United Kingdom Stock Market: current P/E Ratio

16.37
Last update: 20 November 2024

The estimated P/E Ratio for United Kingdom Stock Market is 16.37, calculated on 20 November 2024.

Considering the last 5 years, an average P/E interval is [10.57 , 13.62]. For this reason, the current P/E can be considered Expensive

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.

20 November 2024 · P/E Ratio: 16.37
20 November 2024 · P/E Ratio: 16.37 · 1Y Average: 13.04 · 1 Std Dev range: [10.93 , 15.14] · 2 Std Dev range: [8.82 , 17.25]
20 November 2024 · P/E Ratio: 16.37 · 5Y Average: 12.09 · 1 Std Dev range: [10.57 , 13.62] · 2 Std Dev range: [9.04 , 15.14]
20 November 2024 · P/E Ratio: 16.37 · 10Y Average: 13.12 · 1 Std Dev range: [11.71 , 14.53] · 2 Std Dev range: [10.30 , 15.94]
20 November 2024 · P/E Ratio: 16.37 · 20Y Average: 12.15 · 1 Std Dev range: [10.71 , 13.59] · 2 Std Dev range: [9.27 , 15.03]
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".
20 November 2024 · P/E Ratio: 16.37 · 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
( 16.37 )
Deviation
vs μ
Valuation
Last 1Y 13.04 2.11 [8.82 · 10.93 , 15.14 · 17.25]
+1.58 σ
Overvalued
Last 2Y 11.54 1.66 [8.21 · 9.88 , 13.20 · 14.86]
+2.90 σ
Expensive
Last 3Y 10.94 1.08 [8.78 · 9.86 , 12.02 · 13.10]
+5.03 σ
Expensive
Last 4Y 11.59 1.39 [8.81 · 10.20 , 12.98 · 14.38]
+3.43 σ
Expensive
Last 5Y 12.09 1.52 [9.04 · 10.57 , 13.62 · 15.14]
+2.81 σ
Expensive
Last 6Y 12.04 1.28 [9.47 · 10.76 , 13.32 · 14.60]
+3.37 σ
Expensive
Last 7Y 12.25 1.24 [9.76 · 11.01 , 13.50 · 14.74]
+3.31 σ
Expensive
Last 8Y 12.55 1.32 [9.91 · 11.23 , 13.87 · 15.19]
+2.89 σ
Expensive
Last 9Y 12.85 1.40 [10.05 · 11.45 , 14.25 · 15.65]
+2.51 σ
Expensive
Last 10Y 13.12 1.41 [10.30 · 11.71 , 14.53 · 15.94]
+2.30 σ
Expensive
Last 11Y 13.10 1.29 [10.52 · 11.81 , 14.38 · 15.67]
+2.54 σ
Expensive
Last 12Y 12.92 1.30 [10.31 · 11.62 , 14.23 · 15.53]
+2.64 σ
Expensive
Last 13Y 12.64 1.44 [9.77 · 11.21 , 14.08 · 15.52]
+2.59 σ
Expensive
Last 14Y 12.40 1.55 [9.30 · 10.85 , 13.96 · 15.51]
+2.55 σ
Expensive
Last 15Y 12.28 1.58 [9.11 · 10.70 , 13.87 · 15.45]
+2.58 σ
Expensive
Last 16Y 12.15 1.57 [9.01 · 10.58 , 13.72 · 15.29]
+2.68 σ
Expensive
Last 17Y 12.02 1.58 [8.86 · 10.44 , 13.60 · 15.18]
+2.75 σ
Expensive
Last 18Y 12.03 1.51 [9.02 · 10.52 , 13.53 · 15.04]
+2.88 σ
Expensive
Last 19Y 12.04 1.44 [9.16 · 10.60 , 13.49 · 14.93]
+2.99 σ
Expensive
Last 20Y 12.15 1.44 [9.27 · 10.71 , 13.59 · 15.03]
+2.93 σ
Expensive

P/E Comparison

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

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Deviation vs μ
Trend P/E 1Y 5Y 10Y 20Y
United Kingdom 16.37
+1.58 σ +2.81 σ +2.30 σ +2.93 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

United Kingdom Stock Market Trend

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

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Trend Indicator Valuation Margin
Long Term Price vs SMA200 -1.60% 20 Nov
Short Term Price vs SMA50 -4.45% 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.