The estimated P/E Ratio for Emerging Markets Stocks is 13.29, calculated on 20 December 2024.
Considering the last 5 years, an average P/E interval is [12.09 , 15.19]. For this reason, the current P/E can be considered Fair
P/E Ratio is calculated on the EEM Etf, whose benchmark is the Emerging Markets 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 Emerging Markets 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 ( 13.29 ) |
Deviation vs μ |
Valuation |
Last 1Y | 13.84 | 0.55 | [12.74 · 13.29 , 14.40 · 14.95] |
|
-1.00 σ |
Fair
|
Last 2Y | 12.68 | 1.07 | [10.54 · 11.61 , 13.75 · 14.82] |
|
+0.57 σ |
Fair
|
Last 3Y | 12.41 | 0.94 | [10.53 · 11.47 , 13.35 · 14.30] |
|
+0.94 σ |
Fair
|
Last 4Y | 13.17 | 1.37 | [10.43 · 11.80 , 14.54 · 15.90] |
|
+0.09 σ |
Fair
|
Last 5Y | 13.64 | 1.55 | [10.54 · 12.09 , 15.19 · 16.74] |
|
-0.22 σ |
Fair
|
Last 6Y | 13.41 | 1.32 | [10.77 · 12.09 , 14.74 · 16.06] |
|
-0.09 σ |
Fair
|
Last 7Y | 13.38 | 1.22 | [10.95 · 12.16 , 14.60 · 15.82] |
|
-0.07 σ |
Fair
|
Last 8Y | 13.40 | 1.06 | [11.27 · 12.33 , 14.46 · 15.53] |
|
-0.10 σ |
Fair
|
Last 9Y | 13.32 | 0.99 | [11.35 · 12.33 , 14.30 · 15.29] |
|
-0.02 σ |
Fair
|
Last 10Y | 13.28 | 0.95 | [11.37 · 12.32 , 14.23 · 15.18] |
|
+0.02 σ |
Fair
|
Last 11Y | 13.10 | 0.94 | [11.22 · 12.16 , 14.04 · 14.97] |
|
+0.21 σ |
Fair
|
Last 12Y | 12.93 | 0.97 | [11.00 · 11.97 , 13.90 · 14.87] |
|
+0.37 σ |
Fair
|
Last 13Y | 12.75 | 1.01 | [10.72 · 11.73 , 13.76 · 14.77] |
|
+0.54 σ |
Fair
|
Last 14Y | 12.63 | 1.03 | [10.57 · 11.60 , 13.65 · 14.68] |
|
+0.65 σ |
Fair
|
Last 15Y | 12.66 | 1.00 | [10.66 · 11.66 , 13.67 · 14.67] |
|
+0.63 σ |
Fair
|
Last 16Y | 12.74 | 1.08 | [10.59 · 11.66 , 13.81 · 14.89] |
|
+0.52 σ |
Fair
|
Last 17Y | 12.73 | 1.10 | [10.53 · 11.63 , 13.82 · 14.92] |
|
+0.52 σ |
Fair
|
Last 18Y | 12.84 | 1.15 | [10.54 · 11.69 , 13.99 · 15.14] |
|
+0.39 σ |
Fair
|
Last 19Y | 12.81 | 1.11 | [10.58 · 11.70 , 13.93 · 15.04] |
|
+0.43 σ |
Fair
|
Last 20Y | 12.75 | 1.11 | [10.52 · 11.64 , 13.87 · 14.98] |
|
+0.49 σ |
Fair
|
Emerging Markets Stocks Trend
Trend is evaluated considering the price of the EEM Etf and its 200/50-day moving averages (SMA).
Trend | Indicator | Valuation | Margin | |
---|---|---|---|---|
Long Term | Price vs SMA200 | -1.68% | 20 Dec | |
Short Term | Price vs SMA50 | -4.35% | 20 Dec |