The estimated P/E Ratio for Switzerland Stock Market is 21.49, calculated on 17 January 2025.
Considering the last 5 years, an average P/E interval is [17.07 , 20.04]. For this reason, the current P/E can be considered Overvalued
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.
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 ( 21.49 ) |
Deviation vs μ |
Valuation |
Last 1Y | 18.42 | 1.44 | [15.55 · 16.98 , 19.86 · 21.30] |
|
+2.13 σ |
Expensive
|
Last 2Y | 19.44 | 2.22 | [14.99 · 17.21 , 21.66 · 23.88] |
|
+0.92 σ |
Fair
|
Last 3Y | 18.12 | 2.07 | [13.98 · 16.05 , 20.19 · 22.26] |
|
+1.63 σ |
Overvalued
|
Last 4Y | 18.42 | 1.69 | [15.03 · 16.73 , 20.11 · 21.80] |
|
+1.81 σ |
Overvalued
|
Last 5Y | 18.55 | 1.49 | [15.58 · 17.07 , 20.04 · 21.52] |
|
+1.98 σ |
Overvalued
|
Last 6Y | 18.19 | 1.35 | [15.49 · 16.84 , 19.54 · 20.88] |
|
+2.45 σ |
Expensive
|
Last 7Y | 17.79 | 1.42 | [14.96 · 16.37 , 19.21 · 20.63] |
|
+2.61 σ |
Expensive
|
Last 8Y | 17.75 | 1.20 | [15.34 · 16.54 , 18.95 · 20.15] |
|
+3.11 σ |
Expensive
|
Last 9Y | 17.56 | 1.17 | [15.21 · 16.39 , 18.74 · 19.91] |
|
+3.34 σ |
Expensive
|
Last 10Y | 17.54 | 1.11 | [15.31 · 16.42 , 18.65 · 19.76] |
|
+3.55 σ |
Expensive
|
Last 11Y | 17.33 | 1.12 | [15.09 · 16.21 , 18.44 · 19.56] |
|
+3.72 σ |
Expensive
|
Last 12Y | 17.12 | 1.20 | [14.72 · 15.92 , 18.32 · 19.51] |
|
+3.65 σ |
Expensive
|
Last 13Y | 16.87 | 1.30 | [14.26 · 15.56 , 18.17 · 19.47] |
|
+3.55 σ |
Expensive
|
Last 14Y | 16.54 | 1.61 | [13.31 · 14.92 , 18.15 · 19.77] |
|
+3.07 σ |
Expensive
|
Last 15Y | 16.24 | 1.90 | [12.44 · 14.34 , 18.14 · 20.04] |
|
+2.76 σ |
Expensive
|
Last 16Y | 15.94 | 2.05 | [11.84 · 13.89 , 17.98 · 20.03] |
|
+2.71 σ |
Expensive
|
Last 17Y | 15.69 | 2.15 | [11.38 · 13.54 , 17.84 · 19.99] |
|
+2.70 σ |
Expensive
|
Last 18Y | 15.56 | 2.09 | [11.38 · 13.47 , 17.64 · 19.73] |
|
+2.84 σ |
Expensive
|
Last 19Y | 15.50 | 2.01 | [11.47 · 13.48 , 17.51 · 19.52] |
|
+2.98 σ |
Expensive
|
Last 20Y | 15.47 | 1.94 | [11.59 · 13.53 , 17.42 · 19.36] |
|
+3.10 σ |
Expensive
|
P/E Comparison
How is the Switzerland Stock Market P/E Ratio, compared to other global ratios?
Deviation vs μ | ||||||||
---|---|---|---|---|---|---|---|---|
Trend | P/E | 1Y | 5Y | 10Y | 20Y | |||
|
Switzerland | 21.49 |
|
+2.13 σ | +1.98 σ | +3.55 σ | +3.10 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 |
Switzerland Stock Market Trend
Trend is evaluated considering the price of the EWL Etf and its 200/50-day moving averages (SMA).
Trend | Indicator | Valuation | Margin | |
---|---|---|---|---|
Long Term | Price vs SMA200 | -3.47% | 17 Jan | |
Short Term | Price vs SMA50 | -0.16% | 17 Jan |