Developed ex-US Stocks: current P/E Ratio

16.25
Last update: 17 May 2024

The estimated P/E Ratio for Developed ex-US Stocks is 16.25, calculated on 17 May 2024.

Considering the last 5 years, an average P/E interval is [13.26 , 15.74]. 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.

17 May 2024 · P/E Ratio: 16.25
17 May 2024 · P/E Ratio: 16.25 · 1Y Average: 13.81 · 1 Std Dev range: [13.35 , 14.28] · 2 Std Dev range: [12.88 , 14.74]
17 May 2024 · P/E Ratio: 16.25 · 5Y Average: 14.50 · 1 Std Dev range: [13.26 , 15.74] · 2 Std Dev range: [12.02 , 16.97]
17 May 2024 · P/E Ratio: 16.25 · 10Y Average: 14.27 · 1 Std Dev range: [13.46 , 15.08] · 2 Std Dev range: [12.65 , 15.89]
17 May 2024 · P/E Ratio: 16.25 · 20Y Average: 13.52 · 1 Std Dev range: [12.41 , 14.63] · 2 Std Dev range: [11.29 , 15.75]
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".
17 May 2024 · P/E Ratio: 16.25 · 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
( 16.25 )		 Deviation
vs μ		 Valuation
Last 1Y 13.81 0.47 [12.88 · 13.35 , 14.28 · 14.74]
+5.25 σ
Expensive
Last 2Y 13.19 0.70 [11.80 · 12.50 , 13.89 · 14.59]
+4.39 σ
Expensive
Last 3Y 13.82 0.97 [11.88 · 12.85 , 14.78 · 15.75]
+2.51 σ
Expensive
Last 4Y 14.59 1.39 [11.82 · 13.20 , 15.97 · 17.36]
+1.20 σ
Overvalued
Last 5Y 14.50 1.24 [12.02 · 13.26 , 15.74 · 16.97]
+1.42 σ
Overvalued
Last 6Y 14.17 1.15 [11.88 · 13.02 , 15.31 · 16.46]
+1.82 σ
Overvalued
Last 7Y 14.23 1.02 [12.20 · 13.21 , 15.25 · 16.26]
+1.99 σ
Overvalued
Last 8Y 14.23 0.86 [12.51 · 13.37 , 15.09 · 15.95]
+2.35 σ
Expensive
Last 9Y 14.25 0.83 [12.60 · 13.42 , 15.08 · 15.90]
+2.42 σ
Expensive
Last 10Y 14.27 0.81 [12.65 · 13.46 , 15.08 · 15.89]
+2.44 σ
Expensive
Last 11Y 14.14 0.78 [12.57 · 13.35 , 14.92 · 15.70]
+2.70 σ
Expensive
Last 12Y 13.96 0.87 [12.22 · 13.09 , 14.83 · 15.71]
+2.62 σ
Expensive
Last 13Y 13.72 1.04 [11.65 · 12.69 , 14.76 · 15.80]
+2.43 σ
Expensive
Last 14Y 13.52 1.17 [11.17 · 12.35 , 14.69 · 15.86]
+2.33 σ
Expensive
Last 15Y 13.59 1.12 [11.34 · 12.46 , 14.71 · 15.83]
+2.37 σ
Expensive
Last 16Y 13.40 1.22 [10.95 · 12.17 , 14.62 · 15.84]
+2.33 σ
Expensive
Last 17Y 13.36 1.20 [10.95 · 12.16 , 14.56 · 15.77]
+2.40 σ
Expensive
Last 18Y 13.37 1.15 [11.07 · 12.22 , 14.51 · 15.66]
+2.51 σ
Expensive
Last 19Y 13.40 1.11 [11.19 · 12.29 , 14.50 · 15.61]
+2.58 σ
Expensive
Last 20Y 13.52 1.11 [11.29 · 12.41 , 14.63 · 15.75]
+2.45 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).

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Trend Indicator Valuation Margin
Long Term Price vs SMA200 +10.51% 17 May
Short Term Price vs SMA50 +3.51% 17 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.