11.04
Last update: 17 January 2025
The estimated P/E Ratio for Spain Stock Market is 11.04, calculated on 17 January 2025.
Considering the last 5 years, an average P/E interval is [9.79 , 13.27]. For this reason, the current P/E can be considered Fair
P/E Ratio is calculated on the EWP Etf, whose benchmark is the Spain 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 Spain 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: 11.04
17 January 2025 · P/E Ratio: 11.04 ·
1Y Average: 9.96 ·
1 Std Dev range: [9.75 , 10.18] ·
2 Std Dev range: [9.53 , 10.40]
17 January 2025 · P/E Ratio: 11.04 ·
5Y Average: 11.53 ·
1 Std Dev range: [9.79 , 13.27] ·
2 Std Dev range: [8.06 , 15.01]
17 January 2025 · P/E Ratio: 11.04 ·
10Y Average: 12.01 ·
1 Std Dev range: [10.63 , 13.39] ·
2 Std Dev range: [9.25 , 14.77]
17 January 2025 · P/E Ratio: 11.04 ·
20Y Average: 11.58 ·
1 Std Dev range: [10.07 , 13.09] ·
2 Std Dev range: [8.57 , 14.60]
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: 11.04 · 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 ( 11.04 ) |
Deviation vs μ |
Valuation |
| Last 1Y | 9.96 | 0.22 | [9.53 · 9.75 , 10.18 · 10.40] |
|
+4.97 σ |
Expensive
|
| Last 2Y | 10.25 | 0.37 | [9.50 · 9.87 , 10.62 · 10.99] |
|
+2.13 σ |
Expensive
|
| Last 3Y | 10.24 | 0.43 | [9.38 · 9.81 , 10.67 · 11.10] |
|
+1.87 σ |
Overvalued
|
| Last 4Y | 10.84 | 1.11 | [8.62 · 9.73 , 11.95 · 13.06] |
|
+0.18 σ |
Fair
|
| Last 5Y | 11.53 | 1.74 | [8.06 · 9.79 , 13.27 · 15.01] |
|
-0.28 σ |
Fair
|
| Last 6Y | 11.37 | 1.45 | [8.48 · 9.93 , 12.82 · 14.27] |
|
-0.23 σ |
Fair
|
| Last 7Y | 11.36 | 1.28 | [8.80 · 10.08 , 12.64 · 13.93] |
|
-0.25 σ |
Fair
|
| Last 8Y | 11.62 | 1.31 | [8.99 · 10.30 , 12.93 · 14.24] |
|
-0.44 σ |
Fair
|
| Last 9Y | 11.70 | 1.23 | [9.24 · 10.47 , 12.92 · 14.15] |
|
-0.53 σ |
Fair
|
| Last 10Y | 12.01 | 1.38 | [9.25 · 10.63 , 13.39 · 14.77] |
|
-0.71 σ |
Fair
|
| Last 11Y | 12.24 | 1.46 | [9.33 · 10.78 , 13.70 · 15.15] |
|
-0.82 σ |
Fair
|
| Last 12Y | 12.20 | 1.43 | [9.33 · 10.76 , 13.63 · 15.06] |
|
-0.81 σ |
Fair
|
| Last 13Y | 11.96 | 1.47 | [9.03 · 10.50 , 13.43 · 14.89] |
|
-0.63 σ |
Fair
|
| Last 14Y | 11.73 | 1.56 | [8.61 · 10.17 , 13.28 · 14.84] |
|
-0.44 σ |
Fair
|
| Last 15Y | 11.57 | 1.61 | [8.34 · 9.95 , 13.18 · 14.80] |
|
-0.33 σ |
Fair
|
| Last 16Y | 11.43 | 1.58 | [8.27 · 9.85 , 13.01 · 14.59] |
|
-0.25 σ |
Fair
|
| Last 17Y | 11.29 | 1.59 | [8.11 · 9.70 , 12.88 · 14.47] |
|
-0.16 σ |
Fair
|
| Last 18Y | 11.36 | 1.55 | [8.27 · 9.82 , 12.91 · 14.46] |
|
-0.21 σ |
Fair
|
| Last 19Y | 11.45 | 1.52 | [8.41 · 9.93 , 12.98 · 14.50] |
|
-0.27 σ |
Fair
|
| Last 20Y | 11.58 | 1.51 | [8.57 · 10.07 , 13.09 · 14.60] |
|
-0.36 σ |
Fair
|
P/E Comparison
How is the Spain 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 | |||
|
|
Spain | 11.04 |
|
+4.97 σ | -0.28 σ | -0.71 σ | -0.36 σ | |
| All World | 21.60 |
|
+1.63 σ | +2.57 σ | +3.64 σ | +4.47 σ | ||
| Developed ex-US | 16.40 |
|
+1.32 σ | +1.13 σ | +2.10 σ | +2.54 σ | ||
Spain Stock Market Trend
Trend is evaluated considering the price of the EWP Etf and its 200/50-day moving averages (SMA).
Swipe left to see all data
| Trend | Indicator | Valuation | Margin | |
|---|---|---|---|---|
| Long Term | Price vs SMA200 | -2.97% | 17 Jan | |
| Short Term | Price vs SMA50 | -1.45% | 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.