8.80
Last update: 26 July 2024
The estimated P/E Ratio for China Stock Market is 8.80, calculated on 26 July 2024.
Considering the last 5 years, an average P/E interval is [9.27 , 13.27]. 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.
26 July 2024 · P/E Ratio: 8.80
26 July 2024 · P/E Ratio: 8.80 ·
1Y Average: 8.90 ·
1 Std Dev range: [8.52 , 9.27] ·
2 Std Dev range: [8.14 , 9.65]
26 July 2024 · P/E Ratio: 8.80 ·
5Y Average: 11.27 ·
1 Std Dev range: [9.27 , 13.27] ·
2 Std Dev range: [7.27 , 15.27]
26 July 2024 · P/E Ratio: 8.80 ·
10Y Average: 11.03 ·
1 Std Dev range: [9.56 , 12.50] ·
2 Std Dev range: [8.10 , 13.97]
26 July 2024 · P/E Ratio: 8.80 ·
20Y Average: 11.07 ·
1 Std Dev range: [9.41 , 12.73] ·
2 Std Dev range: [7.75 , 14.39]
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".
26 July 2024 · P/E Ratio: 8.80 · 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 ( 8.80 ) |
Deviation vs μ |
Valuation |
| Last 1Y | 8.90 | 0.38 | [8.14 · 8.52 , 9.27 · 9.65] |
|
-0.25 σ |
Fair
|
| Last 2Y | 9.19 | 0.59 | [8.01 · 8.60 , 9.79 · 10.38] |
|
-0.66 σ |
Fair
|
| Last 3Y | 9.76 | 1.11 | [7.53 · 8.65 , 10.88 · 11.99] |
|
-0.86 σ |
Fair
|
| Last 4Y | 11.06 | 2.21 | [6.63 · 8.84 , 13.27 · 15.48] |
|
-1.02 σ |
Undervalued
|
| Last 5Y | 11.27 | 2.00 | [7.27 · 9.27 , 13.27 · 15.27] |
|
-1.24 σ |
Undervalued
|
| Last 6Y | 11.08 | 1.71 | [7.67 · 9.38 , 12.79 · 14.50] |
|
-1.34 σ |
Undervalued
|
| Last 7Y | 11.40 | 1.67 | [8.07 · 9.73 , 13.07 · 14.74] |
|
-1.56 σ |
Undervalued
|
| Last 8Y | 11.42 | 1.46 | [8.49 · 9.96 , 12.89 · 14.35] |
|
-1.79 σ |
Undervalued
|
| Last 9Y | 11.17 | 1.45 | [8.27 · 9.72 , 12.62 · 14.08] |
|
-1.63 σ |
Undervalued
|
| Last 10Y | 11.03 | 1.47 | [8.10 · 9.56 , 12.50 · 13.97] |
|
-1.52 σ |
Undervalued
|
| Last 11Y | 10.72 | 1.49 | [7.74 · 9.23 , 12.21 · 13.70] |
|
-1.29 σ |
Undervalued
|
| Last 12Y | 10.54 | 1.48 | [7.59 · 9.07 , 12.02 · 13.49] |
|
-1.18 σ |
Undervalued
|
| Last 13Y | 10.34 | 1.45 | [7.45 · 8.89 , 11.79 · 13.23] |
|
-1.06 σ |
Undervalued
|
| Last 14Y | 10.44 | 1.42 | [7.61 · 9.02 , 11.85 · 13.27] |
|
-1.15 σ |
Undervalued
|
| Last 15Y | 10.70 | 1.57 | [7.57 · 9.13 , 12.27 · 13.83] |
|
-1.21 σ |
Undervalued
|
| Last 16Y | 10.67 | 1.55 | [7.57 · 9.12 , 12.22 · 13.78] |
|
-1.21 σ |
Undervalued
|
| Last 17Y | 10.91 | 1.71 | [7.49 · 9.20 , 12.62 · 14.33] |
|
-1.23 σ |
Undervalued
|
| Last 18Y | 11.07 | 1.78 | [7.50 · 9.29 , 12.86 · 14.64] |
|
-1.27 σ |
Undervalued
|
| Last 19Y | 11.07 | 1.72 | [7.63 · 9.35 , 12.79 · 14.51] |
|
-1.32 σ |
Undervalued
|
| Last 20Y | 11.07 | 1.66 | [7.75 · 9.41 , 12.73 · 14.39] |
|
-1.36 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 | 8.80 |
|
-0.25 σ | -1.24 σ | -1.52 σ | -1.36 σ | |
| All World | 20.34 |
|
+2.49 σ | +2.12 σ | +3.43 σ | +4.13 σ | ||
| Emerging Markets | 13.91 |
|
+1.88 σ | +0.33 σ | +0.85 σ | +1.14 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 | +2.05% | 26 Jul | |
| Short Term | Price vs SMA50 | -4.81% | 26 Jul |
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.