The estimated P/E Ratio for Malaysia Stock Market is 15.02, calculated on 20 November 2024.
Considering the last 5 years, an average P/E interval is [13.56 , 15.40]. For this reason, the current P/E can be considered Fair
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 ( 15.02 ) |
Deviation vs μ |
Valuation |
Last 1Y | 14.70 | 2.12 | [10.45 · 12.58 , 16.83 · 18.95] |
|
+0.15 σ |
Fair
|
Last 2Y | 14.31 | 1.26 | [11.79 · 13.05 , 15.56 · 16.82] |
|
+0.57 σ |
Fair
|
Last 3Y | 14.15 | 0.99 | [12.17 · 13.16 , 15.14 · 16.12] |
|
+0.88 σ |
Fair
|
Last 4Y | 14.09 | 0.80 | [12.50 · 13.29 , 14.89 · 15.69] |
|
+1.16 σ |
Overvalued
|
Last 5Y | 14.48 | 0.92 | [12.65 · 13.56 , 15.40 · 16.32] |
|
+0.59 σ |
Fair
|
Last 6Y | 14.70 | 0.92 | [12.86 · 13.78 , 15.62 · 16.54] |
|
+0.35 σ |
Fair
|
Last 7Y | 14.90 | 0.91 | [13.07 · 13.98 , 15.81 · 16.72] |
|
+0.14 σ |
Fair
|
Last 8Y | 15.03 | 0.88 | [13.28 · 14.16 , 15.91 · 16.79] |
|
-0.02 σ |
Fair
|
Last 9Y | 15.08 | 0.80 | [13.48 · 14.28 , 15.88 · 16.68] |
|
-0.08 σ |
Fair
|
Last 10Y | 15.08 | 0.74 | [13.60 · 14.34 , 15.83 · 16.57] |
|
-0.09 σ |
Fair
|
Last 11Y | 15.10 | 0.69 | [13.73 · 14.42 , 15.79 · 16.47] |
|
-0.12 σ |
Fair
|
Last 12Y | 15.05 | 0.68 | [13.69 · 14.37 , 15.73 · 16.41] |
|
-0.04 σ |
Fair
|
Last 13Y | 14.93 | 0.72 | [13.48 · 14.20 , 15.65 · 16.38] |
|
+0.13 σ |
Fair
|
Last 14Y | 14.85 | 0.73 | [13.38 · 14.12 , 15.59 · 16.32] |
|
+0.23 σ |
Fair
|
Last 15Y | 14.83 | 0.73 | [13.38 · 14.11 , 15.56 · 16.29] |
|
+0.25 σ |
Fair
|
Last 16Y | 14.78 | 0.75 | [13.29 · 14.03 , 15.53 · 16.27] |
|
+0.32 σ |
Fair
|
Last 17Y | 14.72 | 0.80 | [13.13 · 13.92 , 15.52 · 16.32] |
|
+0.37 σ |
Fair
|
Last 18Y | 14.74 | 0.79 | [13.16 · 13.95 , 15.53 · 16.32] |
|
+0.35 σ |
Fair
|
Last 19Y | 14.65 | 0.84 | [12.97 · 13.81 , 15.48 · 16.32] |
|
+0.44 σ |
Fair
|
Last 20Y | 14.58 | 0.86 | [12.86 · 13.72 , 15.44 · 16.31] |
|
+0.51 σ |
Fair
|
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 | 15.02 |
|
+0.15 σ | +0.59 σ | -0.09 σ | +0.51 σ | |
All World | 21.24 |
|
+1.65 σ | +2.51 σ | +3.63 σ | +4.41 σ | ||
Emerging Markets | 14.18 |
|
+0.77 σ | +0.36 σ | +0.96 σ | +1.29 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 | +2.94% | 20 Nov | |
Short Term | Price vs SMA50 | -5.59% | 20 Nov |