Vietnam Stock Market: current P/E Ratio

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14.10
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Last update: 20 December 2024
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The estimated P/E Ratio for Vietnam Stock Market is 14.10, calculated on 20 December 2024.

Considering the last 5 years, an average P/E interval is [13.17 , 19.39]. For this reason, the current P/E can be considered Fair

P/E Ratio is calculated on the VNM Etf, whose benchmark is the Vietnam Stock Market.

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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 Vietnam 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: 14.10
20 December 2024 · P/E Ratio: 14.10 · 1Y Average: 15.26 · 1 Std Dev range: [14.80 , 15.71] · 2 Std Dev range: [14.35 , 16.16]
20 December 2024 · P/E Ratio: 14.10 · 5Y Average: 16.28 · 1 Std Dev range: [13.17 , 19.39] · 2 Std Dev range: [10.07 , 22.50]
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".
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20 December 2024 · P/E Ratio: 14.10 · 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
( 14.10 )		 Deviation
vs μ		 Valuation
Last 1Y 15.26 0.45 [14.35 · 14.80 , 15.71 · 16.16]
-2.55 σ
Cheap
Last 2Y 13.87 1.54 [10.78 · 12.33 , 15.41 · 16.95]
+0.15 σ
Fair
Last 3Y 13.56 1.92 [9.72 · 11.64 , 15.47 · 17.39]
+0.29 σ
Fair
Last 4Y 15.28 3.26 [8.75 · 12.01 , 18.54 · 21.80]
-0.36 σ
Fair
Last 5Y 16.28 3.11 [10.07 · 13.17 , 19.39 · 22.50]
-0.70 σ
Fair
Last 6Y 16.57 2.61 [11.34 · 13.95 , 19.18 · 21.80]
-0.94 σ
Fair
Last 7Y 17.44 2.98 [11.48 · 14.46 , 20.42 · 23.40]
-1.12 σ
Undervalued
Last 8Y 17.02 2.93 [11.15 · 14.09 , 19.95 · 22.89]
-0.99 σ
Fair
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P/E Comparison

How is the Vietnam 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
Vietnam 14.10
-2.55 σ -0.70 σ - -
All World 20.46
+0.66 σ +1.89 σ +2.96 σ +3.83 σ
Frontier Markets 0.00
- - - -
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