13.11
Last update: 21 February 2025
The estimated P/E Ratio for South Africa Stock Market is 13.11, calculated on 21 February 2025.
Considering the last 5 years, an average P/E interval is [9.15 , 10.98]. 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.
21 February 2025 · P/E Ratio: 13.11
21 February 2025 · P/E Ratio: 13.11 ·
1Y Average: 11.88 ·
1 Std Dev range: [10.68 , 13.08] ·
2 Std Dev range: [9.48 , 14.28]
21 February 2025 · P/E Ratio: 13.11 ·
5Y Average: 10.06 ·
1 Std Dev range: [9.15 , 10.98] ·
2 Std Dev range: [8.23 , 11.90]
21 February 2025 · P/E Ratio: 13.11 ·
10Y Average: 12.29 ·
1 Std Dev range: [10.25 , 14.33] ·
2 Std Dev range: [8.21 , 16.36]
21 February 2025 · P/E Ratio: 13.11 ·
20Y Average: 11.71 ·
1 Std Dev range: [10.13 , 13.30] ·
2 Std Dev range: [8.54 , 14.88]
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".
21 February 2025 · P/E Ratio: 13.11 · 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 ( 13.11 ) |
Deviation vs μ |
Valuation |
| Last 1Y | 11.88 | 1.20 | [9.48 · 10.68 , 13.08 · 14.28] |
|
+1.03 σ |
Overvalued
|
| Last 2Y | 10.74 | 1.11 | [8.51 · 9.62 , 11.85 · 12.97] |
|
+2.13 σ |
Expensive
|
| Last 3Y | 9.77 | 1.07 | [7.63 · 8.70 , 10.84 · 11.91] |
|
+3.13 σ |
Expensive
|
| Last 4Y | 9.80 | 0.91 | [7.99 · 8.90 , 10.71 · 11.62] |
|
+3.65 σ |
Expensive
|
| Last 5Y | 10.06 | 0.92 | [8.23 · 9.15 , 10.98 · 11.90] |
|
+3.33 σ |
Expensive
|
| Last 6Y | 10.48 | 1.19 | [8.10 · 9.29 , 11.67 · 12.87] |
|
+2.21 σ |
Expensive
|
| Last 7Y | 10.94 | 1.45 | [8.03 · 9.48 , 12.39 · 13.85] |
|
+1.50 σ |
Overvalued
|
| Last 8Y | 11.44 | 1.81 | [7.83 · 9.64 , 13.25 · 15.06] |
|
+0.92 σ |
Fair
|
| Last 9Y | 11.85 | 1.93 | [7.98 · 9.91 , 13.78 · 15.72] |
|
+0.65 σ |
Fair
|
| Last 10Y | 12.29 | 2.04 | [8.21 · 10.25 , 14.33 · 16.36] |
|
+0.41 σ |
Fair
|
| Last 11Y | 12.49 | 1.99 | [8.50 · 10.50 , 14.48 · 16.47] |
|
+0.31 σ |
Fair
|
| Last 12Y | 12.55 | 1.88 | [8.78 · 10.67 , 14.44 · 16.32] |
|
+0.30 σ |
Fair
|
| Last 13Y | 12.40 | 1.81 | [8.78 · 10.59 , 14.21 · 16.02] |
|
+0.39 σ |
Fair
|
| Last 14Y | 12.22 | 1.80 | [8.62 · 10.42 , 14.03 · 15.83] |
|
+0.49 σ |
Fair
|
| Last 15Y | 12.18 | 1.74 | [8.70 · 10.44 , 13.91 · 15.65] |
|
+0.54 σ |
Fair
|
| Last 16Y | 12.03 | 1.71 | [8.61 · 10.32 , 13.74 · 15.45] |
|
+0.63 σ |
Fair
|
| Last 17Y | 11.84 | 1.76 | [8.32 · 10.08 , 13.61 · 15.37] |
|
+0.72 σ |
Fair
|
| Last 18Y | 11.80 | 1.68 | [8.44 · 10.12 , 13.48 · 15.15] |
|
+0.78 σ |
Fair
|
| Last 19Y | 11.76 | 1.62 | [8.52 · 10.14 , 13.38 · 15.00] |
|
+0.84 σ |
Fair
|
| Last 20Y | 11.71 | 1.58 | [8.54 · 10.13 , 13.30 · 14.88] |
|
+0.89 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 | 13.11 |
|
+1.03 σ | +3.33 σ | +0.41 σ | +0.89 σ | |
| All World | 21.23 |
|
+1.22 σ | +2.21 σ | +3.28 σ | +4.17 σ | ||
| Emerging Markets | 14.58 |
|
+1.39 σ | +0.61 σ | +1.35 σ | +1.62 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 | +2.41% | 21 Feb | |
| Short Term | Price vs SMA50 | +4.89% | 21 Feb |
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.