14.19
Last update: 20 December 2024
The estimated P/E Ratio for Hong Kong Stock Market is 14.19, calculated on 20 December 2024.
Considering the last 5 years, an average P/E interval is [14.20 , 16.30]. For this reason, the current P/E can be considered Undervalued
P/E Ratio is calculated on the EWH Etf, whose benchmark is the Hong Kong 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 Hong Kong 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: 14.19
20 December 2024 · P/E Ratio: 14.19 ·
1Y Average: 14.90 ·
1 Std Dev range: [14.49 , 15.32] ·
2 Std Dev range: [14.07 , 15.74]
20 December 2024 · P/E Ratio: 14.19 ·
5Y Average: 15.25 ·
1 Std Dev range: [14.20 , 16.30] ·
2 Std Dev range: [13.15 , 17.34]
20 December 2024 · P/E Ratio: 14.19 ·
10Y Average: 15.06 ·
1 Std Dev range: [14.19 , 15.93] ·
2 Std Dev range: [13.31 , 16.81]
20 December 2024 · P/E Ratio: 14.19 ·
20Y Average: 15.19 ·
1 Std Dev range: [14.25 , 16.12] ·
2 Std Dev range: [13.31 , 17.06]
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: 14.19 · 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 ( 14.19 ) |
Deviation vs μ |
Valuation |
| Last 1Y | 14.90 | 0.42 | [14.07 · 14.49 , 15.32 · 15.74] |
|
-1.70 σ |
Undervalued
|
| Last 2Y | 15.06 | 0.68 | [13.70 · 14.38 , 15.74 · 16.42] |
|
-1.27 σ |
Undervalued
|
| Last 3Y | 14.58 | 0.73 | [13.13 · 13.86 , 15.31 · 16.04] |
|
-0.53 σ |
Fair
|
| Last 4Y | 15.16 | 1.06 | [13.04 · 14.10 , 16.23 · 17.29] |
|
-0.91 σ |
Fair
|
| Last 5Y | 15.25 | 1.05 | [13.15 · 14.20 , 16.30 · 17.34] |
|
-1.01 σ |
Undervalued
|
| Last 6Y | 15.05 | 0.95 | [13.15 · 14.10 , 16.00 · 16.94] |
|
-0.90 σ |
Fair
|
| Last 7Y | 15.04 | 0.93 | [13.17 · 14.11 , 15.98 · 16.91] |
|
-0.91 σ |
Fair
|
| Last 8Y | 15.11 | 0.87 | [13.37 · 14.24 , 15.98 · 16.86] |
|
-1.05 σ |
Undervalued
|
| Last 9Y | 15.05 | 0.89 | [13.27 · 14.16 , 15.93 · 16.82] |
|
-0.96 σ |
Fair
|
| Last 10Y | 15.06 | 0.87 | [13.31 · 14.19 , 15.93 · 16.81] |
|
-0.99 σ |
Fair
|
| Last 11Y | 14.97 | 0.83 | [13.31 · 14.14 , 15.80 · 16.63] |
|
-0.93 σ |
Fair
|
| Last 12Y | 14.95 | 0.80 | [13.34 · 14.15 , 15.75 · 16.56] |
|
-0.94 σ |
Fair
|
| Last 13Y | 14.87 | 0.79 | [13.29 · 14.08 , 15.67 · 16.46] |
|
-0.86 σ |
Fair
|
| Last 14Y | 14.87 | 0.82 | [13.22 · 14.04 , 15.69 · 16.52] |
|
-0.82 σ |
Fair
|
| Last 15Y | 14.95 | 0.84 | [13.28 · 14.11 , 15.78 · 16.62] |
|
-0.90 σ |
Fair
|
| Last 16Y | 14.99 | 0.90 | [13.20 · 14.09 , 15.89 · 16.78] |
|
-0.89 σ |
Fair
|
| Last 17Y | 15.01 | 0.94 | [13.13 · 14.07 , 15.95 · 16.89] |
|
-0.87 σ |
Fair
|
| Last 18Y | 15.09 | 0.98 | [13.14 · 14.12 , 16.07 · 17.04] |
|
-0.92 σ |
Fair
|
| Last 19Y | 15.14 | 0.96 | [13.22 · 14.18 , 16.10 · 17.07] |
|
-0.98 σ |
Fair
|
| Last 20Y | 15.19 | 0.94 | [13.31 · 14.25 , 16.12 · 17.06] |
|
-1.06 σ |
Undervalued
|
P/E Comparison
How is the Hong Kong 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 | |||
|
|
Hong Kong | 14.19 |
|
-1.70 σ | -1.01 σ | -0.99 σ | -1.06 σ | |
| All World | 20.46 |
|
+0.66 σ | +1.89 σ | +2.96 σ | +3.83 σ | ||
| Developed ex-US | 15.24 |
|
-0.08 σ | +0.27 σ | +0.86 σ | +1.52 σ | ||
Hong Kong Stock Market Trend
Trend is evaluated considering the price of the EWH Etf and its 200/50-day moving averages (SMA).
Swipe left to see all data
| Trend | Indicator | Valuation | Margin | |
|---|---|---|---|---|
| Long Term | Price vs SMA200 | -0.04% | 20 Dec | |
| Short Term | Price vs SMA50 | -5.88% | 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.