21.16
Last update: 20 November 2024
The estimated P/E Ratio for Switzerland Stock Market is 21.16, calculated on 20 November 2024.
Considering the last 5 years, an average P/E interval is [17.03 , 19.79]. 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.
20 November 2024 · P/E Ratio: 21.16
20 November 2024 · P/E Ratio: 21.16 ·
1Y Average: 17.61 ·
1 Std Dev range: [16.60 , 18.61] ·
2 Std Dev range: [15.60 , 19.62]
20 November 2024 · P/E Ratio: 21.16 ·
5Y Average: 18.41 ·
1 Std Dev range: [17.03 , 19.79] ·
2 Std Dev range: [15.65 , 21.17]
20 November 2024 · P/E Ratio: 21.16 ·
10Y Average: 17.46 ·
1 Std Dev range: [16.39 , 18.53] ·
2 Std Dev range: [15.32 , 19.60]
20 November 2024 · P/E Ratio: 21.16 ·
20Y Average: 15.42 ·
1 Std Dev range: [13.51 , 17.33] ·
2 Std Dev range: [11.60 , 19.24]
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".
20 November 2024 · P/E Ratio: 21.16 · 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 ( 21.16 ) |
Deviation vs μ |
Valuation |
| Last 1Y | 17.61 | 1.00 | [15.60 · 16.60 , 18.61 · 19.62] |
|
+3.54 σ |
Expensive
|
| Last 2Y | 18.92 | 2.32 | [14.28 · 16.60 , 21.23 · 23.55] |
|
+0.97 σ |
Fair
|
| Last 3Y | 17.99 | 1.92 | [14.15 · 16.07 , 19.90 · 21.82] |
|
+1.66 σ |
Overvalued
|
| Last 4Y | 18.28 | 1.56 | [15.16 · 16.72 , 19.83 · 21.39] |
|
+1.85 σ |
Overvalued
|
| Last 5Y | 18.41 | 1.38 | [15.65 · 17.03 , 19.79 · 21.17] |
|
+1.99 σ |
Overvalued
|
| Last 6Y | 18.00 | 1.31 | [15.39 · 16.69 , 19.31 · 20.61] |
|
+2.42 σ |
Expensive
|
| Last 7Y | 17.70 | 1.30 | [15.10 · 16.40 , 18.99 · 20.29] |
|
+2.67 σ |
Expensive
|
| Last 8Y | 17.65 | 1.15 | [15.36 · 16.51 , 18.80 · 19.95] |
|
+3.06 σ |
Expensive
|
| Last 9Y | 17.49 | 1.13 | [15.24 · 16.36 , 18.61 · 19.74] |
|
+3.27 σ |
Expensive
|
| Last 10Y | 17.46 | 1.07 | [15.32 · 16.39 , 18.53 · 19.60] |
|
+3.46 σ |
Expensive
|
| Last 11Y | 17.25 | 1.10 | [15.05 · 16.15 , 18.35 · 19.45] |
|
+3.56 σ |
Expensive
|
| Last 12Y | 17.04 | 1.19 | [14.66 · 15.85 , 18.23 · 19.42] |
|
+3.46 σ |
Expensive
|
| Last 13Y | 16.78 | 1.31 | [14.17 · 15.47 , 18.09 · 19.39] |
|
+3.35 σ |
Expensive
|
| Last 14Y | 16.43 | 1.66 | [13.11 · 14.77 , 18.09 · 19.75] |
|
+2.85 σ |
Expensive
|
| Last 15Y | 16.15 | 1.91 | [12.34 · 14.25 , 18.06 · 19.96] |
|
+2.63 σ |
Expensive
|
| Last 16Y | 15.84 | 2.07 | [11.71 · 13.77 , 17.90 · 19.97] |
|
+2.58 σ |
Expensive
|
| Last 17Y | 15.61 | 2.13 | [11.35 · 13.48 , 17.74 · 19.88] |
|
+2.60 σ |
Expensive
|
| Last 18Y | 15.51 | 2.05 | [11.40 · 13.46 , 17.56 · 19.61] |
|
+2.76 σ |
Expensive
|
| Last 19Y | 15.45 | 1.98 | [11.50 · 13.48 , 17.43 · 19.41] |
|
+2.89 σ |
Expensive
|
| Last 20Y | 15.42 | 1.91 | [11.60 · 13.51 , 17.33 · 19.24] |
|
+3.00 σ |
Expensive
|
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 | 21.16 |
|
+3.54 σ | +1.99 σ | +3.46 σ | +3.00 σ | |
| All World | 21.24 |
|
+1.65 σ | +2.51 σ | +3.63 σ | +4.41 σ | ||
| Developed ex-US | 15.95 |
|
+0.98 σ | +0.84 σ | +1.69 σ | +2.16 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 | -3.55% | 20 Nov | |
| Short Term | Price vs SMA50 | -6.28% | 20 Nov |
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.