The estimated P/E Ratio for Asia ex-Japan Stocks is 14.78, calculated on 11 March 2025.
Considering the last 5 years, an average P/E interval is [13.06 , 16.00]. For this reason, the current P/E can be considered Fair
P/E Ratio is calculated on the AAXJ Etf, whose benchmark is the Asia ex-Japan Stocks.
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 Asia ex-Japan Stocks 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 ( 14.78 ) |
Deviation vs μ |
Valuation |
Last 1Y | 15.41 | 0.20 | [15.00 · 15.20 , 15.61 · 15.82] |
|
-3.07 σ |
Cheap
|
Last 2Y | 14.36 | 0.97 | [12.43 · 13.40 , 15.33 · 16.30] |
|
+0.43 σ |
Fair
|
Last 3Y | 13.54 | 1.12 | [11.31 · 12.42 , 14.65 · 15.77] |
|
+1.12 σ |
Overvalued
|
Last 4Y | 14.04 | 1.22 | [11.59 · 12.82 , 15.26 · 16.49] |
|
+0.61 σ |
Fair
|
Last 5Y | 14.53 | 1.47 | [11.59 · 13.06 , 16.00 · 17.47] |
|
+0.17 σ |
Fair
|
Last 6Y | 14.26 | 1.31 | [11.64 · 12.95 , 15.57 · 16.89] |
|
+0.40 σ |
Fair
|
Last 7Y | 14.04 | 1.26 | [11.51 · 12.77 , 15.30 · 16.57] |
|
+0.59 σ |
Fair
|
Last 8Y | 14.03 | 1.10 | [11.83 · 12.93 , 15.13 · 16.23] |
|
+0.68 σ |
Fair
|
Last 9Y | 13.90 | 1.04 | [11.82 · 12.86 , 14.94 · 15.98] |
|
+0.85 σ |
Fair
|
Last 10Y | 13.79 | 1.05 | [11.69 · 12.74 , 14.85 · 15.90] |
|
+0.94 σ |
Fair
|
Last 11Y | 13.59 | 1.04 | [11.51 · 12.55 , 14.63 · 15.68] |
|
+1.14 σ |
Overvalued
|
Last 12Y | 13.41 | 1.08 | [11.25 · 12.33 , 14.49 · 15.58] |
|
+1.27 σ |
Overvalued
|
Last 13Y | 13.22 | 1.10 | [11.02 · 12.12 , 14.32 · 15.43] |
|
+1.42 σ |
Overvalued
|
Last 14Y | 13.07 | 1.13 | [10.82 · 11.95 , 14.20 · 15.33] |
|
+1.51 σ |
Overvalued
|
Last 15Y | 13.08 | 1.08 | [10.91 · 11.99 , 14.16 · 15.25] |
|
+1.57 σ |
Overvalued
|
Last 16Y | 13.21 | 1.16 | [10.89 · 12.05 , 14.37 · 15.53] |
|
+1.36 σ |
Overvalued
|
Last 17Y | 13.14 | 1.16 | [10.83 · 11.98 , 14.29 · 15.45] |
|
+1.42 σ |
Overvalued
|
Last 18Y | 13.26 | 1.22 | [10.82 · 12.04 , 14.48 · 15.70] |
|
+1.25 σ |
Overvalued
|
Last 19Y | 13.29 | 1.21 | [10.88 · 12.08 , 14.50 · 15.70] |
|
+1.24 σ |
Overvalued
|
Last 20Y | 13.25 | 1.19 | [10.88 · 12.06 , 14.44 · 15.62] |
|
+1.29 σ |
Overvalued
|
Asia ex-Japan Stocks Trend
Trend is evaluated considering the price of the AAXJ Etf and its 200/50-day moving averages (SMA).
Trend | Indicator | Valuation | Margin | |
---|---|---|---|---|
Long Term | Price vs SMA200 | +1.12% | 11 Mar | |
Short Term | Price vs SMA50 | +1.67% | 11 Mar |