The estimated P/E Ratio for Developed ex-US Stocks is 17.36, calculated on 21 February 2025.
Considering the last 5 years, an average P/E interval is [13.57 , 16.30]. 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 ( 17.36 ) |
Deviation vs μ |
Valuation |
Last 1Y | 15.75 | 0.74 | [14.27 · 15.01 , 16.49 · 17.23] |
|
+2.18 σ |
Expensive
|
Last 2Y | 14.58 | 1.02 | [12.53 · 13.55 , 15.60 · 16.62] |
|
+2.72 σ |
Expensive
|
Last 3Y | 13.83 | 1.01 | [11.82 · 12.83 , 14.84 · 15.84] |
|
+3.51 σ |
Expensive
|
Last 4Y | 14.48 | 1.25 | [11.98 · 13.23 , 15.73 · 16.98] |
|
+2.31 σ |
Expensive
|
Last 5Y | 14.94 | 1.36 | [12.21 · 13.57 , 16.30 · 17.66] |
|
+1.78 σ |
Overvalued
|
Last 6Y | 14.64 | 1.27 | [12.09 · 13.36 , 15.91 · 17.19] |
|
+2.14 σ |
Expensive
|
Last 7Y | 14.41 | 1.23 | [11.95 · 13.18 , 15.64 · 16.87] |
|
+2.40 σ |
Expensive
|
Last 8Y | 14.43 | 1.07 | [12.29 · 13.36 , 15.50 · 16.57] |
|
+2.74 σ |
Expensive
|
Last 9Y | 14.40 | 0.97 | [12.46 · 13.43 , 15.37 · 16.34] |
|
+3.05 σ |
Expensive
|
Last 10Y | 14.49 | 0.95 | [12.58 · 13.54 , 15.44 · 16.39] |
|
+3.01 σ |
Expensive
|
Last 11Y | 14.37 | 0.89 | [12.60 · 13.48 , 15.25 · 16.14] |
|
+3.38 σ |
Expensive
|
Last 12Y | 14.23 | 0.90 | [12.43 · 13.33 , 15.13 · 16.03] |
|
+3.47 σ |
Expensive
|
Last 13Y | 14.03 | 0.97 | [12.09 · 13.06 , 15.00 · 15.98] |
|
+3.43 σ |
Expensive
|
Last 14Y | 13.81 | 1.15 | [11.52 · 12.66 , 14.96 · 16.10] |
|
+3.10 σ |
Expensive
|
Last 15Y | 13.67 | 1.23 | [11.22 · 12.45 , 14.90 · 16.12] |
|
+3.01 σ |
Expensive
|
Last 16Y | 13.66 | 1.19 | [11.29 · 12.47 , 14.84 · 16.03] |
|
+3.12 σ |
Expensive
|
Last 17Y | 13.48 | 1.30 | [10.89 · 12.18 , 14.77 · 16.07] |
|
+3.00 σ |
Expensive
|
Last 18Y | 13.47 | 1.23 | [11.01 · 12.24 , 14.70 · 15.92] |
|
+3.17 σ |
Expensive
|
Last 19Y | 13.49 | 1.18 | [11.12 · 12.30 , 14.67 · 15.85] |
|
+3.28 σ |
Expensive
|
Last 20Y | 13.53 | 1.13 | [11.27 · 12.40 , 14.67 · 15.80] |
|
+3.38 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 | +2.33% | 21 Feb | |
Short Term | Price vs SMA50 | +4.26% | 21 Feb |