Switzerland Stock Market: current P/E Ratio

16.58
Last update: 22 April 2024

The estimated P/E Ratio for Switzerland Stock Market is 16.58, calculated on 22 April 2024.

Considering the last 5 years, an average P/E interval is [16.85 , 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.

22 April 2024 · P/E Ratio: 16.58
22 April 2024 · P/E Ratio: 16.58 · 1Y Average: 19.70 · 1 Std Dev range: [17.24 , 22.16] · 2 Std Dev range: [14.77 , 24.63]
22 April 2024 · P/E Ratio: 16.58 · 5Y Average: 18.16 · 1 Std Dev range: [16.85 , 19.48] · 2 Std Dev range: [15.53 , 20.79]
22 April 2024 · P/E Ratio: 16.58 · 10Y Average: 17.28 · 1 Std Dev range: [16.22 , 18.33] · 2 Std Dev range: [15.16 , 19.39]
22 April 2024 · P/E Ratio: 16.58 · 20Y Average: 15.30 · 1 Std Dev range: [13.47 , 17.13] · 2 Std Dev range: [11.64 , 18.96]
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".
22 April 2024 · P/E Ratio: 16.58 · 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
( 16.58 )
Deviation
vs μ
Valuation
Last 1Y 19.70 2.46 [14.77 · 17.24 , 22.16 · 24.63]
-1.26 σ
Undervalued
Last 2Y 17.79 2.45 [12.90 · 15.34 , 20.23 · 22.68]
-0.49 σ
Fair
Last 3Y 18.06 1.76 [14.54 · 16.30 , 19.83 · 21.59]
-0.84 σ
Fair
Last 4Y 18.30 1.44 [15.42 · 16.86 , 19.74 · 21.19]
-1.19 σ
Undervalued
Last 5Y 18.16 1.32 [15.53 · 16.85 , 19.48 · 20.79]
-1.20 σ
Undervalued
Last 6Y 17.65 1.32 [15.02 · 16.33 , 18.97 · 20.28]
-0.81 σ
Fair
Last 7Y 17.63 1.19 [15.24 · 16.43 , 18.82 · 20.02]
-0.87 σ
Fair
Last 8Y 17.48 1.09 [15.30 · 16.39 , 18.58 · 19.67]
-0.82 σ
Fair
Last 9Y 17.36 1.06 [15.24 · 16.30 , 18.42 · 19.48]
-0.73 σ
Fair
Last 10Y 17.28 1.06 [15.16 · 16.22 , 18.33 · 19.39]
-0.65 σ
Fair
Last 11Y 17.05 1.11 [14.83 · 15.94 , 18.15 · 19.26]
-0.42 σ
Fair
Last 12Y 16.81 1.22 [14.36 · 15.59 , 18.04 · 19.26]
-0.19 σ
Fair
Last 13Y 16.48 1.49 [13.49 · 14.98 , 17.97 · 19.46]
+0.07 σ
Fair
Last 14Y 16.10 1.85 [12.41 · 14.25 , 17.95 · 19.79]
+0.26 σ
Fair
Last 15Y 15.87 1.97 [11.94 · 13.91 , 17.84 · 19.81]
+0.36 σ
Fair
Last 16Y 15.57 2.09 [11.39 · 13.48 , 17.66 · 19.76]
+0.48 σ
Fair
Last 17Y 15.42 2.07 [11.28 · 13.35 , 17.49 · 19.56]
+0.56 σ
Fair
Last 18Y 15.34 1.98 [11.38 · 13.36 , 17.32 · 19.31]
+0.63 σ
Fair
Last 19Y 15.30 1.90 [11.49 · 13.40 , 17.21 · 19.11]
+0.67 σ
Fair
Last 20Y 15.30 1.83 [11.64 · 13.47 , 17.13 · 18.96]
+0.70 σ
Fair

P/E Comparison

How is the Switzerland Stock Market P/E Ratio, compared to other global ratios?

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Deviation vs μ
Trend P/E 1Y 5Y 10Y 20Y
Switzerland 16.58
-1.26 σ -1.20 σ -0.65 σ +0.70 σ
All World 19.96
+3.91 σ +2.09 σ +3.44 σ +4.04 σ
Developed ex-US 14.67
+2.53 σ +0.16 σ +0.51 σ +1.03 σ

Switzerland Stock Market Trend

Trend is evaluated considering the price of the EWL Etf and its 200/50-day moving averages (SMA).

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Trend Indicator Valuation Margin
Long Term Price vs SMA200 +0.20% 22 Apr
Short Term Price vs SMA50 -1.98% 22 Apr
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.