9.04
Last update: 20 December 2024
The estimated P/E Ratio for South Korea Stock Market is 9.04, calculated on 20 December 2024.
Considering the last 5 years, an average P/E interval is [9.48 , 11.81]. For this reason, the current P/E can be considered Undervalued
P/E Ratio is calculated on the EWY Etf, whose benchmark is the South Korea 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 South Korea 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: 9.04
20 December 2024 · P/E Ratio: 9.04 ·
1Y Average: 11.51 ·
1 Std Dev range: [10.76 , 12.27] ·
2 Std Dev range: [10.01 , 13.02]
20 December 2024 · P/E Ratio: 9.04 ·
5Y Average: 10.64 ·
1 Std Dev range: [9.48 , 11.81] ·
2 Std Dev range: [8.31 , 12.97]
20 December 2024 · P/E Ratio: 9.04 ·
10Y Average: 10.03 ·
1 Std Dev range: [9.10 , 10.96] ·
2 Std Dev range: [8.17 , 11.89]
20 December 2024 · P/E Ratio: 9.04 ·
20Y Average: 9.75 ·
1 Std Dev range: [8.83 , 10.67] ·
2 Std Dev range: [7.92 , 11.59]
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: 9.04 · 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 ( 9.04 ) |
Deviation vs μ |
Valuation |
| Last 1Y | 11.51 | 0.75 | [10.01 · 10.76 , 12.27 · 13.02] |
|
-3.29 σ |
Cheap
|
| Last 2Y | 10.34 | 1.06 | [8.22 · 9.28 , 11.40 · 12.45] |
|
-1.23 σ |
Undervalued
|
| Last 3Y | 9.77 | 0.90 | [7.97 · 8.87 , 10.66 · 11.56] |
|
-0.81 σ |
Fair
|
| Last 4Y | 10.26 | 1.09 | [8.07 · 9.17 , 11.36 · 12.45] |
|
-1.12 σ |
Undervalued
|
| Last 5Y | 10.64 | 1.17 | [8.31 · 9.48 , 11.81 · 12.97] |
|
-1.38 σ |
Undervalued
|
| Last 6Y | 10.57 | 1.02 | [8.53 · 9.55 , 11.59 · 12.61] |
|
-1.50 σ |
Undervalued
|
| Last 7Y | 10.21 | 1.17 | [7.86 · 9.03 , 11.38 · 12.55] |
|
-1.00 σ |
Fair
|
| Last 8Y | 10.02 | 1.09 | [7.83 · 8.93 , 11.11 · 12.20] |
|
-0.90 σ |
Fair
|
| Last 9Y | 10.05 | 0.99 | [8.06 · 9.05 , 11.04 · 12.03] |
|
-1.02 σ |
Undervalued
|
| Last 10Y | 10.03 | 0.93 | [8.17 · 9.10 , 10.96 · 11.89] |
|
-1.07 σ |
Undervalued
|
| Last 11Y | 9.91 | 0.88 | [8.14 · 9.02 , 10.79 · 11.67] |
|
-0.98 σ |
Fair
|
| Last 12Y | 9.77 | 0.90 | [7.97 · 8.87 , 10.67 · 11.56] |
|
-0.81 σ |
Fair
|
| Last 13Y | 9.64 | 0.88 | [7.88 · 8.76 , 10.52 · 11.40] |
|
-0.69 σ |
Fair
|
| Last 14Y | 9.61 | 0.85 | [7.92 · 8.76 , 10.46 · 11.31] |
|
-0.68 σ |
Fair
|
| Last 15Y | 9.60 | 0.82 | [7.96 · 8.78 , 10.43 · 11.25] |
|
-0.69 σ |
Fair
|
| Last 16Y | 9.68 | 0.86 | [7.97 · 8.82 , 10.53 · 11.39] |
|
-0.75 σ |
Fair
|
| Last 17Y | 9.71 | 0.88 | [7.96 · 8.84 , 10.59 · 11.47] |
|
-0.77 σ |
Fair
|
| Last 18Y | 9.81 | 0.93 | [7.95 · 8.88 , 10.74 · 11.67] |
|
-0.83 σ |
Fair
|
| Last 19Y | 9.82 | 0.89 | [8.03 · 8.93 , 10.71 · 11.61] |
|
-0.87 σ |
Fair
|
| Last 20Y | 9.75 | 0.92 | [7.92 · 8.83 , 10.67 · 11.59] |
|
-0.78 σ |
Fair
|
P/E Comparison
How is the South Korea 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 | |||
|
|
South Korea | 9.04 |
|
-3.29 σ | -1.38 σ | -1.07 σ | -0.78 σ | |
| All World | 20.46 |
|
+0.66 σ | +1.89 σ | +2.96 σ | +3.83 σ | ||
| Emerging Markets | 13.29 |
|
-1.00 σ | -0.22 σ | +0.02 σ | +0.49 σ | ||
South Korea Stock Market Trend
Trend is evaluated considering the price of the EWY Etf and its 200/50-day moving averages (SMA).
Swipe left to see all data
| Trend | Indicator | Valuation | Margin | |
|---|---|---|---|---|
| Long Term | Price vs SMA200 | -17.07% | 20 Dec | |
| Short Term | Price vs SMA50 | -10.15% | 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.