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