The estimated P/E Ratio for Japan Stock Market is 15.47, calculated on 21 February 2025.
Considering the last 5 years, an average P/E interval is [13.20 , 16.47]. 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.
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".
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 ( 15.47 ) |
Deviation vs μ |
Valuation |
Last 1Y | 15.88 | 0.79 | [14.29 · 15.08 , 16.67 · 17.46] |
|
-0.52 σ |
Fair
|
Last 2Y | 14.80 | 1.19 | [12.42 · 13.61 , 15.99 · 17.19] |
|
+0.56 σ |
Fair
|
Last 3Y | 13.82 | 1.32 | [11.17 · 12.49 , 15.14 · 16.47] |
|
+1.25 σ |
Overvalued
|
Last 4Y | 14.37 | 1.42 | [11.54 · 12.95 , 15.79 · 17.21] |
|
+0.77 σ |
Fair
|
Last 5Y | 14.83 | 1.63 | [11.57 · 13.20 , 16.47 · 18.10] |
|
+0.39 σ |
Fair
|
Last 6Y | 14.41 | 1.58 | [11.24 · 12.83 , 15.99 · 17.57] |
|
+0.67 σ |
Fair
|
Last 7Y | 14.11 | 1.53 | [11.05 · 12.58 , 15.64 · 17.17] |
|
+0.89 σ |
Fair
|
Last 8Y | 14.11 | 1.35 | [11.41 · 12.76 , 15.46 · 16.81] |
|
+1.01 σ |
Overvalued
|
Last 9Y | 13.97 | 1.29 | [11.39 · 12.68 , 15.26 · 16.55] |
|
+1.16 σ |
Overvalued
|
Last 10Y | 14.07 | 1.24 | [11.60 · 12.84 , 15.31 · 16.55] |
|
+1.13 σ |
Overvalued
|
Last 11Y | 13.96 | 1.14 | [11.68 · 12.82 , 15.09 · 16.23] |
|
+1.33 σ |
Overvalued
|
Last 12Y | 14.01 | 1.10 | [11.81 · 12.91 , 15.11 · 16.20] |
|
+1.33 σ |
Overvalued
|
Last 13Y | 13.83 | 1.11 | [11.61 · 12.72 , 14.94 · 16.05] |
|
+1.48 σ |
Overvalued
|
Last 14Y | 13.70 | 1.12 | [11.45 · 12.57 , 14.82 · 15.94] |
|
+1.58 σ |
Overvalued
|
Last 15Y | 13.78 | 1.15 | [11.49 · 12.64 , 14.93 · 16.08] |
|
+1.47 σ |
Overvalued
|
Last 16Y | 14.01 | 1.37 | [11.27 · 12.64 , 15.38 · 16.75] |
|
+1.06 σ |
Overvalued
|
Last 17Y | 13.97 | 1.34 | [11.30 · 12.63 , 15.30 · 16.64] |
|
+1.12 σ |
Overvalued
|
Last 18Y | 14.11 | 1.42 | [11.26 · 12.69 , 15.53 · 16.96] |
|
+0.95 σ |
Fair
|
Last 19Y | 14.30 | 1.56 | [11.19 · 12.75 , 15.86 · 17.42] |
|
+0.75 σ |
Fair
|
Last 20Y | 14.45 | 1.59 | [11.27 · 12.86 , 16.04 · 17.63] |
|
+0.64 σ |
Fair
|
P/E Comparison
How is the Japan Stock Market P/E Ratio, compared to other global ratios?
Deviation vs μ | ||||||||
---|---|---|---|---|---|---|---|---|
Trend | P/E | 1Y | 5Y | 10Y | 20Y | |||
|
Japan | 15.47 |
|
-0.52 σ | +0.39 σ | +1.13 σ | +0.64 σ | |
All World | 21.12 |
|
+1.04 σ | +2.13 σ | +3.20 σ | +4.10 σ | ||
Developed ex-US | 17.36 |
|
+2.18 σ | +1.78 σ | +3.01 σ | +3.38 σ |
Japan Stock Market Trend
Trend is evaluated considering the price of the EWJ Etf and its 200/50-day moving averages (SMA).
Trend | Indicator | Valuation | Margin | |
---|---|---|---|---|
Long Term | Price vs SMA200 | +0.38% | 21 Feb | |
Short Term | Price vs SMA50 | +1.67% | 21 Feb |