19.08
Last update: 21 February 2025
The estimated P/E Ratio for Sweden Stock Market is 19.08, calculated on 21 February 2025.
Considering the last 5 years, an average P/E interval is [14.05 , 17.77]. For this reason, the current P/E can be considered Overvalued
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.
21 February 2025 · P/E Ratio: 19.08
21 February 2025 · P/E Ratio: 19.08 ·
1Y Average: 14.55 ·
1 Std Dev range: [14.01 , 15.10] ·
2 Std Dev range: [13.46 , 15.64]
21 February 2025 · P/E Ratio: 19.08 ·
5Y Average: 15.91 ·
1 Std Dev range: [14.05 , 17.77] ·
2 Std Dev range: [12.19 , 19.63]
21 February 2025 · P/E Ratio: 19.08 ·
10Y Average: 15.67 ·
1 Std Dev range: [14.48 , 16.85] ·
2 Std Dev range: [13.30 , 18.03]
21 February 2025 · P/E Ratio: 19.08 ·
20Y Average: 14.63 ·
1 Std Dev range: [13.25 , 16.00] ·
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".
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: 19.08 · 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 ( 19.08 ) |
Deviation vs μ |
Valuation |
| Last 1Y | 14.55 | 0.54 | [13.46 · 14.01 , 15.10 · 15.64] |
|
+8.30 σ |
Expensive
|
| Last 2Y | 14.47 | 1.24 | [11.99 · 13.23 , 15.71 · 16.95] |
|
+3.72 σ |
Expensive
|
| Last 3Y | 14.27 | 0.97 | [12.33 · 13.30 , 15.24 · 16.21] |
|
+4.95 σ |
Expensive
|
| Last 4Y | 15.26 | 1.71 | [11.84 · 13.55 , 16.97 · 18.68] |
|
+2.23 σ |
Expensive
|
| Last 5Y | 15.91 | 1.86 | [12.19 · 14.05 , 17.77 · 19.63] |
|
+1.70 σ |
Overvalued
|
| Last 6Y | 15.64 | 1.62 | [12.40 · 14.02 , 17.26 · 18.88] |
|
+2.12 σ |
Expensive
|
| Last 7Y | 15.57 | 1.44 | [12.68 · 14.13 , 17.01 · 18.46] |
|
+2.43 σ |
Expensive
|
| Last 8Y | 15.69 | 1.30 | [13.09 · 14.39 , 16.98 · 18.28] |
|
+2.62 σ |
Expensive
|
| Last 9Y | 15.64 | 1.21 | [13.23 · 14.44 , 16.85 · 18.05] |
|
+2.85 σ |
Expensive
|
| Last 10Y | 15.67 | 1.18 | [13.30 · 14.48 , 16.85 · 18.03] |
|
+2.88 σ |
Expensive
|
| Last 11Y | 15.61 | 1.07 | [13.46 · 14.53 , 16.68 · 17.76] |
|
+3.23 σ |
Expensive
|
| Last 12Y | 15.48 | 1.06 | [13.37 · 14.43 , 16.54 · 17.60] |
|
+3.40 σ |
Expensive
|
| Last 13Y | 15.25 | 1.14 | [12.97 · 14.11 , 16.39 · 17.53] |
|
+3.36 σ |
Expensive
|
| Last 14Y | 15.01 | 1.30 | [12.42 · 13.72 , 16.31 · 17.61] |
|
+3.14 σ |
Expensive
|
| Last 15Y | 14.96 | 1.28 | [12.41 · 13.69 , 16.24 · 17.52] |
|
+3.23 σ |
Expensive
|
| Last 16Y | 15.02 | 1.30 | [12.43 · 13.73 , 16.32 · 17.61] |
|
+3.13 σ |
Expensive
|
| Last 17Y | 14.79 | 1.47 | [11.85 · 13.32 , 16.26 · 17.74] |
|
+2.91 σ |
Expensive
|
| Last 18Y | 14.70 | 1.46 | [11.78 · 13.24 , 16.15 · 17.61] |
|
+3.00 σ |
Expensive
|
| Last 19Y | 14.63 | 1.44 | [11.75 · 13.19 , 16.07 · 17.51] |
|
+3.09 σ |
Expensive
|
| Last 20Y | 14.63 | 1.37 | [11.88 · 13.25 , 16.00 · 17.37] |
|
+3.24 σ |
Expensive
|
P/E Comparison
How is the Sweden 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 | |||
|
|
Sweden | 19.08 |
|
+8.30 σ | +1.70 σ | +2.88 σ | +3.24 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 | ||
Sweden Stock Market Trend
Trend is evaluated considering the price of the EWD Etf and its 200/50-day moving averages (SMA).
Swipe left to see all data
| Trend | Indicator | Valuation | Margin | |
|---|---|---|---|---|
| Long Term | Price vs SMA200 | +7.94% | 21 Feb | |
| Short Term | Price vs SMA50 | +9.35% | 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.