11.35
Last update: 03 May 2024
The estimated P/E Ratio for Philippines Stock Market is 11.35, calculated on 03 May 2024.
Considering the last 5 years, an average P/E interval is [13.16 , 16.84]. For this reason, the current P/E can be considered Undervalued
P/E Ratio is calculated on the EPHE Etf, whose benchmark is the Philippines 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 Philippines Stock Market P/E Ratio has changed over time. Furthermore, for some trailing timeframes, you can view the average P/E and standard deviation.
03 May 2024 · P/E Ratio: 11.35
03 May 2024 · P/E Ratio: 11.35 ·
1Y Average: 11.23 ·
1 Std Dev range: [10.74 , 11.73] ·
2 Std Dev range: [10.24 , 12.23]
03 May 2024 · P/E Ratio: 11.35 ·
5Y Average: 15.00 ·
1 Std Dev range: [13.16 , 16.84] ·
2 Std Dev range: [11.32 , 18.67]
03 May 2024 · P/E Ratio: 11.35 ·
10Y Average: 16.58 ·
1 Std Dev range: [15.02 , 18.13] ·
2 Std Dev range: [13.46 , 19.69]
03 May 2024 · P/E Ratio: 11.35 ·
20Y Average: 15.32 ·
1 Std Dev range: [13.33 , 17.31] ·
2 Std Dev range: [11.34 , 19.31]
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".
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".
03 May 2024 · P/E Ratio: 11.35 · 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 ( 11.35 ) |
Deviation vs μ |
Valuation |
| Last 1Y | 11.23 | 0.50 | [10.24 · 10.74 , 11.73 · 12.23] |
|
+0.24 σ |
Fair
|
| Last 2Y | 12.73 | 1.46 | [9.81 · 11.27 , 14.19 · 15.65] |
|
-0.94 σ |
Fair
|
| Last 3Y | 14.15 | 2.13 | [9.89 · 12.02 , 16.28 · 18.42] |
|
-1.31 σ |
Undervalued
|
| Last 4Y | 14.82 | 2.01 | [10.81 · 12.81 , 16.83 · 18.84] |
|
-1.73 σ |
Undervalued
|
| Last 5Y | 15.00 | 1.84 | [11.32 · 13.16 , 16.84 · 18.67] |
|
-1.98 σ |
Undervalued
|
| Last 6Y | 15.15 | 1.61 | [11.94 · 13.55 , 16.76 · 18.37] |
|
-2.36 σ |
Cheap
|
| Last 7Y | 15.65 | 1.71 | [12.23 · 13.94 , 17.37 · 19.08] |
|
-2.51 σ |
Cheap
|
| Last 8Y | 15.96 | 1.67 | [12.61 · 14.29 , 17.63 · 19.30] |
|
-2.75 σ |
Cheap
|
| Last 9Y | 16.20 | 1.60 | [13.01 · 14.60 , 17.79 · 19.39] |
|
-3.04 σ |
Cheap
|
| Last 10Y | 16.58 | 1.56 | [13.46 · 15.02 , 18.13 · 19.69] |
|
-3.35 σ |
Cheap
|
| Last 11Y | 16.72 | 1.48 | [13.77 · 15.25 , 18.20 · 19.67] |
|
-3.64 σ |
Cheap
|
| Last 12Y | 16.75 | 1.41 | [13.93 · 15.34 , 18.15 · 19.56] |
|
-3.83 σ |
Cheap
|
| Last 13Y | 16.51 | 1.51 | [13.50 · 15.00 , 18.02 · 19.52] |
|
-3.42 σ |
Cheap
|
| Last 14Y | 16.35 | 1.54 | [13.28 · 14.81 , 17.89 · 19.42] |
|
-3.25 σ |
Cheap
|
| Last 15Y | 16.21 | 1.58 | [13.04 · 14.62 , 17.79 · 19.37] |
|
-3.07 σ |
Cheap
|
| Last 16Y | 15.89 | 1.81 | [12.27 · 14.08 , 17.70 · 19.52] |
|
-2.50 σ |
Cheap
|
| Last 17Y | 15.85 | 1.78 | [12.28 · 14.07 , 17.63 · 19.41] |
|
-2.52 σ |
Cheap
|
| Last 18Y | 15.69 | 1.81 | [12.06 · 13.88 , 17.51 · 19.32] |
|
-2.39 σ |
Cheap
|
| Last 19Y | 15.50 | 1.89 | [11.72 · 13.61 , 17.39 · 19.28] |
|
-2.19 σ |
Cheap
|
| Last 20Y | 15.32 | 1.99 | [11.34 · 13.33 , 17.31 · 19.31] |
|
-1.99 σ |
Undervalued
|
P/E Comparison
How is the Philippines Stock Market P/E Ratio, compared to other global ratios?
Swipe left to see all data
| Deviation vs μ | ||||||||
|---|---|---|---|---|---|---|---|---|
| Trend | P/E | 1Y | 5Y | 10Y | 20Y | |||
|
|
Philippines | 11.35 |
|
+0.24 σ | -1.98 σ | -3.35 σ | -1.99 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 | ||
Philippines Stock Market Trend
Trend is evaluated considering the price of the EPHE Etf and its 200/50-day moving averages (SMA).
Swipe left to see all data
| Trend | Indicator | Valuation | Margin | |
|---|---|---|---|---|
| Long Term | Price vs SMA200 | +0.95% | 03 May | |
| Short Term | Price vs SMA50 | -2.85% | 03 May |
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.