11.90
Last update: 21 February 2025
The estimated P/E Ratio for Spain Stock Market is 11.90, calculated on 21 February 2025.
Considering the last 5 years, an average P/E interval is [9.79 , 13.26]. 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.
21 February 2025 · P/E Ratio: 11.90
21 February 2025 · P/E Ratio: 11.90 ·
1Y Average: 10.03 ·
1 Std Dev range: [9.75 , 10.31] ·
2 Std Dev range: [9.48 , 10.59]
21 February 2025 · P/E Ratio: 11.90 ·
5Y Average: 11.52 ·
1 Std Dev range: [9.79 , 13.26] ·
2 Std Dev range: [8.05 , 15.00]
21 February 2025 · P/E Ratio: 11.90 ·
10Y Average: 11.98 ·
1 Std Dev range: [10.63 , 13.33] ·
2 Std Dev range: [9.27 , 14.69]
21 February 2025 · P/E Ratio: 11.90 ·
20Y Average: 11.57 ·
1 Std Dev range: [10.07 , 13.07] ·
2 Std Dev range: [8.57 , 14.57]
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: 11.90 · 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 ( 11.90 ) |
Deviation vs μ |
Valuation |
| Last 1Y | 10.03 | 0.28 | [9.48 · 9.75 , 10.31 · 10.59] |
|
+6.73 σ |
Expensive
|
| Last 2Y | 10.27 | 0.41 | [9.45 · 9.86 , 10.68 · 11.09] |
|
+3.96 σ |
Expensive
|
| Last 3Y | 10.24 | 0.43 | [9.38 · 9.81 , 10.67 · 11.10] |
|
+3.86 σ |
Expensive
|
| Last 4Y | 10.78 | 1.01 | [8.76 · 9.77 , 11.79 · 12.79] |
|
+1.11 σ |
Overvalued
|
| Last 5Y | 11.52 | 1.74 | [8.05 · 9.79 , 13.26 · 15.00] |
|
+0.21 σ |
Fair
|
| Last 6Y | 11.39 | 1.44 | [8.52 · 9.95 , 12.83 · 14.27] |
|
+0.35 σ |
Fair
|
| Last 7Y | 11.35 | 1.27 | [8.80 · 10.07 , 12.62 · 13.89] |
|
+0.43 σ |
Fair
|
| Last 8Y | 11.60 | 1.30 | [8.99 · 10.29 , 12.90 · 14.20] |
|
+0.23 σ |
Fair
|
| Last 9Y | 11.70 | 1.23 | [9.25 · 10.47 , 12.92 · 14.15] |
|
+0.16 σ |
Fair
|
| Last 10Y | 11.98 | 1.35 | [9.27 · 10.63 , 13.33 · 14.69] |
|
-0.06 σ |
Fair
|
| Last 11Y | 12.22 | 1.45 | [9.32 · 10.77 , 13.67 · 15.12] |
|
-0.22 σ |
Fair
|
| Last 12Y | 12.20 | 1.43 | [9.34 · 10.77 , 13.63 · 15.06] |
|
-0.21 σ |
Fair
|
| Last 13Y | 11.98 | 1.45 | [9.07 · 10.52 , 13.43 · 14.88] |
|
-0.06 σ |
Fair
|
| Last 14Y | 11.74 | 1.54 | [8.66 · 10.20 , 13.29 · 14.83] |
|
+0.10 σ |
Fair
|
| Last 15Y | 11.57 | 1.61 | [8.35 · 9.96 , 13.19 · 14.80] |
|
+0.20 σ |
Fair
|
| Last 16Y | 11.45 | 1.57 | [8.31 · 9.88 , 13.02 · 14.58] |
|
+0.29 σ |
Fair
|
| Last 17Y | 11.30 | 1.59 | [8.12 · 9.71 , 12.89 · 14.48] |
|
+0.38 σ |
Fair
|
| Last 18Y | 11.35 | 1.54 | [8.28 · 9.81 , 12.89 · 14.43] |
|
+0.35 σ |
Fair
|
| Last 19Y | 11.45 | 1.52 | [8.41 · 9.93 , 12.97 · 14.49] |
|
+0.30 σ |
Fair
|
| Last 20Y | 11.57 | 1.50 | [8.57 · 10.07 , 13.07 · 14.57] |
|
+0.22 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 | 11.90 |
|
+6.73 σ | +0.21 σ | -0.06 σ | +0.22 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 | ||
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 | +6.70% | 21 Feb | |
| Short Term | Price vs SMA50 | +7.99% | 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.