Emerging Markets Stocks: current P/E Ratio

14.67
Last update: 17 May 2024

The estimated P/E Ratio for Emerging Markets Stocks is 14.67, calculated on 17 May 2024.

Considering the last 5 years, an average P/E interval is [11.94 , 14.83]. 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.

17 May 2024 · P/E Ratio: 14.67
17 May 2024 · P/E Ratio: 14.67 · 1Y Average: 12.39 · 1 Std Dev range: [11.92 , 12.86] · 2 Std Dev range: [11.45 , 13.33]
17 May 2024 · P/E Ratio: 14.67 · 5Y Average: 13.38 · 1 Std Dev range: [11.94 , 14.83] · 2 Std Dev range: [10.49 , 16.28]
17 May 2024 · P/E Ratio: 14.67 · 10Y Average: 13.10 · 1 Std Dev range: [12.19 , 14.00] · 2 Std Dev range: [11.29 , 14.90]
17 May 2024 · P/E Ratio: 14.67 · 20Y Average: 12.63 · 1 Std Dev range: [11.53 , 13.73] · 2 Std Dev range: [10.43 , 14.83]
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: 14.67 · 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
( 14.67 )		 Deviation
vs μ		 Valuation
Last 1Y 12.39 0.47 [11.45 · 11.92 , 12.86 · 13.33]
+4.85 σ
Expensive
Last 2Y 11.86 0.59 [10.69 · 11.27 , 12.45 · 13.04]
+4.78 σ
Expensive
Last 3Y 12.42 0.96 [10.49 · 11.46 , 13.39 · 14.35]
+2.33 σ
Expensive
Last 4Y 13.39 1.65 [10.09 · 11.74 , 15.03 · 16.68]
+0.78 σ
Fair
Last 5Y 13.38 1.45 [10.49 · 11.94 , 14.83 · 16.28]
+0.89 σ
Fair
Last 6Y 13.16 1.24 [10.69 · 11.93 , 14.40 · 15.64]
+1.22 σ
Overvalued
Last 7Y 13.32 1.14 [11.04 · 12.18 , 14.46 · 15.60]
+1.18 σ
Overvalued
Last 8Y 13.27 0.97 [11.33 · 12.30 , 14.24 · 15.21]
+1.45 σ
Overvalued
Last 9Y 13.15 0.92 [11.31 · 12.23 , 14.08 · 15.00]
+1.65 σ
Overvalued
Last 10Y 13.10 0.90 [11.29 · 12.19 , 14.00 · 14.90]
+1.75 σ
Overvalued
Last 11Y 12.90 0.91 [11.07 · 11.98 , 13.81 · 14.73]
+1.94 σ
Overvalued
Last 12Y 12.74 0.96 [10.82 · 11.78 , 13.70 · 14.65]
+2.02 σ
Expensive
Last 13Y 12.56 1.00 [10.55 · 11.56 , 13.56 · 14.56]
+2.11 σ
Expensive
Last 14Y 12.51 0.95 [10.61 · 11.56 , 13.47 · 14.42]
+2.27 σ
Expensive
Last 15Y 12.69 1.04 [10.60 · 11.64 , 13.73 · 14.78]
+1.90 σ
Overvalued
Last 16Y 12.61 1.05 [10.51 · 11.56 , 13.66 · 14.71]
+1.96 σ
Overvalued
Last 17Y 12.75 1.13 [10.48 · 11.61 , 13.88 · 15.01]
+1.70 σ
Overvalued
Last 18Y 12.76 1.11 [10.55 · 11.65 , 13.86 · 14.97]
+1.73 σ
Overvalued
Last 19Y 12.69 1.09 [10.52 · 11.61 , 13.78 · 14.87]
+1.82 σ
Overvalued
Last 20Y 12.63 1.10 [10.43 · 11.53 , 13.73 · 14.83]
+1.86 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 +10.69% 17 May
Short Term Price vs SMA50 +5.95% 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.