8.60
Last update: 26 July 2024
The estimated P/E Ratio for Malaysia Stock Market is 8.60, calculated on 26 July 2024.
Considering the last 5 years, an average P/E interval is [13.64 , 15.44]. For this reason, the current P/E can be considered Cheap
P/E Ratio is calculated on the EWM Etf, whose benchmark is the Malaysia 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 Malaysia Stock Market P/E Ratio has changed over time. Furthermore, for some trailing timeframes, you can view the average P/E and standard deviation.
26 July 2024 · P/E Ratio: 8.60
26 July 2024 · P/E Ratio: 8.60 ·
1Y Average: 15.20 ·
1 Std Dev range: [14.83 , 15.56] ·
2 Std Dev range: [14.47 , 15.93]
26 July 2024 · P/E Ratio: 8.60 ·
5Y Average: 14.54 ·
1 Std Dev range: [13.64 , 15.44] ·
2 Std Dev range: [12.74 , 16.34]
26 July 2024 · P/E Ratio: 8.60 ·
10Y Average: 15.09 ·
1 Std Dev range: [14.38 , 15.81] ·
2 Std Dev range: [13.67 , 16.52]
26 July 2024 · P/E Ratio: 8.60 ·
20Y Average: 14.54 ·
1 Std Dev range: [13.67 , 15.41] ·
2 Std Dev range: [12.80 , 16.28]
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".
26 July 2024 · P/E Ratio: 8.60 · 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 ( 8.60 ) |
Deviation vs μ |
Valuation |
| Last 1Y | 15.20 | 0.36 | [14.47 · 14.83 , 15.56 · 15.93] |
|
-18.08 σ |
Cheap
|
| Last 2Y | 13.98 | 1.11 | [11.77 · 12.87 , 15.08 · 16.19] |
|
-4.86 σ |
Cheap
|
| Last 3Y | 14.00 | 0.86 | [12.28 · 13.14 , 14.86 · 15.73] |
|
-6.27 σ |
Cheap
|
| Last 4Y | 14.20 | 0.81 | [12.57 · 13.39 , 15.01 · 15.83] |
|
-6.88 σ |
Cheap
|
| Last 5Y | 14.54 | 0.90 | [12.74 · 13.64 , 15.44 · 16.34] |
|
-6.59 σ |
Cheap
|
| Last 6Y | 14.75 | 0.90 | [12.96 · 13.85 , 15.64 · 16.54] |
|
-6.85 σ |
Cheap
|
| Last 7Y | 14.94 | 0.88 | [13.18 · 14.06 , 15.82 · 16.70] |
|
-7.19 σ |
Cheap
|
| Last 8Y | 15.07 | 0.84 | [13.39 · 14.23 , 15.91 · 16.75] |
|
-7.69 σ |
Cheap
|
| Last 9Y | 15.04 | 0.78 | [13.47 · 14.26 , 15.83 · 16.61] |
|
-8.20 σ |
Cheap
|
| Last 10Y | 15.09 | 0.71 | [13.67 · 14.38 , 15.81 · 16.52] |
|
-9.12 σ |
Cheap
|
| Last 11Y | 15.10 | 0.66 | [13.79 · 14.44 , 15.75 · 16.41] |
|
-9.90 σ |
Cheap
|
| Last 12Y | 15.00 | 0.69 | [13.63 · 14.32 , 15.69 · 16.38] |
|
-9.32 σ |
Cheap
|
| Last 13Y | 14.88 | 0.74 | [13.41 · 14.15 , 15.62 · 16.35] |
|
-8.53 σ |
Cheap
|
| Last 14Y | 14.83 | 0.72 | [13.38 · 14.11 , 15.55 · 16.27] |
|
-8.62 σ |
Cheap
|
| Last 15Y | 14.84 | 0.71 | [13.42 · 14.13 , 15.55 · 16.26] |
|
-8.76 σ |
Cheap
|
| Last 16Y | 14.73 | 0.77 | [13.20 · 13.96 , 15.50 · 16.27] |
|
-7.98 σ |
Cheap
|
| Last 17Y | 14.72 | 0.78 | [13.16 · 13.94 , 15.50 · 16.28] |
|
-7.83 σ |
Cheap
|
| Last 18Y | 14.70 | 0.80 | [13.09 · 13.90 , 15.50 · 16.30] |
|
-7.59 σ |
Cheap
|
| Last 19Y | 14.61 | 0.84 | [12.93 · 13.77 , 15.45 · 16.29] |
|
-7.15 σ |
Cheap
|
| Last 20Y | 14.54 | 0.87 | [12.80 · 13.67 , 15.41 · 16.28] |
|
-6.81 σ |
Cheap
|
P/E Comparison
How is the Malaysia 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 | |||
|
|
Malaysia | 8.60 |
|
-18.08 σ | -6.59 σ | -9.12 σ | -6.81 σ | |
| All World | 20.34 |
|
+2.49 σ | +2.12 σ | +3.43 σ | +4.13 σ | ||
| Emerging Markets | 13.91 |
|
+1.88 σ | +0.33 σ | +0.85 σ | +1.14 σ | ||
Malaysia Stock Market Trend
Trend is evaluated considering the price of the EWM Etf and its 200/50-day moving averages (SMA).
Swipe left to see all data
| Trend | Indicator | Valuation | Margin | |
|---|---|---|---|---|
| Long Term | Price vs SMA200 | +5.94% | 26 Jul | |
| Short Term | Price vs SMA50 | +0.72% | 26 Jul |
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.