15.34
Last update: 20 November 2024
The estimated P/E Ratio for Japan Stock Market is 15.34, calculated on 20 November 2024.
Considering the last 5 years, an average P/E interval is [13.15 , 16.39]. For this reason, the current P/E can be considered Fair
P/E Ratio is calculated on the EWJ Etf, whose benchmark is the Japan 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 Japan Stock Market P/E Ratio has changed over time. Furthermore, for some trailing timeframes, you can view the average P/E and standard deviation.
20 November 2024 · P/E Ratio: 15.34
20 November 2024 · P/E Ratio: 15.34 ·
1Y Average: 15.68 ·
1 Std Dev range: [14.79 , 16.56] ·
2 Std Dev range: [13.91 , 17.45]
20 November 2024 · P/E Ratio: 15.34 ·
5Y Average: 14.77 ·
1 Std Dev range: [13.15 , 16.39] ·
2 Std Dev range: [11.53 , 18.02]
20 November 2024 · P/E Ratio: 15.34 ·
10Y Average: 14.02 ·
1 Std Dev range: [12.81 , 15.23] ·
2 Std Dev range: [11.59 , 16.45]
20 November 2024 · P/E Ratio: 15.34 ·
20Y Average: 14.47 ·
1 Std Dev range: [12.87 , 16.07] ·
2 Std Dev range: [11.27 , 17.67]
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".
20 November 2024 · P/E Ratio: 15.34 · 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 ( 15.34 ) |
Deviation vs μ |
Valuation |
| Last 1Y | 15.68 | 0.89 | [13.91 · 14.79 , 16.56 · 17.45] |
|
-0.38 σ |
Fair
|
| Last 2Y | 14.35 | 1.41 | [11.52 · 12.93 , 15.76 · 17.17] |
|
+0.70 σ |
Fair
|
| Last 3Y | 13.73 | 1.22 | [11.28 · 12.51 , 14.96 · 16.18] |
|
+1.31 σ |
Overvalued
|
| Last 4Y | 14.51 | 1.56 | [11.39 · 12.95 , 16.07 · 17.63] |
|
+0.53 σ |
Fair
|
| Last 5Y | 14.77 | 1.62 | [11.53 · 13.15 , 16.39 · 18.02] |
|
+0.35 σ |
Fair
|
| Last 6Y | 14.24 | 1.63 | [10.98 · 12.61 , 15.88 · 17.51] |
|
+0.67 σ |
Fair
|
| Last 7Y | 14.09 | 1.51 | [11.08 · 12.58 , 15.60 · 17.11] |
|
+0.83 σ |
Fair
|
| Last 8Y | 14.08 | 1.32 | [11.43 · 12.75 , 15.40 · 16.72] |
|
+0.96 σ |
Fair
|
| Last 9Y | 13.93 | 1.26 | [11.41 · 12.67 , 15.19 · 16.45] |
|
+1.12 σ |
Overvalued
|
| Last 10Y | 14.02 | 1.21 | [11.59 · 12.81 , 15.23 · 16.45] |
|
+1.09 σ |
Overvalued
|
| Last 11Y | 13.93 | 1.11 | [11.71 · 12.82 , 15.04 · 16.14] |
|
+1.27 σ |
Overvalued
|
| Last 12Y | 13.94 | 1.10 | [11.74 · 12.84 , 15.03 · 16.13] |
|
+1.28 σ |
Overvalued
|
| Last 13Y | 13.75 | 1.11 | [11.53 · 12.64 , 14.86 · 15.97] |
|
+1.43 σ |
Overvalued
|
| Last 14Y | 13.65 | 1.09 | [11.47 · 12.56 , 14.75 · 15.84] |
|
+1.54 σ |
Overvalued
|
| Last 15Y | 13.81 | 1.20 | [11.42 · 12.62 , 15.01 · 16.21] |
|
+1.28 σ |
Overvalued
|
| Last 16Y | 13.98 | 1.37 | [11.25 · 12.62 , 15.35 · 16.72] |
|
+0.99 σ |
Fair
|
| Last 17Y | 13.96 | 1.32 | [11.31 · 12.63 , 15.28 · 16.60] |
|
+1.05 σ |
Overvalued
|
| Last 18Y | 14.13 | 1.45 | [11.23 · 12.68 , 15.58 · 17.03] |
|
+0.83 σ |
Fair
|
| Last 19Y | 14.34 | 1.61 | [11.13 · 12.73 , 15.95 · 17.56] |
|
+0.62 σ |
Fair
|
| Last 20Y | 14.47 | 1.60 | [11.27 · 12.87 , 16.07 · 17.67] |
|
+0.54 σ |
Fair
|
P/E Comparison
How is the Japan 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 | |||
|
|
Japan | 15.34 |
|
-0.38 σ | +0.35 σ | +1.09 σ | +0.54 σ | |
| All World | 21.24 |
|
+1.65 σ | +2.51 σ | +3.63 σ | +4.41 σ | ||
| Developed ex-US | 15.95 |
|
+0.98 σ | +0.84 σ | +1.69 σ | +2.16 σ | ||
Japan Stock Market Trend
Trend is evaluated considering the price of the EWJ Etf and its 200/50-day moving averages (SMA).
Swipe left to see all data
| Trend | Indicator | Valuation | Margin | |
|---|---|---|---|---|
| Long Term | Price vs SMA200 | -2.59% | 20 Nov | |
| Short Term | Price vs SMA50 | -3.39% | 20 Nov |
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.