The estimated P/E Ratio for Malaysia Stock Market is 15.91, calculated on 03 May 2024.
Considering the last 5 years, an average P/E interval is [13.71 , 15.47]. For this reason, the current P/E can be considered Overvalued
P/E Ratio is calculated on the EWM Etf, whose benchmark is the Malaysia 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 Malaysia 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 ( 15.91 ) |
Deviation vs μ |
Valuation |
Last 1Y | 14.90 | 0.75 | [13.40 · 14.15 , 15.65 · 16.40] |
|
+1.35 σ |
Overvalued
|
Last 2Y | 13.95 | 0.98 | [11.99 · 12.97 , 14.93 · 15.91] |
|
+2.00 σ |
Expensive
|
Last 3Y | 14.00 | 0.76 | [12.47 · 13.24 , 14.76 · 15.52] |
|
+2.51 σ |
Expensive
|
Last 4Y | 14.27 | 0.82 | [12.63 · 13.45 , 15.10 · 15.92] |
|
+1.99 σ |
Overvalued
|
Last 5Y | 14.59 | 0.88 | [12.83 · 13.71 , 15.47 · 16.35] |
|
+1.50 σ |
Overvalued
|
Last 6Y | 14.79 | 0.87 | [13.05 · 13.92 , 15.66 · 16.53] |
|
+1.29 σ |
Overvalued
|
Last 7Y | 14.99 | 0.86 | [13.27 · 14.13 , 15.85 · 16.71] |
|
+1.07 σ |
Overvalued
|
Last 8Y | 15.08 | 0.80 | [13.48 · 14.28 , 15.88 · 16.68] |
|
+1.03 σ |
Overvalued
|
Last 9Y | 15.06 | 0.75 | [13.56 · 14.31 , 15.81 · 16.56] |
|
+1.13 σ |
Overvalued
|
Last 10Y | 15.11 | 0.69 | [13.73 · 14.42 , 15.79 · 16.48] |
|
+1.17 σ |
Overvalued
|
Last 11Y | 15.10 | 0.63 | [13.83 · 14.47 , 15.73 · 16.37] |
|
+1.28 σ |
Overvalued
|
Last 12Y | 14.99 | 0.69 | [13.61 · 14.30 , 15.67 · 16.36] |
|
+1.35 σ |
Overvalued
|
Last 13Y | 14.87 | 0.73 | [13.41 · 14.14 , 15.60 · 16.32] |
|
+1.43 σ |
Overvalued
|
Last 14Y | 14.81 | 0.73 | [13.36 · 14.08 , 15.53 · 16.26] |
|
+1.52 σ |
Overvalued
|
Last 15Y | 14.84 | 0.70 | [13.44 · 14.14 , 15.54 · 16.23] |
|
+1.54 σ |
Overvalued
|
Last 16Y | 14.72 | 0.77 | [13.18 · 13.95 , 15.49 · 16.25] |
|
+1.55 σ |
Overvalued
|
Last 17Y | 14.74 | 0.78 | [13.19 · 13.96 , 15.51 · 16.29] |
|
+1.51 σ |
Overvalued
|
Last 18Y | 14.68 | 0.80 | [13.08 · 13.88 , 15.49 · 16.29] |
|
+1.53 σ |
Overvalued
|
Last 19Y | 14.59 | 0.84 | [12.91 · 13.75 , 15.44 · 16.28] |
|
+1.56 σ |
Overvalued
|
Last 20Y | 14.53 | 0.87 | [12.79 · 13.66 , 15.40 · 16.27] |
|
+1.59 σ |
Overvalued
|
P/E Comparison
How is the Malaysia Stock Market P/E Ratio, compared to other global ratios?
Deviation vs μ | ||||||||
---|---|---|---|---|---|---|---|---|
Trend | P/E | 1Y | 5Y | 10Y | 20Y | |||
|
Malaysia | 15.91 |
|
+1.35 σ | +1.50 σ | +1.17 σ | +1.59 σ | |
All World | 20.50 |
|
+4.16 σ | +2.37 σ | +3.77 σ | +4.38 σ | ||
Emerging Markets | 14.10 |
|
+3.63 σ | +0.49 σ | +1.11 σ | +1.33 σ |
Malaysia Stock Market Trend
Trend is evaluated considering the price of the EWM Etf and its 200/50-day moving averages (SMA).
Trend | Indicator | Valuation | Margin | |
---|---|---|---|---|
Long Term | Price vs SMA200 | +6.96% | 03 May | |
Short Term | Price vs SMA50 | +4.07% | 03 May |