16.19
Last update: 05 December 2024
The estimated P/E Ratio for Japan Stock Market is 16.19, calculated on 05 December 2024.
Considering the last 5 years, an average P/E interval is [13.19 , 16.44]. For this reason, the current P/E can be considered Fair
P/E Ratio is calculated on the EWJ Etf, whose benchmark is the Japan 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 Japan Stock Market P/E Ratio has changed over time. Furthermore, for some trailing timeframes, you can view the average P/E and standard deviation.
05 December 2024 · P/E Ratio: 16.19
05 December 2024 · P/E Ratio: 16.19 ·
1Y Average: 15.88 ·
1 Std Dev range: [15.21 , 16.56] ·
2 Std Dev range: [14.53 , 17.23]
05 December 2024 · P/E Ratio: 16.19 ·
5Y Average: 14.81 ·
1 Std Dev range: [13.19 , 16.44] ·
2 Std Dev range: [11.56 , 18.06]
05 December 2024 · P/E Ratio: 16.19 ·
10Y Average: 14.05 ·
1 Std Dev range: [12.82 , 15.27] ·
2 Std Dev range: [11.60 , 16.50]
05 December 2024 · P/E Ratio: 16.19 ·
20Y Average: 14.46 ·
1 Std Dev range: [12.87 , 16.06] ·
2 Std Dev range: [11.27 , 17.66]
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".
05 December 2024 · P/E Ratio: 16.19 · 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 ( 16.19 ) |
Deviation vs μ |
Valuation |
| Last 1Y | 15.88 | 0.68 | [14.53 · 15.21 , 16.56 · 17.23] |
|
+0.46 σ |
Fair
|
| Last 2Y | 14.54 | 1.36 | [11.82 · 13.18 , 15.90 · 17.26] |
|
+1.22 σ |
Overvalued
|
| Last 3Y | 13.77 | 1.28 | [11.22 · 12.50 , 15.05 · 16.32] |
|
+1.90 σ |
Overvalued
|
| Last 4Y | 14.48 | 1.52 | [11.44 · 12.96 , 16.00 · 17.52] |
|
+1.13 σ |
Overvalued
|
| Last 5Y | 14.81 | 1.62 | [11.56 · 13.19 , 16.44 · 18.06] |
|
+0.85 σ |
Fair
|
| Last 6Y | 14.31 | 1.62 | [11.07 · 12.69 , 15.93 · 17.56] |
|
+1.16 σ |
Overvalued
|
| Last 7Y | 14.11 | 1.52 | [11.06 · 12.59 , 15.63 · 17.15] |
|
+1.37 σ |
Overvalued
|
| Last 8Y | 14.10 | 1.34 | [11.42 · 12.76 , 15.44 · 16.77] |
|
+1.56 σ |
Overvalued
|
| Last 9Y | 13.95 | 1.28 | [11.40 · 12.67 , 15.23 · 16.50] |
|
+1.76 σ |
Overvalued
|
| Last 10Y | 14.05 | 1.22 | [11.60 · 12.82 , 15.27 · 16.50] |
|
+1.75 σ |
Overvalued
|
| Last 11Y | 13.95 | 1.12 | [11.70 · 12.82 , 15.07 · 16.20] |
|
+2.00 σ |
Overvalued
|
| Last 12Y | 13.97 | 1.10 | [11.77 · 12.87 , 15.07 · 16.17] |
|
+2.02 σ |
Expensive
|
| Last 13Y | 13.78 | 1.12 | [11.55 · 12.67 , 14.90 · 16.01] |
|
+2.16 σ |
Expensive
|
| Last 14Y | 13.67 | 1.11 | [11.46 · 12.57 , 14.78 · 15.89] |
|
+2.27 σ |
Expensive
|
| Last 15Y | 13.81 | 1.18 | [11.45 · 12.63 , 14.99 · 16.17] |
|
+2.02 σ |
Expensive
|
| Last 16Y | 14.01 | 1.36 | [11.28 · 12.65 , 15.37 · 16.74] |
|
+1.60 σ |
Overvalued
|
| Last 17Y | 13.96 | 1.33 | [11.30 · 12.63 , 15.29 · 16.62] |
|
+1.68 σ |
Overvalued
|
| Last 18Y | 14.13 | 1.44 | [11.25 · 12.69 , 15.57 · 17.01] |
|
+1.43 σ |
Overvalued
|
| Last 19Y | 14.34 | 1.60 | [11.14 · 12.74 , 15.93 · 17.53] |
|
+1.16 σ |
Overvalued
|
| Last 20Y | 14.46 | 1.60 | [11.27 · 12.87 , 16.06 · 17.66] |
|
+1.08 σ |
Overvalued
|
P/E Comparison
How is the Japan 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 | |||
|
|
Japan | 16.19 |
|
+0.46 σ | +0.85 σ | +1.75 σ | +1.08 σ | |
| All World | 21.29 |
|
+1.49 σ | +2.46 σ | +3.55 σ | +4.36 σ | ||
| Developed ex-US | 16.54 |
|
+1.39 σ | +1.25 σ | +2.28 σ | +2.68 σ | ||
Japan Stock Market Trend
Trend is evaluated considering the price of the EWJ Etf and its 200/50-day moving averages (SMA).
Swipe left to see all data
| Trend | Indicator | Valuation | Margin | |
|---|---|---|---|---|
| Long Term | Price vs SMA200 | +2.65% | 05 Dec | |
| Short Term | Price vs SMA50 | +2.33% | 05 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.