The estimated P/E Ratio for Singapore Stock Market is 14.95, calculated on 21 February 2025.
Considering the last 5 years, an average P/E interval is [12.07 , 14.47]. For this reason, the current P/E can be considered Overvalued
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 ( 14.95 ) |
Deviation vs μ |
Valuation |
Last 1Y | 12.19 | 0.64 | [10.91 · 11.55 , 12.82 · 13.46] |
|
+4.34 σ |
Expensive
|
Last 2Y | 11.69 | 0.76 | [10.17 · 10.93 , 12.45 · 13.21] |
|
+4.28 σ |
Expensive
|
Last 3Y | 12.54 | 1.29 | [9.97 · 11.25 , 13.82 · 15.11] |
|
+1.88 σ |
Overvalued
|
Last 4Y | 13.02 | 1.24 | [10.54 · 11.78 , 14.26 · 15.50] |
|
+1.56 σ |
Overvalued
|
Last 5Y | 13.27 | 1.20 | [10.88 · 12.07 , 14.47 · 15.67] |
|
+1.40 σ |
Overvalued
|
Last 6Y | 13.05 | 1.06 | [10.93 · 11.99 , 14.11 · 15.18] |
|
+1.79 σ |
Overvalued
|
Last 7Y | 12.96 | 1.02 | [10.92 · 11.94 , 13.98 · 14.99] |
|
+1.96 σ |
Overvalued
|
Last 8Y | 13.09 | 0.96 | [11.16 · 12.12 , 14.05 · 15.01] |
|
+1.94 σ |
Overvalued
|
Last 9Y | 12.99 | 0.93 | [11.13 · 12.06 , 13.91 · 14.84] |
|
+2.12 σ |
Expensive
|
Last 10Y | 12.95 | 0.93 | [11.09 · 12.02 , 13.88 · 14.81] |
|
+2.15 σ |
Expensive
|
Last 11Y | 12.98 | 0.86 | [11.25 · 12.11 , 13.84 · 14.70] |
|
+2.29 σ |
Expensive
|
Last 12Y | 13.05 | 0.84 | [11.37 · 12.21 , 13.90 · 14.74] |
|
+2.26 σ |
Expensive
|
Last 13Y | 13.03 | 0.80 | [11.44 · 12.24 , 13.83 · 14.63] |
|
+2.41 σ |
Expensive
|
Last 14Y | 13.02 | 0.78 | [11.45 · 12.23 , 13.80 · 14.59] |
|
+2.47 σ |
Expensive
|
Last 15Y | 13.11 | 0.79 | [11.53 · 12.32 , 13.89 · 14.68] |
|
+2.35 σ |
Expensive
|
Last 16Y | 13.16 | 0.83 | [11.50 · 12.33 , 13.98 · 14.81] |
|
+2.17 σ |
Expensive
|
Last 17Y | 13.10 | 0.85 | [11.40 · 12.25 , 13.95 · 14.80] |
|
+2.18 σ |
Expensive
|
Last 18Y | 13.19 | 0.89 | [11.42 · 12.31 , 14.08 · 14.97] |
|
+1.98 σ |
Overvalued
|
Last 19Y | 13.26 | 0.90 | [11.47 · 12.36 , 14.16 · 15.06] |
|
+1.88 σ |
Overvalued
|
Last 20Y | 13.31 | 0.86 | [11.58 · 12.44 , 14.17 · 15.03] |
|
+1.91 σ |
Overvalued
|
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 | 14.95 |
|
+4.34 σ | +1.40 σ | +2.15 σ | +1.91 σ | |
All World | 21.23 |
|
+1.22 σ | +2.21 σ | +3.28 σ | +4.17 σ | ||
Developed ex-US | 17.36 |
|
+2.18 σ | +1.78 σ | +3.01 σ | +3.38 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 | +11.33% | 21 Feb | |
Short Term | Price vs SMA50 | +4.57% | 21 Feb |