14.95
Last update: 26 July 2024
The estimated P/E Ratio for Hong Kong Stock Market is 14.95, calculated on 26 July 2024.
Considering the last 5 years, an average P/E interval is [14.03 , 16.23]. 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.
26 July 2024 · P/E Ratio: 14.95
26 July 2024 · P/E Ratio: 14.95 ·
1Y Average: 15.03 ·
1 Std Dev range: [14.43 , 15.62] ·
2 Std Dev range: [13.83 , 16.22]
26 July 2024 · P/E Ratio: 14.95 ·
5Y Average: 15.13 ·
1 Std Dev range: [14.03 , 16.23] ·
2 Std Dev range: [12.93 , 17.33]
26 July 2024 · P/E Ratio: 14.95 ·
10Y Average: 15.03 ·
1 Std Dev range: [14.15 , 15.90] ·
2 Std Dev range: [13.28 , 16.77]
26 July 2024 · P/E Ratio: 14.95 ·
20Y Average: 15.18 ·
1 Std Dev range: [14.25 , 16.12] ·
2 Std Dev range: [13.31 , 17.06]
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".
26 July 2024 · P/E Ratio: 14.95 · 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 ( 14.95 ) |
Deviation vs μ |
Valuation |
| Last 1Y | 15.03 | 0.60 | [13.83 · 14.43 , 15.62 · 16.22] |
|
-0.14 σ |
Fair
|
| Last 2Y | 14.66 | 0.85 | [12.97 · 13.81 , 15.51 · 16.36] |
|
+0.33 σ |
Fair
|
| Last 3Y | 14.73 | 0.86 | [13.00 · 13.87 , 15.59 · 16.45] |
|
+0.25 σ |
Fair
|
| Last 4Y | 15.29 | 1.13 | [13.03 · 14.16 , 16.42 · 17.54] |
|
-0.30 σ |
Fair
|
| Last 5Y | 15.13 | 1.10 | [12.93 · 14.03 , 16.23 · 17.33] |
|
-0.17 σ |
Fair
|
| Last 6Y | 14.93 | 0.99 | [12.95 · 13.94 , 15.92 · 16.91] |
|
+0.02 σ |
Fair
|
| Last 7Y | 15.10 | 0.95 | [13.19 · 14.15 , 16.06 · 17.01] |
|
-0.16 σ |
Fair
|
| Last 8Y | 15.14 | 0.88 | [13.37 · 14.25 , 16.02 · 16.90] |
|
-0.22 σ |
Fair
|
| Last 9Y | 15.00 | 0.90 | [13.19 · 14.10 , 15.90 · 16.81] |
|
-0.06 σ |
Fair
|
| Last 10Y | 15.03 | 0.87 | [13.28 · 14.15 , 15.90 · 16.77] |
|
-0.09 σ |
Fair
|
| Last 11Y | 14.93 | 0.83 | [13.27 · 14.10 , 15.76 · 16.60] |
|
+0.01 σ |
Fair
|
| Last 12Y | 14.91 | 0.81 | [13.29 · 14.10 , 15.72 · 16.53] |
|
+0.04 σ |
Fair
|
| Last 13Y | 14.80 | 0.83 | [13.15 · 13.98 , 15.63 · 16.46] |
|
+0.17 σ |
Fair
|
| Last 14Y | 14.89 | 0.84 | [13.21 · 14.05 , 15.73 · 16.57] |
|
+0.07 σ |
Fair
|
| Last 15Y | 15.00 | 0.89 | [13.21 · 14.11 , 15.90 · 16.79] |
|
-0.06 σ |
Fair
|
| Last 16Y | 14.94 | 0.92 | [13.10 · 14.02 , 15.87 · 16.79] |
|
+0.00 σ |
Fair
|
| Last 17Y | 15.07 | 0.99 | [13.08 · 14.07 , 16.06 · 17.05] |
|
-0.12 σ |
Fair
|
| Last 18Y | 15.12 | 0.99 | [13.14 · 14.13 , 16.11 · 17.10] |
|
-0.17 σ |
Fair
|
| Last 19Y | 15.14 | 0.96 | [13.22 · 14.18 , 16.10 · 17.06] |
|
-0.20 σ |
Fair
|
| Last 20Y | 15.18 | 0.94 | [13.31 · 14.25 , 16.12 · 17.06] |
|
-0.25 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 | 14.95 |
|
-0.14 σ | -0.17 σ | -0.09 σ | -0.25 σ | |
| All World | 20.34 |
|
+2.49 σ | +2.12 σ | +3.43 σ | +4.13 σ | ||
| Developed ex-US | 16.49 |
|
+3.85 σ | +1.53 σ | +2.61 σ | +2.67 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 | -6.71% | 26 Jul | |
| Short Term | Price vs SMA50 | -5.08% | 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.