Indonesia Stock Market: current P/E Ratio

11.85
Last update: 24 May 2024

The estimated P/E Ratio for Indonesia Stock Market is 11.85, calculated on 24 May 2024.

Considering the last 5 years, an average P/E interval is [12.74 , 15.50]. For this reason, the current P/E can be considered Undervalued

P/E Ratio is calculated on the EIDO Etf, whose benchmark is the Indonesia 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 Indonesia Stock Market P/E Ratio has changed over time. Furthermore, for some trailing timeframes, you can view the average P/E and standard deviation.

24 May 2024 · P/E Ratio: 11.85
24 May 2024 · P/E Ratio: 11.85 · 1Y Average: 11.54 · 1 Std Dev range: [11.16 , 11.92] · 2 Std Dev range: [10.78 , 12.30]
24 May 2024 · P/E Ratio: 11.85 · 5Y Average: 14.12 · 1 Std Dev range: [12.74 , 15.50] · 2 Std Dev range: [11.36 , 16.88]
24 May 2024 · P/E Ratio: 11.85 · 10Y Average: 14.63 · 1 Std Dev range: [13.64 , 15.63] · 2 Std Dev range: [12.65 , 16.62]
24 May 2024 · P/E Ratio: 11.85 · 20Y Average: 13.50 · 1 Std Dev range: [12.04 , 14.96] · 2 Std Dev range: [10.57 , 16.43]
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".
24 May 2024 · P/E Ratio: 11.85 · 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
( 11.85 )
Deviation
vs μ
Valuation
Last 1Y 11.54 0.38 [10.78 · 11.16 , 11.92 · 12.30]
+0.80 σ
Fair
Last 2Y 12.36 0.97 [10.43 · 11.39 , 13.33 · 14.30]
-0.53 σ
Fair
Last 3Y 13.27 1.39 [10.50 · 11.89 , 14.66 · 16.05]
-1.03 σ
Undervalued
Last 4Y 13.93 1.48 [10.96 · 12.44 , 15.41 · 16.90]
-1.40 σ
Undervalued
Last 5Y 14.12 1.38 [11.36 · 12.74 , 15.50 · 16.88]
-1.65 σ
Undervalued
Last 6Y 14.14 1.18 [11.78 · 12.96 , 15.32 · 16.50]
-1.94 σ
Undervalued
Last 7Y 14.47 1.22 [12.02 · 13.25 , 15.69 · 16.92]
-2.14 σ
Cheap
Last 8Y 14.65 1.17 [12.31 · 13.48 , 15.81 · 16.98]
-2.40 σ
Cheap
Last 9Y 14.58 1.11 [12.35 · 13.47 , 15.70 · 16.81]
-2.45 σ
Cheap
Last 10Y 14.63 0.99 [12.65 · 13.64 , 15.63 · 16.62]
-2.81 σ
Cheap
Last 11Y 14.49 1.01 [12.47 · 13.48 , 15.50 · 16.51]
-2.62 σ
Cheap
Last 12Y 14.41 1.00 [12.41 · 13.41 , 15.41 · 16.41]
-2.56 σ
Cheap
Last 13Y 14.27 1.02 [12.22 · 13.25 , 15.29 · 16.31]
-2.37 σ
Cheap
Last 14Y 14.22 0.99 [12.24 · 13.23 , 15.22 · 16.21]
-2.39 σ
Cheap
Last 15Y 14.19 0.97 [12.25 · 13.22 , 15.16 · 16.13]
-2.41 σ
Cheap
Last 16Y 14.00 1.10 [11.79 · 12.89 , 15.10 · 16.21]
-1.95 σ
Undervalued
Last 17Y 13.99 1.11 [11.78 · 12.88 , 15.09 · 16.20]
-1.94 σ
Undervalued
Last 18Y 13.86 1.13 [11.60 · 12.73 , 14.99 · 16.12]
-1.79 σ
Undervalued
Last 19Y 13.68 1.29 [11.11 · 12.39 , 14.96 · 16.25]
-1.43 σ
Undervalued
Last 20Y 13.50 1.46 [10.57 · 12.04 , 14.96 · 16.43]
-1.13 σ
Undervalued

P/E Comparison

How is the Indonesia Stock Market P/E Ratio, compared to other global ratios?

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Deviation vs μ
Trend P/E 1Y 5Y 10Y 20Y
Indonesia 11.85
+0.80 σ -1.65 σ -2.81 σ -1.13 σ
All World 19.49
+2.86 σ +1.68 σ +2.95 σ +3.66 σ
Emerging Markets 14.41
+4.30 σ +0.71 σ +1.46 σ +1.63 σ

Indonesia Stock Market Trend

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

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Trend Indicator Valuation Margin
Long Term Price vs SMA200 -6.57% 24 May
Short Term Price vs SMA50 -4.15% 24 May
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.