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.
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".
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?
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).
Trend | Indicator | Valuation | Margin | |
---|---|---|---|---|
Long Term | Price vs SMA200 | +15.06% | 20 Nov | |
Short Term | Price vs SMA50 | +3.80% | 20 Nov |