12.33
Last update: 03 October 2024
The estimated P/E Ratio for China Stock Market is 12.33, calculated on 03 October 2024.
Considering the last 5 years, an average P/E interval is [9.18 , 13.26]. For this reason, the current P/E can be considered Fair
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.
03 October 2024 · P/E Ratio: 12.33
03 October 2024 · P/E Ratio: 12.33 ·
1Y Average: 8.83 ·
1 Std Dev range: [8.50 , 9.16] ·
2 Std Dev range: [8.17 , 9.49]
03 October 2024 · P/E Ratio: 12.33 ·
5Y Average: 11.22 ·
1 Std Dev range: [9.18 , 13.26] ·
2 Std Dev range: [7.14 , 15.30]
03 October 2024 · P/E Ratio: 12.33 ·
10Y Average: 11.06 ·
1 Std Dev range: [9.61 , 12.51] ·
2 Std Dev range: [8.16 , 13.96]
03 October 2024 · P/E Ratio: 12.33 ·
20Y Average: 11.06 ·
1 Std Dev range: [9.39 , 12.73] ·
2 Std Dev range: [7.72 , 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".
03 October 2024 · P/E Ratio: 12.33 · Last Periods metrics
Show all periods
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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 ( 12.33 ) |
Deviation vs μ |
Valuation |
| Last 1Y | 8.83 | 0.33 | [8.17 · 8.50 , 9.16 · 9.49] |
|
+10.57 σ |
Expensive
|
| Last 2Y | 9.07 | 0.45 | [8.16 · 8.61 , 9.52 · 9.97] |
|
+7.21 σ |
Expensive
|
| Last 3Y | 9.53 | 0.87 | [7.79 · 8.66 , 10.40 · 11.27] |
|
+3.22 σ |
Expensive
|
| Last 4Y | 10.67 | 1.96 | [6.74 · 8.70 , 12.63 · 14.59] |
|
+0.84 σ |
Fair
|
| Last 5Y | 11.22 | 2.04 | [7.14 · 9.18 , 13.26 · 15.30] |
|
+0.54 σ |
Fair
|
| Last 6Y | 11.02 | 1.74 | [7.53 · 9.27 , 12.76 · 14.51] |
|
+0.75 σ |
Fair
|
| Last 7Y | 11.26 | 1.68 | [7.91 · 9.59 , 12.94 · 14.62] |
|
+0.63 σ |
Fair
|
| Last 8Y | 11.36 | 1.51 | [8.34 · 9.85 , 12.86 · 14.37] |
|
+0.64 σ |
Fair
|
| Last 9Y | 11.19 | 1.44 | [8.31 · 9.75 , 12.63 · 14.08] |
|
+0.79 σ |
Fair
|
| Last 10Y | 11.06 | 1.45 | [8.16 · 9.61 , 12.51 · 13.96] |
|
+0.87 σ |
Fair
|
| Last 11Y | 10.76 | 1.47 | [7.83 · 9.29 , 12.22 · 13.69] |
|
+1.07 σ |
Overvalued
|
| Last 12Y | 10.58 | 1.45 | [7.67 · 9.12 , 12.03 · 13.48] |
|
+1.20 σ |
Overvalued
|
| Last 13Y | 10.36 | 1.44 | [7.48 · 8.92 , 11.80 · 13.24] |
|
+1.37 σ |
Overvalued
|
| Last 14Y | 10.39 | 1.41 | [7.57 · 8.98 , 11.80 · 13.21] |
|
+1.37 σ |
Overvalued
|
| Last 15Y | 10.62 | 1.51 | [7.59 · 9.11 , 12.13 · 13.64] |
|
+1.13 σ |
Overvalued
|
| Last 16Y | 10.65 | 1.55 | [7.54 · 9.10 , 12.21 · 13.76] |
|
+1.08 σ |
Overvalued
|
| Last 17Y | 10.82 | 1.65 | [7.52 · 9.17 , 12.48 · 14.13] |
|
+0.91 σ |
Fair
|
| Last 18Y | 11.04 | 1.79 | [7.45 · 9.24 , 12.83 · 14.62] |
|
+0.72 σ |
Fair
|
| Last 19Y | 11.06 | 1.73 | [7.59 · 9.32 , 12.79 · 14.52] |
|
+0.73 σ |
Fair
|
| Last 20Y | 11.06 | 1.67 | [7.72 · 9.39 , 12.73 · 14.40] |
|
+0.76 σ |
Fair
|
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 | 12.33 |
|
+10.57 σ | +0.54 σ | +0.87 σ | +0.76 σ | |
| All World | 21.10 |
|
+1.66 σ | +2.46 σ | +3.64 σ | +4.40 σ | ||
| Emerging Markets | 16.84 |
|
+4.98 σ | +2.11 σ | +3.77 σ | +3.71 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 | +36.13% | 03 Oct | |
| Short Term | Price vs SMA50 | +28.08% | 03 Oct |
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.