Asia ex-Japan Stocks: current P/E Ratio

14.50
Last update: 20 December 2024

The estimated P/E Ratio for Asia ex-Japan Stocks is 14.50, calculated on 20 December 2024.

Considering the last 5 years, an average P/E interval is [13.00 , 15.93]. 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.

20 December 2024 · P/E Ratio: 14.50
20 December 2024 · P/E Ratio: 14.50 · 1Y Average: 15.12 · 1 Std Dev range: [14.52 , 15.71] · 2 Std Dev range: [13.93 , 16.30]
20 December 2024 · P/E Ratio: 14.50 · 5Y Average: 14.47 · 1 Std Dev range: [13.00 , 15.93] · 2 Std Dev range: [11.54 , 17.39]
20 December 2024 · P/E Ratio: 14.50 · 10Y Average: 13.72 · 1 Std Dev range: [12.67 , 14.76] · 2 Std Dev range: [11.63 , 15.80]
20 December 2024 · P/E Ratio: 14.50 · 20Y Average: 13.21 · 1 Std Dev range: [12.04 , 14.38] · 2 Std Dev range: [10.88 , 15.54]
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".
20 December 2024 · P/E Ratio: 14.50 · 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
( 14.50 )
Deviation
vs μ
Valuation
Last 1Y 15.12 0.59 [13.93 · 14.52 , 15.71 · 16.30]
-1.04 σ
Undervalued
Last 2Y 13.94 1.13 [11.69 · 12.81 , 15.07 · 16.19]
+0.49 σ
Fair
Last 3Y 13.46 1.02 [11.41 · 12.43 , 14.48 · 15.50]
+1.02 σ
Overvalued
Last 4Y 14.17 1.39 [11.39 · 12.78 , 15.55 · 16.94]
+0.24 σ
Fair
Last 5Y 14.47 1.46 [11.54 · 13.00 , 15.93 · 17.39]
+0.02 σ
Fair
Last 6Y 14.13 1.35 [11.43 · 12.78 , 15.48 · 16.83]
+0.27 σ
Fair
Last 7Y 14.02 1.25 [11.52 · 12.77 , 15.26 · 16.51]
+0.38 σ
Fair
Last 8Y 13.96 1.09 [11.79 · 12.87 , 15.05 · 16.14]
+0.49 σ
Fair
Last 9Y 13.81 1.05 [11.70 · 12.75 , 14.86 · 15.91]
+0.65 σ
Fair
Last 10Y 13.72 1.04 [11.63 · 12.68 , 14.76 · 15.80]
+0.75 σ
Fair
Last 11Y 13.50 1.04 [11.42 · 12.46 , 14.54 · 15.59]
+0.95 σ
Fair
Last 12Y 13.33 1.07 [11.20 · 12.27 , 14.40 · 15.47]
+1.09 σ
Overvalued
Last 13Y 13.14 1.09 [10.95 · 12.05 , 14.23 · 15.32]
+1.24 σ
Overvalued
Last 14Y 13.02 1.09 [10.84 · 11.93 , 14.11 · 15.19]
+1.36 σ
Overvalued
Last 15Y 13.06 1.06 [10.94 · 12.00 , 14.12 · 15.18]
+1.36 σ
Overvalued
Last 16Y 13.15 1.14 [10.86 · 12.00 , 14.29 · 15.43]
+1.18 σ
Overvalued
Last 17Y 13.14 1.16 [10.82 · 11.98 , 14.30 · 15.46]
+1.17 σ
Overvalued
Last 18Y 13.27 1.23 [10.81 · 12.04 , 14.50 · 15.72]
+1.00 σ
Fair
Last 19Y 13.25 1.19 [10.88 · 12.06 , 14.44 · 15.62]
+1.05 σ
Overvalued
Last 20Y 13.21 1.17 [10.88 · 12.04 , 14.38 · 15.54]
+1.10 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).

Swipe left to see all data
Trend Indicator Valuation Margin
Long Term Price vs SMA200 +0.09% 20 Dec
Short Term Price vs SMA50 -4.03% 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.