Emerging Markets Stocks: current P/E Ratio

13.91
Last update: 26 July 2024

The estimated P/E Ratio for Emerging Markets Stocks is 13.91, calculated on 26 July 2024.

Considering the last 5 years, an average P/E interval is [11.98 , 14.89]. 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.

26 July 2024 · P/E Ratio: 13.91
26 July 2024 · P/E Ratio: 13.91 · 1Y Average: 12.86 · 1 Std Dev range: [12.30 , 13.42] · 2 Std Dev range: [11.74 , 13.98]
26 July 2024 · P/E Ratio: 13.91 · 5Y Average: 13.43 · 1 Std Dev range: [11.98 , 14.89] · 2 Std Dev range: [10.52 , 16.34]
26 July 2024 · P/E Ratio: 13.91 · 10Y Average: 13.14 · 1 Std Dev range: [12.24 , 14.04] · 2 Std Dev range: [11.33 , 14.94]
26 July 2024 · P/E Ratio: 13.91 · 20Y Average: 12.66 · 1 Std Dev range: [11.56 , 13.76] · 2 Std Dev range: [10.47 , 14.86]
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".
26 July 2024 · P/E Ratio: 13.91 · Last Periods metrics
Show all periods
Swipe left to see all data
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
( 13.91 )		 Deviation
vs μ		 Valuation
Last 1Y 12.86 0.56 [11.74 · 12.30 , 13.42 · 13.98]
+1.88 σ
Overvalued
Last 2Y 12.01 0.74 [10.52 · 11.27 , 12.76 · 13.50]
+2.55 σ
Expensive
Last 3Y 12.41 0.95 [10.52 · 11.47 , 13.36 · 14.31]
+1.58 σ
Overvalued
Last 4Y 13.32 1.57 [10.17 · 11.74 , 14.89 · 16.47]
+0.38 σ
Fair
Last 5Y 13.43 1.45 [10.52 · 11.98 , 14.89 · 16.34]
+0.33 σ
Fair
Last 6Y 13.19 1.25 [10.69 · 11.94 , 14.44 · 15.69]
+0.58 σ
Fair
Last 7Y 13.33 1.15 [11.04 · 12.19 , 14.48 · 15.63]
+0.50 σ
Fair
Last 8Y 13.30 0.98 [11.35 · 12.33 , 14.28 · 15.26]
+0.62 σ
Fair
Last 9Y 13.17 0.93 [11.31 · 12.24 , 14.10 · 15.03]
+0.80 σ
Fair
Last 10Y 13.14 0.90 [11.33 · 12.24 , 14.04 · 14.94]
+0.85 σ
Fair
Last 11Y 12.95 0.91 [11.13 · 12.04 , 13.86 · 14.77]
+1.06 σ
Overvalued
Last 12Y 12.79 0.95 [10.88 · 11.84 , 13.74 · 14.70]
+1.18 σ
Overvalued
Last 13Y 12.60 1.01 [10.59 · 11.60 , 13.61 · 14.62]
+1.30 σ
Overvalued
Last 14Y 12.55 0.97 [10.61 · 11.58 , 13.52 · 14.48]
+1.41 σ
Overvalued
Last 15Y 12.67 1.02 [10.63 · 11.65 , 13.70 · 14.72]
+1.21 σ
Overvalued
Last 16Y 12.62 1.06 [10.50 · 11.56 , 13.68 · 14.74]
+1.21 σ
Overvalued
Last 17Y 12.74 1.12 [10.49 · 11.62 , 13.86 · 14.99]
+1.04 σ
Overvalued
Last 18Y 12.78 1.11 [10.56 · 11.67 , 13.89 · 15.00]
+1.02 σ
Overvalued
Last 19Y 12.73 1.09 [10.55 · 11.64 , 13.81 · 14.90]
+1.09 σ
Overvalued
Last 20Y 12.66 1.10 [10.47 · 11.56 , 13.76 · 14.86]
+1.14 σ
Overvalued

Emerging Markets Stocks Trend

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

Swipe left to see all data
Trend Indicator Valuation Margin
Long Term Price vs SMA200 +4.59% 26 Jul
Short Term Price vs SMA50 -1.24% 26 Jul
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.