Sweden Stock Market: current P/E Ratio

14.80
Last update: 17 January 2025

The estimated P/E Ratio for Sweden Stock Market is 14.80, calculated on 17 January 2025.

Considering the last 5 years, an average P/E interval is [14.06 , 17.78]. For this reason, the current P/E can be considered Fair

P/E Ratio is calculated on the EWD Etf, whose benchmark is the Sweden 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 Sweden 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: 14.80
17 January 2025 · P/E Ratio: 14.80 · 1Y Average: 14.31 · 1 Std Dev range: [13.71 , 14.90] · 2 Std Dev range: [13.12 , 15.50]
17 January 2025 · P/E Ratio: 14.80 · 5Y Average: 15.92 · 1 Std Dev range: [14.06 , 17.78] · 2 Std Dev range: [12.20 , 19.63]
17 January 2025 · P/E Ratio: 14.80 · 10Y Average: 15.68 · 1 Std Dev range: [14.49 , 16.87] · 2 Std Dev range: [13.31 , 18.05]
17 January 2025 · P/E Ratio: 14.80 · 20Y Average: 14.62 · 1 Std Dev range: [13.25 , 15.99] · 2 Std Dev range: [11.88 , 17.37]
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".
17 January 2025 · P/E Ratio: 14.80 · 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
( 14.80 )
Deviation
vs μ
Valuation
Last 1Y 14.31 0.60 [13.12 · 13.71 , 14.90 · 15.50]
+0.82 σ
Fair
Last 2Y 14.40 1.22 [11.95 · 13.18 , 15.62 · 16.84]
+0.33 σ
Fair
Last 3Y 14.31 1.03 [12.25 · 13.28 , 15.34 · 16.37]
+0.47 σ
Fair
Last 4Y 15.33 1.77 [11.80 · 13.56 , 17.10 · 18.86]
-0.30 σ
Fair
Last 5Y 15.92 1.86 [12.20 · 14.06 , 17.78 · 19.63]
-0.60 σ
Fair
Last 6Y 15.63 1.62 [12.38 · 14.01 , 17.25 · 18.88]
-0.51 σ
Fair
Last 7Y 15.59 1.45 [12.69 · 14.14 , 17.03 · 18.48]
-0.54 σ
Fair
Last 8Y 15.70 1.30 [13.10 · 14.40 , 17.01 · 18.31]
-0.70 σ
Fair
Last 9Y 15.63 1.22 [13.19 · 14.41 , 16.84 · 18.06]
-0.68 σ
Fair
Last 10Y 15.68 1.19 [13.31 · 14.49 , 16.87 · 18.05]
-0.74 σ
Fair
Last 11Y 15.60 1.08 [13.45 · 14.53 , 16.68 · 17.76]
-0.75 σ
Fair
Last 12Y 15.47 1.07 [13.33 · 14.40 , 16.54 · 17.61]
-0.63 σ
Fair
Last 13Y 15.23 1.16 [12.90 · 14.07 , 16.39 · 17.55]
-0.37 σ
Fair
Last 14Y 15.00 1.30 [12.40 · 13.70 , 16.30 · 17.60]
-0.16 σ
Fair
Last 15Y 14.97 1.28 [12.41 · 13.69 , 16.25 · 17.53]
-0.14 σ
Fair
Last 16Y 15.00 1.31 [12.37 · 13.69 , 16.31 · 17.63]
-0.16 σ
Fair
Last 17Y 14.77 1.50 [11.77 · 13.27 , 16.26 · 17.76]
+0.02 σ
Fair
Last 18Y 14.69 1.46 [11.78 · 13.24 , 16.15 · 17.61]
+0.07 σ
Fair
Last 19Y 14.62 1.44 [11.75 · 13.18 , 16.06 · 17.50]
+0.12 σ
Fair
Last 20Y 14.62 1.37 [11.88 · 13.25 , 15.99 · 17.37]
+0.13 σ
Fair

P/E Comparison

How is the Sweden Stock Market P/E Ratio, compared to other global ratios?

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Deviation vs μ
Trend P/E 1Y 5Y 10Y 20Y
Sweden 14.80
+0.82 σ -0.60 σ -0.74 σ +0.13 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

Sweden Stock Market Trend

Trend is evaluated considering the price of the EWD Etf and its 200/50-day moving averages (SMA).

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Trend Indicator Valuation Margin
Long Term Price vs SMA200 -2.21% 17 Jan
Short Term Price vs SMA50 +1.82% 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.