12.76
Last update: 17 January 2025
The estimated P/E Ratio for South Africa Stock Market is 12.76, calculated on 17 January 2025.
Considering the last 5 years, an average P/E interval is [9.15 , 10.97]. For this reason, the current P/E can be considered Expensive
P/E Ratio is calculated on the EZA Etf, whose benchmark is the South Africa 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 South Africa 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: 12.76
17 January 2025 · P/E Ratio: 12.76 ·
1Y Average: 11.60 ·
1 Std Dev range: [10.43 , 12.78] ·
2 Std Dev range: [9.25 , 13.95]
17 January 2025 · P/E Ratio: 12.76 ·
5Y Average: 10.06 ·
1 Std Dev range: [9.15 , 10.97] ·
2 Std Dev range: [8.24 , 11.88]
17 January 2025 · P/E Ratio: 12.76 ·
10Y Average: 12.31 ·
1 Std Dev range: [10.25 , 14.37] ·
2 Std Dev range: [8.19 , 16.43]
17 January 2025 · P/E Ratio: 12.76 ·
20Y Average: 11.70 ·
1 Std Dev range: [10.11 , 13.28] ·
2 Std Dev range: [8.53 , 14.87]
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".
17 January 2025 · P/E Ratio: 12.76 · 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 ( 12.76 ) |
Deviation vs μ |
Valuation |
| Last 1Y | 11.60 | 1.18 | [9.25 · 10.43 , 12.78 · 13.95] |
|
+0.98 σ |
Fair
|
| Last 2Y | 10.54 | 1.01 | [8.51 · 9.52 , 11.55 · 12.57] |
|
+2.19 σ |
Expensive
|
| Last 3Y | 9.70 | 1.00 | [7.69 · 8.69 , 10.70 · 11.71] |
|
+3.05 σ |
Expensive
|
| Last 4Y | 9.79 | 0.89 | [8.02 · 8.90 , 10.68 · 11.57] |
|
+3.34 σ |
Expensive
|
| Last 5Y | 10.06 | 0.91 | [8.24 · 9.15 , 10.97 · 11.88] |
|
+2.96 σ |
Expensive
|
| Last 6Y | 10.48 | 1.19 | [8.11 · 9.29 , 11.67 · 12.86] |
|
+1.92 σ |
Overvalued
|
| Last 7Y | 10.95 | 1.48 | [7.99 · 9.47 , 12.44 · 13.92] |
|
+1.22 σ |
Overvalued
|
| Last 8Y | 11.46 | 1.83 | [7.80 · 9.63 , 13.29 · 15.12] |
|
+0.71 σ |
Fair
|
| Last 9Y | 11.85 | 1.94 | [7.98 · 9.91 , 13.79 · 15.72] |
|
+0.47 σ |
Fair
|
| Last 10Y | 12.31 | 2.06 | [8.19 · 10.25 , 14.37 · 16.43] |
|
+0.22 σ |
Fair
|
| Last 11Y | 12.49 | 1.99 | [8.50 · 10.50 , 14.48 · 16.48] |
|
+0.14 σ |
Fair
|
| Last 12Y | 12.54 | 1.88 | [8.78 · 10.66 , 14.43 · 16.31] |
|
+0.11 σ |
Fair
|
| Last 13Y | 12.38 | 1.82 | [8.74 · 10.56 , 14.20 · 16.02] |
|
+0.21 σ |
Fair
|
| Last 14Y | 12.21 | 1.80 | [8.61 · 10.41 , 14.01 · 15.82] |
|
+0.30 σ |
Fair
|
| Last 15Y | 12.16 | 1.74 | [8.68 · 10.42 , 13.90 · 15.64] |
|
+0.34 σ |
Fair
|
| Last 16Y | 12.01 | 1.72 | [8.56 · 10.28 , 13.73 · 15.45] |
|
+0.44 σ |
Fair
|
| Last 17Y | 11.82 | 1.77 | [8.29 · 10.06 , 13.59 · 15.36] |
|
+0.53 σ |
Fair
|
| Last 18Y | 11.79 | 1.67 | [8.44 · 10.12 , 13.47 · 15.14] |
|
+0.58 σ |
Fair
|
| Last 19Y | 11.75 | 1.62 | [8.52 · 10.13 , 13.37 · 14.98] |
|
+0.63 σ |
Fair
|
| Last 20Y | 11.70 | 1.59 | [8.53 · 10.11 , 13.28 · 14.87] |
|
+0.67 σ |
Fair
|
P/E Comparison
How is the South Africa 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 | |||
|
|
South Africa | 12.76 |
|
+0.98 σ | +2.96 σ | +0.22 σ | +0.67 σ | |
| All World | 21.60 |
|
+1.63 σ | +2.57 σ | +3.64 σ | +4.47 σ | ||
| Emerging Markets | 14.08 |
|
+0.43 σ | +0.30 σ | +0.84 σ | +1.19 σ | ||
South Africa Stock Market Trend
Trend is evaluated considering the price of the EZA Etf and its 200/50-day moving averages (SMA).
Swipe left to see all data
| Trend | Indicator | Valuation | Margin | |
|---|---|---|---|---|
| Long Term | Price vs SMA200 | -4.95% | 17 Jan | |
| Short Term | Price vs SMA50 | -6.78% | 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.