Emerging Markets Stocks: current P/E Ratio

14.18
Last update: 20 November 2024

The estimated P/E Ratio for Emerging Markets Stocks is 14.18, calculated on 20 November 2024.

Considering the last 5 years, an average P/E interval is [12.07 , 15.17]. For this reason, the current P/E can be considered Fair

P/E Ratio is calculated on the EEM Etf, whose benchmark is the Emerging Markets 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 Emerging Markets Stocks P/E Ratio has changed over time. Furthermore, for some trailing timeframes, you can view the average P/E and standard deviation.

20 November 2024 · P/E Ratio: 14.18
20 November 2024 · P/E Ratio: 14.18 · 1Y Average: 13.68 · 1 Std Dev range: [13.04 , 14.33] · 2 Std Dev range: [12.39 , 14.97]
20 November 2024 · P/E Ratio: 14.18 · 5Y Average: 13.62 · 1 Std Dev range: [12.07 , 15.17] · 2 Std Dev range: [10.52 , 16.72]
20 November 2024 · P/E Ratio: 14.18 · 10Y Average: 13.25 · 1 Std Dev range: [12.29 , 14.21] · 2 Std Dev range: [11.33 , 15.17]
20 November 2024 · P/E Ratio: 14.18 · 20Y Average: 12.74 · 1 Std Dev range: [11.62 , 13.85] · 2 Std Dev range: [10.51 , 14.97]
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".
20 November 2024 · P/E Ratio: 14.18 · 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
( 14.18 )		 Deviation
vs μ		 Valuation
Last 1Y 13.68 0.65 [12.39 · 13.04 , 14.33 · 14.97]
+0.77 σ
Fair
Last 2Y 12.55 1.03 [10.49 · 11.52 , 13.59 · 14.62]
+1.57 σ
Overvalued
Last 3Y 12.41 0.94 [10.53 · 11.47 , 13.35 · 14.30]
+1.88 σ
Overvalued
Last 4Y 13.21 1.43 [10.36 · 11.79 , 14.64 · 16.06]
+0.68 σ
Fair
Last 5Y 13.62 1.55 [10.52 · 12.07 , 15.17 · 16.72]
+0.36 σ
Fair
Last 6Y 13.37 1.34 [10.68 · 12.02 , 14.71 · 16.05]
+0.60 σ
Fair
Last 7Y 13.39 1.22 [10.94 · 12.17 , 14.61 · 15.83]
+0.65 σ
Fair
Last 8Y 13.38 1.06 [11.26 · 12.32 , 14.45 · 15.51]
+0.75 σ
Fair
Last 9Y 13.30 0.98 [11.33 · 12.31 , 14.28 · 15.27]
+0.89 σ
Fair
Last 10Y 13.25 0.96 [11.33 · 12.29 , 14.21 · 15.17]
+0.96 σ
Fair
Last 11Y 13.07 0.94 [11.19 · 12.13 , 14.02 · 14.96]
+1.17 σ
Overvalued
Last 12Y 12.91 0.97 [10.97 · 11.94 , 13.88 · 14.86]
+1.30 σ
Overvalued
Last 13Y 12.72 1.02 [10.69 · 11.70 , 13.74 · 14.76]
+1.43 σ
Overvalued
Last 14Y 12.62 1.02 [10.57 · 11.59 , 13.64 · 14.66]
+1.53 σ
Overvalued
Last 15Y 12.67 1.01 [10.65 · 11.66 , 13.68 · 14.69]
+1.49 σ
Overvalued
Last 16Y 12.72 1.08 [10.56 · 11.64 , 13.80 · 14.87]
+1.35 σ
Overvalued
Last 17Y 12.73 1.11 [10.51 · 11.62 , 13.84 · 14.95]
+1.30 σ
Overvalued
Last 18Y 12.84 1.15 [10.54 · 11.69 , 13.99 · 15.13]
+1.17 σ
Overvalued
Last 19Y 12.80 1.12 [10.56 · 11.68 , 13.91 · 15.03]
+1.24 σ
Overvalued
Last 20Y 12.74 1.11 [10.51 · 11.62 , 13.85 · 14.97]
+1.29 σ
Overvalued

Emerging Markets Stocks Trend

Trend is evaluated considering the price of the EEM Etf and its 200/50-day moving averages (SMA).

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Trend Indicator Valuation Margin
Long Term Price vs SMA200 +1.68% 20 Nov
Short Term Price vs SMA50 -3.46% 20 Nov
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.