Philippines Stock Market: current P/E Ratio

10.49
Last update: 24 May 2024

The estimated P/E Ratio for Philippines Stock Market is 10.49, calculated on 24 May 2024.

Considering the last 5 years, an average P/E interval is [13.16 , 16.84]. For this reason, the current P/E can be considered Cheap

P/E Ratio is calculated on the EPHE Etf, whose benchmark is the Philippines 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 Philippines 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: 10.49
24 May 2024 · P/E Ratio: 10.49 · 1Y Average: 11.23 · 1 Std Dev range: [10.74 , 11.73] · 2 Std Dev range: [10.24 , 12.23]
24 May 2024 · P/E Ratio: 10.49 · 5Y Average: 15.00 · 1 Std Dev range: [13.16 , 16.84] · 2 Std Dev range: [11.32 , 18.67]
24 May 2024 · P/E Ratio: 10.49 · 10Y Average: 16.58 · 1 Std Dev range: [15.02 , 18.13] · 2 Std Dev range: [13.46 , 19.69]
24 May 2024 · P/E Ratio: 10.49 · 20Y Average: 15.32 · 1 Std Dev range: [13.33 , 17.31] · 2 Std Dev range: [11.34 , 19.31]
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: 10.49 · 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
( 10.49 )
Deviation
vs μ
Valuation
Last 1Y 11.23 0.50 [10.24 · 10.74 , 11.73 · 12.23]
-1.50 σ
Undervalued
Last 2Y 12.73 1.46 [9.81 · 11.27 , 14.19 · 15.65]
-1.54 σ
Undervalued
Last 3Y 14.15 2.13 [9.89 · 12.02 , 16.28 · 18.42]
-1.72 σ
Undervalued
Last 4Y 14.82 2.01 [10.81 · 12.81 , 16.83 · 18.84]
-2.16 σ
Cheap
Last 5Y 15.00 1.84 [11.32 · 13.16 , 16.84 · 18.67]
-2.45 σ
Cheap
Last 6Y 15.15 1.61 [11.94 · 13.55 , 16.76 · 18.37]
-2.90 σ
Cheap
Last 7Y 15.65 1.71 [12.23 · 13.94 , 17.37 · 19.08]
-3.02 σ
Cheap
Last 8Y 15.96 1.67 [12.61 · 14.29 , 17.63 · 19.30]
-3.27 σ
Cheap
Last 9Y 16.20 1.60 [13.01 · 14.60 , 17.79 · 19.39]
-3.58 σ
Cheap
Last 10Y 16.58 1.56 [13.46 · 15.02 , 18.13 · 19.69]
-3.91 σ
Cheap
Last 11Y 16.72 1.48 [13.77 · 15.25 , 18.20 · 19.67]
-4.23 σ
Cheap
Last 12Y 16.75 1.41 [13.93 · 15.34 , 18.15 · 19.56]
-4.45 σ
Cheap
Last 13Y 16.51 1.51 [13.50 · 15.00 , 18.02 · 19.52]
-4.00 σ
Cheap
Last 14Y 16.35 1.54 [13.28 · 14.81 , 17.89 · 19.42]
-3.82 σ
Cheap
Last 15Y 16.21 1.58 [13.04 · 14.62 , 17.79 · 19.37]
-3.61 σ
Cheap
Last 16Y 15.89 1.81 [12.27 · 14.08 , 17.70 · 19.52]
-2.98 σ
Cheap
Last 17Y 15.85 1.78 [12.28 · 14.07 , 17.63 · 19.41]
-3.01 σ
Cheap
Last 18Y 15.69 1.81 [12.06 · 13.88 , 17.51 · 19.32]
-2.87 σ
Cheap
Last 19Y 15.50 1.89 [11.72 · 13.61 , 17.39 · 19.28]
-2.65 σ
Cheap
Last 20Y 15.32 1.99 [11.34 · 13.33 , 17.31 · 19.31]
-2.43 σ
Cheap

P/E Comparison

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

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Deviation vs μ
Trend P/E 1Y 5Y 10Y 20Y
Philippines 10.49
-1.50 σ -2.45 σ -3.91 σ -2.43 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

Philippines Stock Market Trend

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

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Trend Indicator Valuation Margin
Long Term Price vs SMA200 -0.42% 24 May
Short Term Price vs SMA50 -2.34% 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.