United Kingdom Stock Market: current P/E Ratio

12.70
Last update: 22 April 2024

The estimated P/E Ratio for United Kingdom Stock Market is 12.70, calculated on 22 April 2024.

Considering the last 5 years, an average P/E interval is [10.55 , 13.04]. For this reason, the current P/E can be considered Fair

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.

22 April 2024 · P/E Ratio: 12.70
22 April 2024 · P/E Ratio: 12.70 · 1Y Average: 10.52 · 1 Std Dev range: [10.14 , 10.90] · 2 Std Dev range: [9.76 , 11.27]
22 April 2024 · P/E Ratio: 12.70 · 5Y Average: 11.80 · 1 Std Dev range: [10.55 , 13.04] · 2 Std Dev range: [9.30 , 14.29]
22 April 2024 · P/E Ratio: 12.70 · 10Y Average: 13.02 · 1 Std Dev range: [11.70 , 14.35] · 2 Std Dev range: [10.38 , 15.67]
22 April 2024 · P/E Ratio: 12.70 · 20Y Average: 12.17 · 1 Std Dev range: [10.70 , 13.64] · 2 Std Dev range: [9.23 , 15.11]
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: 12.70 · 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
( 12.70 )
Deviation
vs μ
Valuation
Last 1Y 10.52 0.38 [9.76 · 10.14 , 10.90 · 11.28]
+5.75 σ
Expensive
Last 2Y 10.24 0.52 [9.20 · 9.72 , 10.76 · 11.28]
+4.72 σ
Expensive
Last 3Y 10.80 0.83 [9.14 · 9.97 , 11.62 · 12.45]
+2.30 σ
Expensive
Last 4Y 11.60 1.40 [8.80 · 10.20 , 13.00 · 14.39]
+0.78 σ
Fair
Last 5Y 11.80 1.25 [9.30 · 10.55 , 13.04 · 14.29]
+0.72 σ
Fair
Last 6Y 11.90 1.12 [9.66 · 10.78 , 13.02 · 14.15]
+0.71 σ
Fair
Last 7Y 12.28 1.28 [9.73 · 11.00 , 13.55 · 14.83]
+0.33 σ
Fair
Last 8Y 12.59 1.35 [9.88 · 11.23 , 13.94 · 15.29]
+0.08 σ
Fair
Last 9Y 12.86 1.40 [10.06 · 11.46 , 14.26 · 15.66]
-0.12 σ
Fair
Last 10Y 13.02 1.32 [10.38 · 11.70 , 14.35 · 15.67]
-0.25 σ
Fair
Last 11Y 12.91 1.25 [10.40 · 11.66 , 14.16 · 15.41]
-0.17 σ
Fair
Last 12Y 12.67 1.36 [9.95 · 11.31 , 14.03 · 15.38]
+0.02 σ
Fair
Last 13Y 12.39 1.50 [9.40 · 10.89 , 13.89 · 15.38]
+0.20 σ
Fair
Last 14Y 12.16 1.59 [8.98 · 10.57 , 13.75 · 15.34]
+0.34 σ
Fair
Last 15Y 12.16 1.51 [9.13 · 10.64 , 13.67 · 15.19]
+0.36 σ
Fair
Last 16Y 11.95 1.58 [8.79 · 10.37 , 13.52 · 15.10]
+0.47 σ
Fair
Last 17Y 11.94 1.51 [8.92 · 10.43 , 13.46 · 14.97]
+0.50 σ
Fair
Last 18Y 11.94 1.44 [9.07 · 10.51 , 13.38 · 14.82]
+0.52 σ
Fair
Last 19Y 11.98 1.38 [9.22 · 10.60 , 13.36 · 14.74]
+0.52 σ
Fair
Last 20Y 12.17 1.47 [9.23 · 10.70 , 13.64 · 15.11]
+0.36 σ
Fair

P/E Comparison

How is the United Kingdom 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
United Kingdom 12.70
+5.75 σ +0.72 σ -0.25 σ +0.36 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

United Kingdom Stock Market Trend

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

Swipe left to see all data
Trend Indicator Valuation Margin
Long Term Price vs SMA200 +4.55% 22 Apr
Short Term Price vs SMA50 +1.67% 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.