The estimated P/E Ratio for Singapore Stock Market is 11.87, calculated on 26 July 2024.
Considering the last 5 years, an average P/E interval is [11.98 , 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.
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 ( 11.87 ) |
Deviation vs μ |
Valuation |
Last 1Y | 11.04 | 0.37 | [10.29 · 10.66 , 11.41 · 11.78] |
|
+2.24 σ |
Expensive
|
Last 2Y | 11.86 | 0.96 | [9.93 · 10.90 , 12.83 · 13.79] |
|
+0.01 σ |
Fair
|
Last 3Y | 12.84 | 1.45 | [9.94 · 11.39 , 14.30 · 15.75] |
|
-0.67 σ |
Fair
|
Last 4Y | 13.27 | 1.32 | [10.64 · 11.96 , 14.59 · 15.91] |
|
-1.07 σ |
Undervalued
|
Last 5Y | 13.19 | 1.21 | [10.78 · 11.98 , 14.40 · 15.60] |
|
-1.10 σ |
Undervalued
|
Last 6Y | 12.91 | 1.12 | [10.68 · 11.80 , 14.03 · 15.14] |
|
-0.93 σ |
Fair
|
Last 7Y | 13.07 | 1.04 | [10.98 · 12.03 , 14.11 · 15.16] |
|
-1.15 σ |
Undervalued
|
Last 8Y | 13.06 | 0.95 | [11.16 · 12.11 , 14.01 · 14.96] |
|
-1.25 σ |
Undervalued
|
Last 9Y | 12.88 | 0.99 | [10.91 · 11.89 , 13.87 · 14.86] |
|
-1.02 σ |
Undervalued
|
Last 10Y | 12.97 | 0.91 | [11.15 · 12.06 , 13.89 · 14.80] |
|
-1.21 σ |
Undervalued
|
Last 11Y | 13.01 | 0.86 | [11.30 · 12.16 , 13.87 · 14.72] |
|
-1.34 σ |
Undervalued
|
Last 12Y | 13.05 | 0.83 | [11.40 · 12.22 , 13.88 · 14.71] |
|
-1.43 σ |
Undervalued
|
Last 13Y | 13.00 | 0.81 | [11.38 · 12.19 , 13.81 · 14.62] |
|
-1.40 σ |
Undervalued
|
Last 14Y | 13.07 | 0.80 | [11.47 · 12.27 , 13.86 · 14.66] |
|
-1.50 σ |
Undervalued
|
Last 15Y | 13.18 | 0.83 | [11.53 · 12.35 , 14.01 · 14.84] |
|
-1.59 σ |
Undervalued
|
Last 16Y | 13.10 | 0.88 | [11.34 · 12.22 , 13.98 · 14.85] |
|
-1.40 σ |
Undervalued
|
Last 17Y | 13.16 | 0.88 | [11.40 · 12.28 , 14.05 · 14.93] |
|
-1.47 σ |
Undervalued
|
Last 18Y | 13.25 | 0.91 | [11.42 · 12.34 , 14.16 · 15.07] |
|
-1.51 σ |
Undervalued
|
Last 19Y | 13.30 | 0.89 | [11.51 · 12.40 , 14.19 · 15.08] |
|
-1.60 σ |
Undervalued
|
Last 20Y | 13.31 | 0.85 | [11.61 · 12.46 , 14.16 · 15.01] |
|
-1.69 σ |
Undervalued
|
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 | 11.87 |
|
+2.24 σ | -1.10 σ | -1.21 σ | -1.69 σ | |
All World | 20.34 |
|
+2.49 σ | +2.12 σ | +3.43 σ | +4.13 σ | ||
Developed ex-US | 16.49 |
|
+3.85 σ | +1.53 σ | +2.61 σ | +2.67 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 | +5.48% | 26 Jul | |
Short Term | Price vs SMA50 | +0.04% | 26 Jul |