Developed ex-US Stocks: current P/E Ratio

15.43
Last update: 21 October 2024

The estimated P/E Ratio for Developed ex-US Stocks is 15.43, calculated on 21 October 2024.

Considering the last 5 years, an average P/E interval is [13.49 , 16.14]. For this reason, the current P/E can be considered Fair

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.

21 October 2024 · P/E Ratio: 15.43
21 October 2024 · P/E Ratio: 15.43 · 1Y Average: 14.79 · 1 Std Dev range: [13.67 , 15.90] · 2 Std Dev range: [12.56 , 17.02]
21 October 2024 · P/E Ratio: 15.43 · 5Y Average: 14.82 · 1 Std Dev range: [13.49 , 16.14] · 2 Std Dev range: [12.17 , 17.46]
21 October 2024 · P/E Ratio: 15.43 · 10Y Average: 14.39 · 1 Std Dev range: [13.48 , 15.31] · 2 Std Dev range: [12.56 , 16.23]
21 October 2024 · P/E Ratio: 15.43 · 20Y Average: 13.52 · 1 Std Dev range: [12.40 , 14.64] · 2 Std Dev range: [11.29 , 15.76]
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".
21 October 2024 · P/E Ratio: 15.43 · 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
( 15.43 )		 Deviation
vs μ		 Valuation
Last 1Y 14.79 1.11 [12.56 · 13.67 , 15.90 · 17.02]
+0.57 σ
Fair
Last 2Y 13.94 0.93 [12.08 · 13.01 , 14.87 · 15.80]
+1.60 σ
Overvalued
Last 3Y 13.80 0.95 [11.90 · 12.85 , 14.75 · 15.70]
+1.71 σ
Overvalued
Last 4Y 14.57 1.36 [11.85 · 13.21 , 15.93 · 17.29]
+0.63 σ
Fair
Last 5Y 14.82 1.32 [12.17 · 13.49 , 16.14 · 17.46]
+0.46 σ
Fair
Last 6Y 14.41 1.30 [11.81 · 13.11 , 15.71 · 17.01]
+0.78 σ
Fair
Last 7Y 14.35 1.17 [12.02 · 13.19 , 15.52 · 16.69]
+0.92 σ
Fair
Last 8Y 14.36 1.00 [12.35 · 13.36 , 15.37 · 16.37]
+1.06 σ
Overvalued
Last 9Y 14.33 0.92 [12.49 · 13.41 , 15.25 · 16.16]
+1.20 σ
Overvalued
Last 10Y 14.39 0.92 [12.56 · 13.48 , 15.31 · 16.23]
+1.13 σ
Overvalued
Last 11Y 14.28 0.84 [12.59 · 13.43 , 15.12 · 15.97]
+1.36 σ
Overvalued
Last 12Y 14.12 0.90 [12.33 · 13.22 , 15.01 · 15.91]
+1.46 σ
Overvalued
Last 13Y 13.91 1.00 [11.92 · 12.91 , 14.90 · 15.90]
+1.53 σ
Overvalued
Last 14Y 13.68 1.16 [11.36 · 12.52 , 14.85 · 16.01]
+1.50 σ
Overvalued
Last 15Y 13.62 1.18 [11.27 · 12.45 , 14.80 · 15.97]
+1.54 σ
Overvalued
Last 16Y 13.54 1.21 [11.12 · 12.33 , 14.75 · 15.96]
+1.56 σ
Overvalued
Last 17Y 13.42 1.25 [10.91 · 12.16 , 14.67 · 15.92]
+1.61 σ
Overvalued
Last 18Y 13.43 1.19 [11.05 · 12.24 , 14.62 · 15.81]
+1.68 σ
Overvalued
Last 19Y 13.45 1.15 [11.16 · 12.30 , 14.60 · 15.75]
+1.72 σ
Overvalued
Last 20Y 13.52 1.12 [11.29 · 12.40 , 14.64 · 15.76]
+1.70 σ
Overvalued

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 +2.41% 21 Oct
Short Term Price vs SMA50 -0.93% 21 Oct
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.