9.58
Last update: 20 November 2024
The estimated P/E Ratio for China Stock Market is 9.58, calculated on 20 November 2024.
Considering the last 5 years, an average P/E interval is [9.14 , 13.25]. For this reason, the current P/E can be considered Fair
P/E Ratio is calculated on the FXI Etf, whose benchmark is the China 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 China 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 November 2024 · P/E Ratio: 9.58
20 November 2024 · P/E Ratio: 9.58 ·
1Y Average: 8.88 ·
1 Std Dev range: [8.51 , 9.25] ·
2 Std Dev range: [8.14 , 9.61]
20 November 2024 · P/E Ratio: 9.58 ·
5Y Average: 11.19 ·
1 Std Dev range: [9.14 , 13.25] ·
2 Std Dev range: [7.08 , 15.30]
20 November 2024 · P/E Ratio: 9.58 ·
10Y Average: 11.06 ·
1 Std Dev range: [9.62 , 12.51] ·
2 Std Dev range: [8.18 , 13.95]
20 November 2024 · P/E Ratio: 9.58 ·
20Y Average: 11.05 ·
1 Std Dev range: [9.38 , 12.73] ·
2 Std Dev range: [7.70 , 14.40]
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 November 2024 · P/E Ratio: 9.58 · 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 ( 9.58 ) |
Deviation vs μ |
Valuation |
| Last 1Y | 8.88 | 0.37 | [8.14 · 8.51 , 9.25 · 9.61] |
|
+1.92 σ |
Overvalued
|
| Last 2Y | 9.11 | 0.44 | [8.23 · 8.67 , 9.55 · 9.99] |
|
+1.08 σ |
Overvalued
|
| Last 3Y | 9.46 | 0.80 | [7.87 · 8.66 , 10.25 · 11.05] |
|
+0.16 σ |
Fair
|
| Last 4Y | 10.53 | 1.87 | [6.80 · 8.66 , 12.40 · 14.27] |
|
-0.51 σ |
Fair
|
| Last 5Y | 11.19 | 2.05 | [7.08 · 9.14 , 13.25 · 15.30] |
|
-0.78 σ |
Fair
|
| Last 6Y | 11.01 | 1.75 | [7.51 · 9.26 , 12.76 · 14.51] |
|
-0.82 σ |
Fair
|
| Last 7Y | 11.20 | 1.67 | [7.86 · 9.53 , 12.87 · 14.54] |
|
-0.97 σ |
Fair
|
| Last 8Y | 11.32 | 1.52 | [8.28 · 9.80 , 12.84 · 14.36] |
|
-1.14 σ |
Undervalued
|
| Last 9Y | 11.20 | 1.43 | [8.34 · 9.77 , 12.63 · 14.06] |
|
-1.13 σ |
Undervalued
|
| Last 10Y | 11.06 | 1.44 | [8.18 · 9.62 , 12.51 · 13.95] |
|
-1.03 σ |
Undervalued
|
| Last 11Y | 10.76 | 1.46 | [7.84 · 9.30 , 12.22 · 13.68] |
|
-0.81 σ |
Fair
|
| Last 12Y | 10.58 | 1.45 | [7.68 · 9.13 , 12.03 · 13.48] |
|
-0.69 σ |
Fair
|
| Last 13Y | 10.37 | 1.43 | [7.51 · 8.94 , 11.80 · 13.23] |
|
-0.55 σ |
Fair
|
| Last 14Y | 10.37 | 1.40 | [7.57 · 8.97 , 11.77 · 13.17] |
|
-0.56 σ |
Fair
|
| Last 15Y | 10.59 | 1.49 | [7.60 · 9.09 , 12.08 · 13.57] |
|
-0.67 σ |
Fair
|
| Last 16Y | 10.66 | 1.55 | [7.56 · 9.11 , 12.20 · 13.75] |
|
-0.69 σ |
Fair
|
| Last 17Y | 10.79 | 1.63 | [7.53 · 9.16 , 12.43 · 14.06] |
|
-0.74 σ |
Fair
|
| Last 18Y | 11.02 | 1.79 | [7.43 · 9.23 , 12.81 · 14.60] |
|
-0.80 σ |
Fair
|
| Last 19Y | 11.05 | 1.74 | [7.58 · 9.32 , 12.79 · 14.52] |
|
-0.84 σ |
Fair
|
| Last 20Y | 11.05 | 1.68 | [7.70 · 9.38 , 12.73 · 14.40] |
|
-0.88 σ |
Fair
|
P/E Comparison
How is the China 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 | |||
|
|
China | 9.58 |
|
+1.92 σ | -0.78 σ | -1.03 σ | -0.88 σ | |
| All World | 21.24 |
|
+1.65 σ | +2.51 σ | +3.63 σ | +4.41 σ | ||
| Emerging Markets | 14.18 |
|
+0.77 σ | +0.36 σ | +0.96 σ | +1.29 σ | ||
China Stock Market Trend
Trend is evaluated considering the price of the FXI Etf and its 200/50-day moving averages (SMA).
Swipe left to see all data
| Trend | Indicator | Valuation | Margin | |
|---|---|---|---|---|
| Long Term | Price vs SMA200 | +13.41% | 20 Nov | |
| Short Term | Price vs SMA50 | -2.01% | 20 Nov |
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.