8.87
Last update: 20 December 2024
The estimated P/E Ratio for China Stock Market is 8.87, calculated on 20 December 2024.
Considering the last 5 years, an average P/E interval is [9.10 , 13.23]. For this reason, the current P/E can be considered Undervalued
P/E Ratio is calculated on the FXI Etf, whose benchmark is the China 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 China 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 December 2024 · P/E Ratio: 8.87
20 December 2024 · P/E Ratio: 8.87 ·
1Y Average: 8.98 ·
1 Std Dev range: [8.60 , 9.36] ·
2 Std Dev range: [8.23 , 9.73]
20 December 2024 · P/E Ratio: 8.87 ·
5Y Average: 11.17 ·
1 Std Dev range: [9.10 , 13.23] ·
2 Std Dev range: [7.03 , 15.30]
20 December 2024 · P/E Ratio: 8.87 ·
10Y Average: 11.07 ·
1 Std Dev range: [9.64 , 12.50] ·
2 Std Dev range: [8.20 , 13.94]
20 December 2024 · P/E Ratio: 8.87 ·
20Y Average: 11.05 ·
1 Std Dev range: [9.37 , 12.72] ·
2 Std Dev range: [7.69 , 14.40]
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".
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 December 2024 · P/E Ratio: 8.87 · 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 ( 8.87 ) |
Deviation vs μ |
Valuation |
| Last 1Y | 8.98 | 0.38 | [8.23 · 8.60 , 9.36 · 9.73] |
|
-0.30 σ |
Fair
|
| Last 2Y | 9.10 | 0.43 | [8.25 · 8.67 , 9.53 · 9.96] |
|
-0.55 σ |
Fair
|
| Last 3Y | 9.40 | 0.72 | [7.96 · 8.68 , 10.12 · 10.83] |
|
-0.74 σ |
Fair
|
| Last 4Y | 10.39 | 1.74 | [6.92 · 8.66 , 12.13 · 13.87] |
|
-0.88 σ |
Fair
|
| Last 5Y | 11.17 | 2.07 | [7.03 · 9.10 , 13.23 · 15.30] |
|
-1.11 σ |
Undervalued
|
| Last 6Y | 11.01 | 1.75 | [7.50 · 9.26 , 12.76 · 14.51] |
|
-1.22 σ |
Undervalued
|
| Last 7Y | 11.14 | 1.65 | [7.84 · 9.49 , 12.79 · 14.44] |
|
-1.38 σ |
Undervalued
|
| Last 8Y | 11.29 | 1.53 | [8.23 · 9.76 , 12.83 · 14.36] |
|
-1.58 σ |
Undervalued
|
| Last 9Y | 11.20 | 1.43 | [8.35 · 9.78 , 12.63 · 14.06] |
|
-1.64 σ |
Undervalued
|
| Last 10Y | 11.07 | 1.43 | [8.20 · 9.64 , 12.50 · 13.94] |
|
-1.54 σ |
Undervalued
|
| Last 11Y | 10.77 | 1.45 | [7.86 · 9.32 , 12.22 · 13.67] |
|
-1.31 σ |
Undervalued
|
| Last 12Y | 10.58 | 1.45 | [7.69 · 9.14 , 12.03 · 13.48] |
|
-1.19 σ |
Undervalued
|
| Last 13Y | 10.38 | 1.42 | [7.53 · 8.95 , 11.80 · 13.22] |
|
-1.06 σ |
Undervalued
|
| Last 14Y | 10.34 | 1.39 | [7.57 · 8.96 , 11.73 · 13.11] |
|
-1.07 σ |
Undervalued
|
| Last 15Y | 10.56 | 1.47 | [7.61 · 9.09 , 12.03 · 13.50] |
|
-1.15 σ |
Undervalued
|
| Last 16Y | 10.66 | 1.54 | [7.58 · 9.12 , 12.20 · 13.74] |
|
-1.17 σ |
Undervalued
|
| Last 17Y | 10.77 | 1.62 | [7.53 · 9.15 , 12.38 · 14.00] |
|
-1.17 σ |
Undervalued
|
| Last 18Y | 10.99 | 1.78 | [7.44 · 9.21 , 12.77 · 14.54] |
|
-1.19 σ |
Undervalued
|
| Last 19Y | 11.05 | 1.74 | [7.57 · 9.31 , 12.79 · 14.52] |
|
-1.25 σ |
Undervalued
|
| Last 20Y | 11.05 | 1.68 | [7.69 · 9.37 , 12.72 · 14.40] |
|
-1.30 σ |
Undervalued
|
P/E Comparison
How is the China 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 | |||
|
|
China | 8.87 |
|
-0.30 σ | -1.11 σ | -1.54 σ | -1.30 σ | |
| All World | 20.46 |
|
+0.66 σ | +1.89 σ | +2.96 σ | +3.83 σ | ||
| Emerging Markets | 13.29 |
|
-1.00 σ | -0.22 σ | +0.02 σ | +0.49 σ | ||
China Stock Market Trend
Trend is evaluated considering the price of the FXI Etf and its 200/50-day moving averages (SMA).
Swipe left to see all data
| Trend | Indicator | Valuation | Margin | |
|---|---|---|---|---|
| Long Term | Price vs SMA200 | +9.82% | 20 Dec | |
| Short Term | Price vs SMA50 | -2.40% | 20 Dec |
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.