |
Undervalued
|
| Last 20Y | 13.32 | 0.84 | [11.64 · 12.48 , 14.17 · 15.01] |
|
-1.96 σ |
Undervalued
|
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 | 11.68 |
|
+1.84 σ | -1.27 σ | -1.47 σ | -1.96 σ | |
| All World | 20.50 |
|
+4.16 σ | +2.37 σ | +3.77 σ | +4.38 σ | ||
| Developed ex-US | 15.04 |
|
+2.64 σ | +0.44 σ | +0.94 σ | +1.36 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 | +5.70% | 03 May | |
| Short Term | Price vs SMA50 | +5.07% | 03 May |
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.