Malaysia Stock Market: current P/E Ratio

15.61
Last update: 22 April 2024

The estimated P/E Ratio for Malaysia Stock Market is 15.61, calculated on 22 April 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.

22 April 2024 · P/E Ratio: 15.61
22 April 2024 · P/E Ratio: 15.61 · 1Y Average: 14.67 · 1 Std Dev range: [13.86 , 15.48] · 2 Std Dev range: [13.05 , 16.29]
22 April 2024 · P/E Ratio: 15.61 · 5Y Average: 14.59 · 1 Std Dev range: [13.71 , 15.47] · 2 Std Dev range: [12.83 , 16.35]
22 April 2024 · P/E Ratio: 15.61 · 10Y Average: 15.10 · 1 Std Dev range: [14.42 , 15.79] · 2 Std Dev range: [13.73 , 16.47]
22 April 2024 · P/E Ratio: 15.61 · 20Y Average: 14.52 · 1 Std Dev range: [13.66 , 15.39] · 2 Std Dev range: [12.79 , 16.26]
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".
22 April 2024 · P/E Ratio: 15.61 · 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
( 15.61 )
Deviation
vs μ
Valuation
Last 1Y 14.67 0.81 [13.05 · 13.86 , 15.48 · 16.29]
+1.16 σ
Overvalued
Last 2Y 13.91 0.93 [12.04 · 12.98 , 14.84 · 15.78]
+1.82 σ
Overvalued
Last 3Y 13.95 0.72 [12.51 · 13.23 , 14.67 · 15.39]
+2.30 σ
Expensive
Last 4Y 14.27 0.81 [12.64 · 13.45 , 15.08 · 15.89]
+1.65 σ
Overvalued
Last 5Y 14.59 0.88 [12.83 · 13.71 , 15.47 · 16.35]
+1.15 σ
Overvalued
Last 6Y 14.80 0.87 [13.05 · 13.92 , 15.67 · 16.54]
+0.93 σ
Fair
Last 7Y 14.99 0.87 [13.26 · 14.13 , 15.86 · 16.73]
+0.70 σ
Fair
Last 8Y 15.08 0.80 [13.48 · 14.28 , 15.88 · 16.68]
+0.66 σ
Fair
Last 9Y 15.06 0.75 [13.56 · 14.31 , 15.81 · 16.56]
+0.73 σ
Fair
Last 10Y 15.10 0.68 [13.73 · 14.42 , 15.79 · 16.47]
+0.73 σ
Fair
Last 11Y 15.09 0.63 [13.82 · 14.46 , 15.72 · 16.36]
+0.81 σ
Fair
Last 12Y 14.97 0.69 [13.60 · 14.28 , 15.66 · 16.35]
+0.92 σ
Fair
Last 13Y 14.85 0.73 [13.40 · 14.12 , 15.58 · 16.31]
+1.03 σ
Overvalued
Last 14Y 14.80 0.72 [13.36 · 14.08 , 15.52 · 16.24]
+1.11 σ
Overvalued
Last 15Y 14.82 0.70 [13.42 · 14.12 , 15.53 · 16.23]
+1.11 σ
Overvalued
Last 16Y 14.70 0.77 [13.16 · 13.93 , 15.47 · 16.24]
+1.17 σ
Overvalued
Last 17Y 14.74 0.78 [13.18 · 13.96 , 15.52 · 16.30]
+1.11 σ
Overvalued
Last 18Y 14.67 0.80 [13.07 · 13.87 , 15.47 · 16.28]
+1.16 σ
Overvalued
Last 19Y 14.58 0.84 [12.89 · 13.74 , 15.43 · 16.27]
+1.21 σ
Overvalued
Last 20Y 14.52 0.87 [12.79 · 13.66 , 15.39 · 16.26]
+1.25 σ
Overvalued

P/E Comparison

How is the Malaysia Stock Market P/E Ratio, compared to other global ratios?

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Deviation vs μ
Trend P/E 1Y 5Y 10Y 20Y
Malaysia 15.61
+1.16 σ +1.15 σ +0.73 σ +1.25 σ
All World 19.96
+3.91 σ +2.09 σ +3.44 σ +4.04 σ
Emerging Markets 13.32
+2.01 σ -0.04 σ +0.27 σ +0.64 σ

Malaysia Stock Market Trend

Trend is evaluated considering the price of the EWM Etf and its 200/50-day moving averages (SMA).

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Trend Indicator Valuation Margin
Long Term Price vs SMA200 +3.66% 22 Apr
Short Term Price vs SMA50 +1.25% 22 Apr
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.