15.38
Last update: 21 February 2025
The estimated P/E Ratio for Hong Kong Stock Market is 15.38, calculated on 21 February 2025.
Considering the last 5 years, an average P/E interval is [14.20 , 16.29]. For this reason, the current P/E can be considered Fair
P/E Ratio is calculated on the EWH Etf, whose benchmark is the Hong Kong Stock Market.
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 Hong Kong Stock Market P/E Ratio has changed over time. Furthermore, for some trailing timeframes, you can view the average P/E and standard deviation.
21 February 2025 · P/E Ratio: 15.38
21 February 2025 · P/E Ratio: 15.38 ·
1Y Average: 14.85 ·
1 Std Dev range: [14.50 , 15.20] ·
2 Std Dev range: [14.14 , 15.55]
21 February 2025 · P/E Ratio: 15.38 ·
5Y Average: 15.24 ·
1 Std Dev range: [14.20 , 16.29] ·
2 Std Dev range: [13.15 , 17.34]
21 February 2025 · P/E Ratio: 15.38 ·
10Y Average: 15.07 ·
1 Std Dev range: [14.20 , 15.94] ·
2 Std Dev range: [13.34 , 16.80]
21 February 2025 · P/E Ratio: 15.38 ·
20Y Average: 15.17 ·
1 Std Dev range: [14.24 , 16.10] ·
2 Std Dev range: [13.31 , 17.03]
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".
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 February 2025 · P/E Ratio: 15.38 · 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 ( 15.38 ) |
Deviation vs μ |
Valuation |
| Last 1Y | 14.85 | 0.35 | [14.14 · 14.50 , 15.20 · 15.55] |
|
+1.51 σ |
Overvalued
|
| Last 2Y | 15.11 | 0.65 | [13.82 · 14.46 , 15.75 · 16.40] |
|
+0.42 σ |
Fair
|
| Last 3Y | 14.58 | 0.74 | [13.11 · 13.84 , 15.31 · 16.05] |
|
+1.09 σ |
Overvalued
|
| Last 4Y | 15.06 | 1.01 | [13.04 · 14.05 , 16.08 · 17.09] |
|
+0.31 σ |
Fair
|
| Last 5Y | 15.24 | 1.05 | [13.15 · 14.20 , 16.29 · 17.34] |
|
+0.13 σ |
Fair
|
| Last 6Y | 15.08 | 0.93 | [13.22 · 14.15 , 16.00 · 16.93] |
|
+0.32 σ |
Fair
|
| Last 7Y | 14.99 | 0.90 | [13.19 · 14.09 , 15.89 · 16.79] |
|
+0.43 σ |
Fair
|
| Last 8Y | 15.12 | 0.87 | [13.37 · 14.25 , 15.99 · 16.86] |
|
+0.30 σ |
Fair
|
| Last 9Y | 15.07 | 0.86 | [13.35 · 14.21 , 15.93 · 16.80] |
|
+0.36 σ |
Fair
|
| Last 10Y | 15.07 | 0.87 | [13.34 · 14.20 , 15.94 · 16.80] |
|
+0.35 σ |
Fair
|
| Last 11Y | 14.97 | 0.83 | [13.30 · 14.14 , 15.80 · 16.63] |
|
+0.49 σ |
Fair
|
| Last 12Y | 14.94 | 0.80 | [13.34 · 14.14 , 15.74 · 16.54] |
|
+0.54 σ |
Fair
|
| Last 13Y | 14.89 | 0.78 | [13.33 · 14.11 , 15.67 · 16.45] |
|
+0.62 σ |
Fair
|
| Last 14Y | 14.84 | 0.80 | [13.24 · 14.04 , 15.65 · 16.45] |
|
+0.66 σ |
Fair
|
| Last 15Y | 14.92 | 0.81 | [13.30 · 14.11 , 15.73 · 16.54] |
|
+0.56 σ |
Fair
|
| Last 16Y | 15.01 | 0.88 | [13.25 · 14.13 , 15.89 · 16.77] |
|
+0.42 σ |
Fair
|
| Last 17Y | 14.98 | 0.91 | [13.16 · 14.07 , 15.89 · 16.80] |
|
+0.43 σ |
Fair
|
| Last 18Y | 15.07 | 0.96 | [13.15 · 14.11 , 16.02 · 16.98] |
|
+0.32 σ |
Fair
|
| Last 19Y | 15.14 | 0.96 | [13.21 · 14.17 , 16.10 · 17.07] |
|
+0.25 σ |
Fair
|
| Last 20Y | 15.17 | 0.93 | [13.31 · 14.24 , 16.10 · 17.03] |
|
+0.22 σ |
Fair
|
P/E Comparison
How is the Hong Kong Stock Market P/E Ratio, compared to other global ratios?
Swipe left to see all data
| Deviation vs μ | ||||||||
|---|---|---|---|---|---|---|---|---|
| Trend | P/E | 1Y | 5Y | 10Y | 20Y | |||
|
|
Hong Kong | 15.38 |
|
+1.51 σ | +0.13 σ | +0.35 σ | +0.22 σ | |
| All World | 21.23 |
|
+1.22 σ | +2.21 σ | +3.28 σ | +4.17 σ | ||
| Developed ex-US | 17.36 |
|
+2.18 σ | +1.78 σ | +3.01 σ | +3.38 σ | ||
Hong Kong Stock Market Trend
Trend is evaluated considering the price of the EWH Etf and its 200/50-day moving averages (SMA).
Swipe left to see all data
| Trend | Indicator | Valuation | Margin | |
|---|---|---|---|---|
| Long Term | Price vs SMA200 | +2.89% | 21 Feb | |
| Short Term | Price vs SMA50 | +3.44% | 21 Feb |
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.