Developed ex-US Stocks: current P/E Ratio

15.24
Last update: 20 December 2024

The estimated P/E Ratio for Developed ex-US Stocks is 15.24, calculated on 20 December 2024.

Considering the last 5 years, an average P/E interval is [13.56 , 16.21]. For this reason, the current P/E can be considered Fair

P/E Ratio is calculated on the EFA Etf, whose benchmark is the Developed ex-US 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 Developed ex-US Stocks 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: 15.24
20 December 2024 · P/E Ratio: 15.24 · 1Y Average: 15.31 · 1 Std Dev range: [14.42 , 16.20] · 2 Std Dev range: [13.53 , 17.08]
20 December 2024 · P/E Ratio: 15.24 · 5Y Average: 14.88 · 1 Std Dev range: [13.56 , 16.21] · 2 Std Dev range: [12.23 , 17.54]
20 December 2024 · P/E Ratio: 15.24 · 10Y Average: 14.45 · 1 Std Dev range: [13.52 , 15.37] · 2 Std Dev range: [12.60 , 16.29]
20 December 2024 · P/E Ratio: 15.24 · 20Y Average: 13.53 · 1 Std Dev range: [12.40 , 14.65] · 2 Std Dev range: [11.28 , 15.78]
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".
20 December 2024 · P/E Ratio: 15.24 · 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
( 15.24 )		 Deviation
vs μ		 Valuation
Last 1Y 15.31 0.89 [13.53 · 14.42 , 16.20 · 17.08]
-0.08 σ
Fair
Last 2Y 14.27 0.96 [12.35 · 13.31 , 15.23 · 16.19]
+1.01 σ
Overvalued
Last 3Y 13.80 0.94 [11.92 · 12.86 , 14.74 · 15.68]
+1.53 σ
Overvalued
Last 4Y 14.52 1.31 [11.91 · 13.21 , 15.83 · 17.13]
+0.55 σ
Fair
Last 5Y 14.88 1.33 [12.23 · 13.56 , 16.21 · 17.54]
+0.27 σ
Fair
Last 6Y 14.51 1.29 [11.93 · 13.22 , 15.80 · 17.09]
+0.56 σ
Fair
Last 7Y 14.38 1.19 [12.00 · 13.19 , 15.57 · 16.77]
+0.72 σ
Fair
Last 8Y 14.40 1.03 [12.33 · 13.36 , 15.43 · 16.46]
+0.82 σ
Fair
Last 9Y 14.35 0.95 [12.46 · 13.41 , 15.30 · 16.24]
+0.94 σ
Fair
Last 10Y 14.45 0.92 [12.60 · 13.52 , 15.37 · 16.29]
+0.86 σ
Fair
Last 11Y 14.32 0.86 [12.60 · 13.46 , 15.18 · 16.04]
+1.07 σ
Overvalued
Last 12Y 14.17 0.90 [12.38 · 13.28 , 15.07 · 15.97]
+1.19 σ
Overvalued
Last 13Y 13.97 0.98 [12.02 · 13.00 , 14.95 · 15.92]
+1.30 σ
Overvalued
Last 14Y 13.75 1.15 [11.45 · 12.60 , 14.90 · 16.05]
+1.30 σ
Overvalued
Last 15Y 13.64 1.20 [11.25 · 12.45 , 14.84 · 16.04]
+1.33 σ
Overvalued
Last 16Y 13.60 1.20 [11.20 · 12.40 , 14.80 · 16.00]
+1.37 σ
Overvalued
Last 17Y 13.44 1.27 [10.89 · 12.17 , 14.72 · 15.99]
+1.41 σ
Overvalued
Last 18Y 13.45 1.21 [11.03 · 12.24 , 14.66 · 15.87]
+1.48 σ
Overvalued
Last 19Y 13.47 1.16 [11.14 · 12.30 , 14.63 · 15.79]
+1.52 σ
Overvalued
Last 20Y 13.53 1.13 [11.28 · 12.40 , 14.65 · 15.78]
+1.52 σ
Overvalued

Developed ex-US Stocks Trend

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

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Trend Indicator Valuation Margin
Long Term Price vs SMA200 -5.80% 20 Dec
Short Term Price vs SMA50 -5.06% 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.