9.29
Last update: 03 May 2024
The estimated P/E Ratio for China Stock Market is 9.29, calculated on 03 May 2024.
Considering the last 5 years, an average P/E interval is [9.38 , 13.29]. For this reason, the current P/E can be considered Undervalued
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.
03 May 2024 · P/E Ratio: 9.29
03 May 2024 · P/E Ratio: 9.29 ·
1Y Average: 8.77 ·
1 Std Dev range: [8.36 , 9.18] ·
2 Std Dev range: [7.94 , 9.60]
03 May 2024 · P/E Ratio: 9.29 ·
5Y Average: 11.34 ·
1 Std Dev range: [9.38 , 13.29] ·
2 Std Dev range: [7.43 , 15.24]
03 May 2024 · P/E Ratio: 9.29 ·
10Y Average: 11.02 ·
1 Std Dev range: [9.54 , 12.50] ·
2 Std Dev range: [8.06 , 13.98]
03 May 2024 · P/E Ratio: 9.29 ·
20Y Average: 11.08 ·
1 Std Dev range: [9.43 , 12.73] ·
2 Std Dev range: [7.78 , 14.38]
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".
03 May 2024 · P/E Ratio: 9.29 · 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 ( 9.29 ) |
Deviation vs μ |
Valuation |
| Last 1Y | 8.77 | 0.41 | [7.94 · 8.36 , 9.18 · 9.60] |
|
+1.26 σ |
Overvalued
|
| Last 2Y | 9.30 | 0.67 | [7.96 · 8.63 , 9.97 · 10.64] |
|
-0.01 σ |
Fair
|
| Last 3Y | 10.02 | 1.33 | [7.35 · 8.69 , 11.36 · 12.69] |
|
-0.55 σ |
Fair
|
| Last 4Y | 11.30 | 2.25 | [6.81 · 9.05 , 13.55 · 15.80] |
|
-0.90 σ |
Fair
|
| Last 5Y | 11.34 | 1.95 | [7.43 · 9.38 , 13.29 · 15.24] |
|
-1.05 σ |
Undervalued
|
| Last 6Y | 11.19 | 1.68 | [7.84 · 9.52 , 12.87 · 14.55] |
|
-1.13 σ |
Undervalued
|
| Last 7Y | 11.50 | 1.63 | [8.25 · 9.87 , 13.13 · 14.76] |
|
-1.36 σ |
Undervalued
|
| Last 8Y | 11.46 | 1.42 | [8.61 · 10.04 , 12.88 · 14.30] |
|
-1.52 σ |
Undervalued
|
| Last 9Y | 11.22 | 1.42 | [8.37 · 9.79 , 12.64 · 14.07] |
|
-1.35 σ |
Undervalued
|
| Last 10Y | 11.02 | 1.48 | [8.06 · 9.54 , 12.50 · 13.98] |
|
-1.17 σ |
Undervalued
|
| Last 11Y | 10.71 | 1.50 | [7.71 · 9.21 , 12.21 · 13.71] |
|
-0.95 σ |
Fair
|
| Last 12Y | 10.53 | 1.49 | [7.56 · 9.04 , 12.02 · 13.51] |
|
-0.83 σ |
Fair
|
| Last 13Y | 10.36 | 1.44 | [7.48 · 8.92 , 11.80 · 13.24] |
|
-0.74 σ |
Fair
|
| Last 14Y | 10.47 | 1.41 | [7.65 · 9.06 , 11.89 · 13.30] |
|
-0.84 σ |
Fair
|
| Last 15Y | 10.76 | 1.59 | [7.58 · 9.17 , 12.35 · 13.95] |
|
-0.92 σ |
Fair
|
| Last 16Y | 10.73 | 1.58 | [7.58 · 9.16 , 12.31 · 13.88] |
|
-0.91 σ |
Fair
|
| Last 17Y | 10.98 | 1.75 | [7.48 · 9.23 , 12.72 · 14.47] |
|
-0.97 σ |
Fair
|
| Last 18Y | 11.11 | 1.78 | [7.55 · 9.33 , 12.88 · 14.66] |
|
-1.02 σ |
Undervalued
|
| Last 19Y | 11.08 | 1.71 | [7.66 · 9.37 , 12.79 · 14.50] |
|
-1.05 σ |
Undervalued
|
| Last 20Y | 11.08 | 1.65 | [7.78 · 9.43 , 12.73 · 14.38] |
|
-1.09 σ |
Undervalued
|
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 | 9.29 |
|
+1.26 σ | -1.05 σ | -1.17 σ | -1.09 σ | |
| All World | 20.50 |
|
+4.16 σ | +2.37 σ | +3.77 σ | +4.38 σ | ||
| Emerging Markets | 14.10 |
|
+3.63 σ | +0.49 σ | +1.11 σ | +1.33 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 | +8.64% | 03 May | |
| Short Term | Price vs SMA50 | +12.26% | 03 May |
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.