The estimated P/E Ratio for Developed ex-US Stocks is 16.40, calculated on 17 January 2025.
Considering the last 5 years, an average P/E interval is [13.57 , 16.22]. For this reason, the current P/E can be considered Overvalued
P/E Ratio is calculated on the EFA Etf, whose benchmark is the Developed ex-US 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 Developed ex-US Stocks P/E Ratio has changed over time. Furthermore, for some trailing timeframes, you can view the average P/E and standard deviation.
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".
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 ( 16.40 ) |
Deviation vs μ |
Valuation |
Last 1Y | 15.49 | 0.69 | [14.10 · 14.79 , 16.18 · 16.87] |
|
+1.32 σ |
Overvalued
|
Last 2Y | 14.39 | 0.94 | [12.51 · 13.45 , 15.33 · 16.27] |
|
+2.13 σ |
Expensive
|
Last 3Y | 13.80 | 0.94 | [11.92 · 12.86 , 14.73 · 15.67] |
|
+2.78 σ |
Expensive
|
Last 4Y | 14.48 | 1.25 | [11.98 · 13.23 , 15.73 · 16.98] |
|
+1.54 σ |
Overvalued
|
Last 5Y | 14.90 | 1.33 | [12.24 · 13.57 , 16.22 · 17.55] |
|
+1.13 σ |
Overvalued
|
Last 6Y | 14.56 | 1.26 | [12.04 · 13.30 , 15.83 · 17.09] |
|
+1.45 σ |
Overvalued
|
Last 7Y | 14.39 | 1.20 | [11.99 · 13.19 , 15.58 · 16.78] |
|
+1.68 σ |
Overvalued
|
Last 8Y | 14.40 | 1.04 | [12.33 · 13.37 , 15.44 · 16.48] |
|
+1.93 σ |
Overvalued
|
Last 9Y | 14.36 | 0.95 | [12.46 · 13.41 , 15.31 · 16.25] |
|
+2.15 σ |
Expensive
|
Last 10Y | 14.46 | 0.93 | [12.61 · 13.53 , 15.38 · 16.31] |
|
+2.10 σ |
Expensive
|
Last 11Y | 14.34 | 0.86 | [12.61 · 13.48 , 15.20 · 16.06] |
|
+2.39 σ |
Expensive
|
Last 12Y | 14.20 | 0.89 | [12.41 · 13.31 , 15.09 · 15.98] |
|
+2.47 σ |
Expensive
|
Last 13Y | 14.00 | 0.97 | [12.07 · 13.03 , 14.97 · 15.93] |
|
+2.48 σ |
Expensive
|
Last 14Y | 13.78 | 1.14 | [11.49 · 12.63 , 14.92 · 16.06] |
|
+2.29 σ |
Expensive
|
Last 15Y | 13.66 | 1.21 | [11.24 · 12.45 , 14.86 · 16.07] |
|
+2.27 σ |
Expensive
|
Last 16Y | 13.63 | 1.19 | [11.25 · 12.44 , 14.81 · 16.00] |
|
+2.33 σ |
Expensive
|
Last 17Y | 13.45 | 1.28 | [10.89 · 12.17 , 14.74 · 16.02] |
|
+2.30 σ |
Expensive
|
Last 18Y | 13.46 | 1.22 | [11.03 · 12.24 , 14.68 · 15.89] |
|
+2.42 σ |
Expensive
|
Last 19Y | 13.48 | 1.17 | [11.13 · 12.31 , 14.65 · 15.82] |
|
+2.50 σ |
Expensive
|
Last 20Y | 13.53 | 1.13 | [11.27 · 12.40 , 14.66 · 15.79] |
|
+2.54 σ |
Expensive
|
Developed ex-US Stocks Trend
Trend is evaluated considering the price of the EFA Etf and its 200/50-day moving averages (SMA).
Trend | Indicator | Valuation | Margin | |
---|---|---|---|---|
Long Term | Price vs SMA200 | -3.33% | 17 Jan | |
Short Term | Price vs SMA50 | -0.91% | 17 Jan |