Frontier Markets Stocks: current P/E Ratio

60.51
Last update: 17 May 2024

The estimated P/E Ratio for Frontier Markets Stocks is 60.51, calculated on 17 May 2024.

Considering the last 5 years, an average P/E interval is [13.15 , 15.72]. For this reason, the current P/E can be considered Expensive

P/E Ratio is calculated on the EMFM Etf, whose benchmark is the Frontier 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 Frontier 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: 60.51
17 May 2024 · P/E Ratio: 60.51 · 1Y Average: 12.12 · 1 Std Dev range: [11.71 , 12.53] · 2 Std Dev range: [11.30 , 12.93]
17 May 2024 · P/E Ratio: 60.51 · 5Y Average: 14.43 · 1 Std Dev range: [13.15 , 15.72] · 2 Std Dev range: [11.86 , 17.00]
17 May 2024 · P/E Ratio: 60.51 · 10Y Average: 15.25 · 1 Std Dev range: [14.26 , 16.24] · 2 Std Dev range: [13.27 , 17.23]
17 May 2024 · P/E Ratio: 60.51 · 20Y Average: 13.98 · 1 Std Dev range: [12.54 , 15.41] · 2 Std Dev range: [11.11 , 16.84]
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: 60.51 · 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
( 60.51 )		 Deviation
vs μ		 Valuation
Last 1Y 12.12 0.41 [11.30 · 11.71 , 12.53 · 12.93]
+118.96 σ
Expensive
Last 2Y 12.69 0.71 [11.26 · 11.98 , 13.40 · 14.12]
+66.99 σ
Expensive
Last 3Y 13.57 1.22 [11.12 · 12.34 , 14.79 · 16.01]
+38.42 σ
Expensive
Last 4Y 14.28 1.45 [11.37 · 12.83 , 15.73 · 17.19]
+31.79 σ
Expensive
Last 5Y 14.43 1.28 [11.86 · 13.15 , 15.72 · 17.00]
+35.87 σ
Expensive
Last 6Y 14.43 1.09 [12.25 · 13.34 , 15.52 · 16.62]
+42.19 σ
Expensive
Last 7Y 14.72 1.12 [12.48 · 13.60 , 15.85 · 16.97]
+40.82 σ
Expensive
Last 8Y 14.92 1.10 [12.73 · 13.82 , 16.01 · 17.11]
+41.64 σ
Expensive
Last 9Y 15.10 1.07 [12.96 · 14.03 , 16.16 · 17.23]
+42.58 σ
Expensive
Last 10Y 15.25 0.99 [13.27 · 14.26 , 16.24 · 17.23]
+45.68 σ
Expensive
Last 11Y 15.16 0.93 [13.30 · 14.23 , 16.09 · 17.02]
+48.86 σ
Expensive
Last 12Y 15.07 0.91 [13.25 · 14.16 , 15.98 · 16.89]
+50.04 σ
Expensive
Last 13Y 14.86 1.05 [12.76 · 13.81 , 15.90 · 16.95]
+43.63 σ
Expensive
Last 14Y 14.72 1.09 [12.53 · 13.62 , 15.81 · 16.90]
+41.93 σ
Expensive
Last 15Y 14.69 1.08 [12.52 · 13.60 , 15.77 · 16.85]
+42.31 σ
Expensive
Last 16Y 14.50 1.19 [12.11 · 13.31 , 15.69 · 16.88]
+38.59 σ
Expensive
Last 17Y 14.44 1.16 [12.12 · 13.28 , 15.60 · 16.76]
+39.74 σ
Expensive
Last 18Y 14.29 1.21 [11.86 · 13.07 , 15.50 · 16.72]
+38.06 σ
Expensive
Last 19Y 14.13 1.31 [11.50 · 12.81 , 15.44 · 16.75]
+35.32 σ
Expensive
Last 20Y 13.98 1.43 [11.11 · 12.54 , 15.41 · 16.84]
+32.50 σ
Expensive

Frontier Markets Stocks Trend

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

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Trend Indicator Valuation Margin
Long Term Price vs SMA200 +1.52% 17 May
Short Term Price vs SMA50 +0.76% 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.