Indonesia Stock Market: current P/E Ratio

11.51
Last update: 22 April 2024

The estimated P/E Ratio for Indonesia Stock Market is 11.51, calculated on 22 April 2024.

Considering the last 5 years, an average P/E interval is [12.86 , 15.53]. For this reason, the current P/E can be considered Cheap

P/E Ratio is calculated on the EIDO Etf, whose benchmark is the Indonesia 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 Indonesia Stock Market P/E Ratio has changed over time. Furthermore, for some trailing timeframes, you can view the average P/E and standard deviation.

22 April 2024 · P/E Ratio: 11.51
22 April 2024 · P/E Ratio: 11.51 · 1Y Average: 11.58 · 1 Std Dev range: [11.18 , 11.97] · 2 Std Dev range: [10.78 , 12.37]
22 April 2024 · P/E Ratio: 11.51 · 5Y Average: 14.19 · 1 Std Dev range: [12.86 , 15.53] · 2 Std Dev range: [11.52 , 16.86]
22 April 2024 · P/E Ratio: 11.51 · 10Y Average: 14.66 · 1 Std Dev range: [13.71 , 15.61] · 2 Std Dev range: [12.75 , 16.56]
22 April 2024 · P/E Ratio: 11.51 · 20Y Average: 13.49 · 1 Std Dev range: [12.02 , 14.97] · 2 Std Dev range: [10.54 , 16.44]
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".
22 April 2024 · P/E Ratio: 11.51 · 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
( 11.51 )
Deviation
vs μ
Valuation
Last 1Y 11.58 0.40 [10.78 · 11.18 , 11.97 · 12.37]
-0.17 σ
Fair
Last 2Y 12.50 1.03 [10.45 · 11.47 , 13.52 · 14.55]
-0.96 σ
Fair
Last 3Y 13.40 1.38 [10.63 · 12.02 , 14.78 · 16.17]
-1.37 σ
Undervalued
Last 4Y 13.93 1.48 [10.98 · 12.45 , 15.41 · 16.89]
-1.64 σ
Undervalued
Last 5Y 14.19 1.34 [11.52 · 12.86 , 15.53 · 16.86]
-2.01 σ
Cheap
Last 6Y 14.20 1.13 [11.93 · 13.07 , 15.33 · 16.47]
-2.37 σ
Cheap
Last 7Y 14.53 1.18 [12.18 · 13.35 , 15.71 · 16.88]
-2.57 σ
Cheap
Last 8Y 14.69 1.12 [12.46 · 13.58 , 15.81 · 16.93]
-2.85 σ
Cheap
Last 9Y 14.62 1.08 [12.47 · 13.55 , 15.70 · 16.77]
-2.89 σ
Cheap
Last 10Y 14.66 0.95 [12.75 · 13.71 , 15.61 · 16.56]
-3.31 σ
Cheap
Last 11Y 14.52 0.98 [12.56 · 13.54 , 15.49 · 16.47]
-3.08 σ
Cheap
Last 12Y 14.42 0.98 [12.47 · 13.44 , 15.40 · 16.37]
-2.98 σ
Cheap
Last 13Y 14.28 1.00 [12.29 · 13.28 , 15.28 · 16.28]
-2.78 σ
Cheap
Last 14Y 14.24 0.97 [12.29 · 13.27 , 15.21 · 16.18]
-2.81 σ
Cheap
Last 15Y 14.19 0.97 [12.25 · 13.22 , 15.16 · 16.13]
-2.76 σ
Cheap
Last 16Y 14.00 1.10 [11.79 · 12.90 , 15.10 · 16.20]
-2.26 σ
Cheap
Last 17Y 13.99 1.09 [11.80 · 12.90 , 15.09 · 16.18]
-2.27 σ
Cheap
Last 18Y 13.86 1.13 [11.60 · 12.73 , 14.99 · 16.13]
-2.08 σ
Cheap
Last 19Y 13.67 1.30 [11.08 · 12.38 , 14.97 · 16.26]
-1.67 σ
Undervalued
Last 20Y 13.49 1.48 [10.54 · 12.02 , 14.97 · 16.44]
-1.34 σ
Undervalued

P/E Comparison

How is the Indonesia Stock Market P/E Ratio, compared to other global ratios?

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Deviation vs μ
Trend P/E 1Y 5Y 10Y 20Y
Indonesia 11.51
-0.17 σ -2.01 σ -3.31 σ -1.34 σ
All World 19.96
+3.91 σ +2.09 σ +3.44 σ +4.04 σ
Emerging Markets 13.32
+2.01 σ -0.04 σ +0.27 σ +0.64 σ

Indonesia Stock Market Trend

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

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Trend Indicator Valuation Margin
Long Term Price vs SMA200 -6.95% 22 Apr
Short Term Price vs SMA50 -7.14% 22 Apr
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.