16.65
Last update: 03 May 2024
The estimated P/E Ratio for Switzerland Stock Market is 16.65, calculated on 03 May 2024.
Considering the last 5 years, an average P/E interval is [16.83 , 19.48]. For this reason, the current P/E can be considered Undervalued
P/E Ratio is calculated on the EWL Etf, whose benchmark is the Switzerland 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 Switzerland Stock Market P/E Ratio has changed over time. Furthermore, for some trailing timeframes, you can view the average P/E and standard deviation.
03 May 2024 · P/E Ratio: 16.65
03 May 2024 · P/E Ratio: 16.65 ·
1Y Average: 18.98 ·
1 Std Dev range: [16.59 , 21.37] ·
2 Std Dev range: [14.20 , 23.76]
03 May 2024 · P/E Ratio: 16.65 ·
5Y Average: 18.16 ·
1 Std Dev range: [16.83 , 19.48] ·
2 Std Dev range: [15.51 , 20.80]
03 May 2024 · P/E Ratio: 16.65 ·
10Y Average: 17.28 ·
1 Std Dev range: [16.23 , 18.33] ·
2 Std Dev range: [15.17 , 19.39]
03 May 2024 · P/E Ratio: 16.65 ·
20Y Average: 15.30 ·
1 Std Dev range: [13.47 , 17.13] ·
2 Std Dev range: [11.64 , 18.97]
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".
03 May 2024 · P/E Ratio: 16.65 · 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 ( 16.65 ) |
Deviation vs μ |
Valuation |
| Last 1Y | 18.98 | 2.39 | [14.20 · 16.59 , 21.37 · 23.76] |
|
-0.97 σ |
Fair
|
| Last 2Y | 17.74 | 2.46 | [12.81 · 15.27 , 20.20 · 22.67] |
|
-0.44 σ |
Fair
|
| Last 3Y | 17.98 | 1.78 | [14.41 · 16.19 , 19.76 · 21.55] |
|
-0.74 σ |
Fair
|
| Last 4Y | 18.26 | 1.47 | [15.31 · 16.79 , 19.74 · 21.21] |
|
-1.09 σ |
Undervalued
|
| Last 5Y | 18.16 | 1.32 | [15.51 · 16.83 , 19.48 · 20.80] |
|
-1.14 σ |
Undervalued
|
| Last 6Y | 17.65 | 1.32 | [15.02 · 16.33 , 18.97 · 20.28] |
|
-0.76 σ |
Fair
|
| Last 7Y | 17.59 | 1.20 | [15.19 · 16.39 , 18.79 · 19.99] |
|
-0.79 σ |
Fair
|
| Last 8Y | 17.49 | 1.09 | [15.31 · 16.40 , 18.58 · 19.67] |
|
-0.77 σ |
Fair
|
| Last 9Y | 17.35 | 1.07 | [15.21 · 16.28 , 18.41 · 19.48] |
|
-0.65 σ |
Fair
|
| Last 10Y | 17.28 | 1.05 | [15.17 · 16.23 , 18.33 · 19.39] |
|
-0.60 σ |
Fair
|
| Last 11Y | 17.06 | 1.09 | [14.87 · 15.96 , 18.15 · 19.25] |
|
-0.37 σ |
Fair
|
| Last 12Y | 16.83 | 1.21 | [14.41 · 15.62 , 18.03 · 19.24] |
|
-0.15 σ |
Fair
|
| Last 13Y | 16.51 | 1.45 | [13.60 · 15.05 , 17.96 · 19.41] |
|
+0.10 σ |
Fair
|
| Last 14Y | 16.13 | 1.81 | [12.51 · 14.32 , 17.94 · 19.75] |
|
+0.29 σ |
Fair
|
| Last 15Y | 15.90 | 1.94 | [12.02 · 13.96 , 17.84 · 19.78] |
|
+0.38 σ |
Fair
|
| Last 16Y | 15.59 | 2.09 | [11.42 · 13.50 , 17.68 · 19.76] |
|
+0.51 σ |
Fair
|
| Last 17Y | 15.43 | 2.07 | [11.29 · 13.36 , 17.50 · 19.57] |
|
+0.59 σ |
Fair
|
| Last 18Y | 15.35 | 1.98 | [11.39 · 13.37 , 17.34 · 19.32] |
|
+0.65 σ |
Fair
|
| Last 19Y | 15.32 | 1.90 | [11.51 · 13.41 , 17.22 · 19.12] |
|
+0.70 σ |
Fair
|
| Last 20Y | 15.30 | 1.83 | [11.64 · 13.47 , 17.13 · 18.97] |
|
+0.74 σ |
Fair
|
P/E Comparison
How is the Switzerland 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 | |||
|
|
Switzerland | 16.65 |
|
-0.97 σ | -1.14 σ | -0.60 σ | +0.74 σ | |
| All World | 20.50 |
|
+4.16 σ | +2.37 σ | +3.77 σ | +4.38 σ | ||
| Developed ex-US | 15.04 |
|
+2.64 σ | +0.44 σ | +0.94 σ | +1.36 σ | ||
Switzerland Stock Market Trend
Trend is evaluated considering the price of the EWL Etf and its 200/50-day moving averages (SMA).
Swipe left to see all data
| Trend | Indicator | Valuation | Margin | |
|---|---|---|---|---|
| Long Term | Price vs SMA200 | +0.66% | 03 May | |
| Short Term | Price vs SMA50 | -1.29% | 03 May |
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.