The estimated P/E Ratio for United Kingdom Stock Market is 13.23, calculated on 03 May 2024.
Considering the last 5 years, an average P/E interval is [10.55 , 13.06]. For this reason, the current P/E can be considered Overvalued
P/E Ratio is calculated on the EWU Etf, whose benchmark is the United Kingdom 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 United Kingdom 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 ( 13.23 ) |
Deviation vs μ |
Valuation |
Last 1Y | 10.52 | 0.38 | [9.76 · 10.14 , 10.90 · 11.28] |
|
+7.16 σ |
Expensive
|
Last 2Y | 10.29 | 0.62 | [9.05 · 9.67 , 10.90 · 11.52] |
|
+4.77 σ |
Expensive
|
Last 3Y | 10.80 | 0.83 | [9.14 · 9.97 , 11.62 · 12.45] |
|
+2.94 σ |
Expensive
|
Last 4Y | 11.56 | 1.35 | [8.87 · 10.22 , 12.91 · 14.26] |
|
+1.23 σ |
Overvalued
|
Last 5Y | 11.80 | 1.26 | [9.29 · 10.55 , 13.06 · 14.31] |
|
+1.13 σ |
Overvalued
|
Last 6Y | 11.88 | 1.10 | [9.69 · 10.79 , 12.98 · 14.08] |
|
+1.22 σ |
Overvalued
|
Last 7Y | 12.26 | 1.26 | [9.75 · 11.00 , 13.52 · 14.78] |
|
+0.77 σ |
Fair
|
Last 8Y | 12.57 | 1.34 | [9.89 · 11.23 , 13.90 · 15.24] |
|
+0.49 σ |
Fair
|
Last 9Y | 12.84 | 1.38 | [10.08 · 11.46 , 14.22 · 15.59] |
|
+0.28 σ |
Fair
|
Last 10Y | 13.02 | 1.32 | [10.37 · 11.70 , 14.34 · 15.67] |
|
+0.16 σ |
Fair
|
Last 11Y | 12.92 | 1.24 | [10.44 · 11.68 , 14.16 · 15.40] |
|
+0.25 σ |
Fair
|
Last 12Y | 12.69 | 1.34 | [10.02 · 11.35 , 14.03 · 15.37] |
|
+0.40 σ |
Fair
|
Last 13Y | 12.41 | 1.48 | [9.44 · 10.93 , 13.90 · 15.38] |
|
+0.55 σ |
Fair
|
Last 14Y | 12.18 | 1.58 | [9.02 · 10.60 , 13.76 · 15.35] |
|
+0.66 σ |
Fair
|
Last 15Y | 12.17 | 1.51 | [9.14 · 10.66 , 13.68 · 15.20] |
|
+0.70 σ |
Fair
|
Last 16Y | 11.96 | 1.58 | [8.81 · 10.39 , 13.54 · 15.11] |
|
+0.80 σ |
Fair
|
Last 17Y | 11.94 | 1.51 | [8.92 · 10.43 , 13.46 · 14.97] |
|
+0.85 σ |
Fair
|
Last 18Y | 11.94 | 1.44 | [9.07 · 10.51 , 13.38 · 14.82] |
|
+0.89 σ |
Fair
|
Last 19Y | 11.98 | 1.38 | [9.21 · 10.60 , 13.36 · 14.74] |
|
+0.90 σ |
Fair
|
Last 20Y | 12.16 | 1.46 | [9.25 · 10.70 , 13.62 · 15.07] |
|
+0.73 σ |
Fair
|
P/E Comparison
How is the United Kingdom Stock Market P/E Ratio, compared to other global ratios?
Deviation vs μ | ||||||||
---|---|---|---|---|---|---|---|---|
Trend | P/E | 1Y | 5Y | 10Y | 20Y | |||
|
United Kingdom | 13.23 |
|
+7.16 σ | +1.13 σ | +0.16 σ | +0.73 σ | |
All World | 20.50 |
|
+4.16 σ | +2.37 σ | +3.77 σ | +4.38 σ | ||
Developed ex-US | 15.71 |
|
+4.09 σ | +0.98 σ | +1.77 σ | +1.97 σ |
United Kingdom Stock Market Trend
Trend is evaluated considering the price of the EWU Etf and its 200/50-day moving averages (SMA).
Trend | Indicator | Valuation | Margin | |
---|---|---|---|---|
Long Term | Price vs SMA200 | +8.57% | 03 May | |
Short Term | Price vs SMA50 | +4.61% | 03 May |