Asia ex-Japan Stocks: current P/E Ratio

15.43
Last update: 17 January 2025

The estimated P/E Ratio for Asia ex-Japan Stocks is 15.43, calculated on 17 January 2025.

Considering the last 5 years, an average P/E interval is [13.01 , 15.94]. For this reason, the current P/E can be considered Fair

P/E Ratio is calculated on the AAXJ Etf, whose benchmark is the Asia ex-Japan Stocks.

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 Asia ex-Japan Stocks P/E Ratio has changed over time. Furthermore, for some trailing timeframes, you can view the average P/E and standard deviation.

17 January 2025 · P/E Ratio: 15.43
17 January 2025 · P/E Ratio: 15.43 · 1Y Average: 15.13 · 1 Std Dev range: [14.56 , 15.70] · 2 Std Dev range: [13.98 , 16.28]
17 January 2025 · P/E Ratio: 15.43 · 5Y Average: 14.48 · 1 Std Dev range: [13.01 , 15.94] · 2 Std Dev range: [11.55 , 17.40]
17 January 2025 · P/E Ratio: 15.43 · 10Y Average: 13.74 · 1 Std Dev range: [12.71 , 14.77] · 2 Std Dev range: [11.67 , 15.81]
17 January 2025 · P/E Ratio: 15.43 · 20Y Average: 13.22 · 1 Std Dev range: [12.05 , 14.39] · 2 Std Dev range: [10.88 , 15.56]
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".
17 January 2025 · P/E Ratio: 15.43 · 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
( 15.43 )		 Deviation
vs μ		 Valuation
Last 1Y 15.13 0.57 [13.98 · 14.56 , 15.70 · 16.28]
+0.52 σ
Fair
Last 2Y 14.05 1.06 [11.92 · 12.99 , 15.11 · 16.18]
+1.30 σ
Overvalued
Last 3Y 13.45 1.01 [11.42 · 12.43 , 14.46 · 15.47]
+1.95 σ
Overvalued
Last 4Y 14.10 1.31 [11.48 · 12.79 , 15.41 · 16.71]
+1.02 σ
Overvalued
Last 5Y 14.48 1.46 [11.55 · 13.01 , 15.94 · 17.40]
+0.65 σ
Fair
Last 6Y 14.17 1.33 [11.51 · 12.84 , 15.49 · 16.82]
+0.95 σ
Fair
Last 7Y 14.02 1.25 [11.52 · 12.77 , 15.26 · 16.51]
+1.13 σ
Overvalued
Last 8Y 13.98 1.08 [11.81 · 12.90 , 15.06 · 16.15]
+1.34 σ
Overvalued
Last 9Y 13.83 1.04 [11.74 · 12.78 , 14.87 · 15.92]
+1.53 σ
Overvalued
Last 10Y 13.74 1.03 [11.67 · 12.71 , 14.77 · 15.81]
+1.63 σ
Overvalued
Last 11Y 13.53 1.03 [11.46 · 12.49 , 14.56 · 15.59]
+1.84 σ
Overvalued
Last 12Y 13.36 1.06 [11.23 · 12.29 , 14.42 · 15.48]
+1.95 σ
Overvalued
Last 13Y 13.16 1.09 [10.99 · 12.07 , 14.25 · 15.33]
+2.09 σ
Expensive
Last 14Y 13.03 1.09 [10.84 · 11.94 , 14.12 · 15.22]
+2.19 σ
Expensive
Last 15Y 13.06 1.06 [10.95 · 12.00 , 14.12 · 15.17]
+2.24 σ
Expensive
Last 16Y 13.17 1.14 [10.89 · 12.03 , 14.31 · 15.44]
+1.99 σ
Overvalued
Last 17Y 13.13 1.15 [10.84 · 11.98 , 14.28 · 15.43]
+2.00 σ
Overvalued
Last 18Y 13.26 1.22 [10.82 · 12.04 , 14.49 · 15.71]
+1.77 σ
Overvalued
Last 19Y 13.26 1.19 [10.89 · 12.07 , 14.45 · 15.64]
+1.82 σ
Overvalued
Last 20Y 13.22 1.17 [10.88 · 12.05 , 14.39 · 15.56]
+1.89 σ
Overvalued

Asia ex-Japan Stocks Trend

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

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Trend Indicator Valuation Margin
Long Term Price vs SMA200 -1.36% 17 Jan
Short Term Price vs SMA50 -2.55% 17 Jan
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.