The estimated P/E Ratio for Japan Stock Market is 15.34, calculated on 17 January 2025.
Considering the last 5 years, an average P/E interval is [13.18 , 16.43]. 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 ( 15.34 ) |
Deviation vs μ |
Valuation |
Last 1Y | 15.79 | 0.83 | [14.13 · 14.96 , 16.62 · 17.46] |
|
-0.55 σ |
Fair
|
Last 2Y | 14.62 | 1.28 | [12.06 · 13.34 , 15.90 · 17.18] |
|
+0.56 σ |
Fair
|
Last 3Y | 13.76 | 1.27 | [11.22 · 12.49 , 15.02 · 16.29] |
|
+1.25 σ |
Overvalued
|
Last 4Y | 14.40 | 1.46 | [11.48 · 12.94 , 15.86 · 17.32] |
|
+0.64 σ |
Fair
|
Last 5Y | 14.81 | 1.63 | [11.55 · 13.18 , 16.43 · 18.06] |
|
+0.33 σ |
Fair
|
Last 6Y | 14.34 | 1.60 | [11.15 · 12.75 , 15.94 · 17.54] |
|
+0.62 σ |
Fair
|
Last 7Y | 14.10 | 1.52 | [11.06 · 12.58 , 15.62 · 17.13] |
|
+0.82 σ |
Fair
|
Last 8Y | 14.10 | 1.34 | [11.42 · 12.76 , 15.43 · 16.77] |
|
+0.93 σ |
Fair
|
Last 9Y | 13.95 | 1.28 | [11.39 · 12.67 , 15.22 · 16.50] |
|
+1.09 σ |
Overvalued
|
Last 10Y | 14.05 | 1.22 | [11.60 · 12.83 , 15.28 · 16.50] |
|
+1.05 σ |
Overvalued
|
Last 11Y | 13.94 | 1.12 | [11.70 · 12.82 , 15.07 · 16.19] |
|
+1.24 σ |
Overvalued
|
Last 12Y | 13.98 | 1.09 | [11.81 · 12.90 , 15.07 · 16.16] |
|
+1.24 σ |
Overvalued
|
Last 13Y | 13.80 | 1.10 | [11.59 · 12.69 , 14.90 · 16.01] |
|
+1.39 σ |
Overvalued
|
Last 14Y | 13.68 | 1.11 | [11.47 · 12.57 , 14.79 · 15.90] |
|
+1.50 σ |
Overvalued
|
Last 15Y | 13.79 | 1.16 | [11.48 · 12.63 , 14.95 · 16.10] |
|
+1.34 σ |
Overvalued
|
Last 16Y | 14.01 | 1.36 | [11.28 · 12.64 , 15.37 · 16.74] |
|
+0.97 σ |
Fair
|
Last 17Y | 13.96 | 1.33 | [11.30 · 12.63 , 15.28 · 16.61] |
|
+1.04 σ |
Overvalued
|
Last 18Y | 14.11 | 1.43 | [11.25 · 12.68 , 15.54 · 16.97] |
|
+0.86 σ |
Fair
|
Last 19Y | 14.31 | 1.57 | [11.17 · 12.74 , 15.89 · 17.46] |
|
+0.65 σ |
Fair
|
Last 20Y | 14.45 | 1.59 | [11.27 · 12.86 , 16.04 · 17.63] |
|
+0.56 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 | 15.34 |
|
-0.55 σ | +0.33 σ | +1.05 σ | +0.56 σ | |
All World | 21.60 |
|
+1.63 σ | +2.57 σ | +3.64 σ | +4.47 σ | ||
Developed ex-US | 16.40 |
|
+1.32 σ | +1.13 σ | +2.10 σ | +2.54 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 | -3.80% | 17 Jan | |
Short Term | Price vs SMA50 | -2.87% | 17 Jan |