The estimated P/E Ratio for Philippines Stock Market is 10.88, calculated on 26 July 2024.
Considering the last 5 years, an average P/E interval is [12.76 , 16.79]. 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.
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 ( 10.88 ) |
Deviation vs μ |
Valuation |
Last 1Y | 10.90 | 0.44 | [10.02 · 10.46 , 11.34 · 11.78] |
|
-0.04 σ |
Fair
|
Last 2Y | 12.25 | 1.37 | [9.51 · 10.88 , 13.62 · 14.99] |
|
-1.00 σ |
Undervalued
|
Last 3Y | 13.72 | 2.20 | [9.33 · 11.52 , 15.92 · 18.12] |
|
-1.29 σ |
Undervalued
|
Last 4Y | 14.58 | 2.20 | [10.18 · 12.38 , 16.77 · 18.97] |
|
-1.68 σ |
Undervalued
|
Last 5Y | 14.78 | 2.01 | [10.75 · 12.76 , 16.79 · 18.81] |
|
-1.93 σ |
Undervalued
|
Last 6Y | 14.99 | 1.77 | [11.45 · 13.22 , 16.76 · 18.52] |
|
-2.32 σ |
Cheap
|
Last 7Y | 15.45 | 1.81 | [11.83 · 13.64 , 17.25 · 19.06] |
|
-2.52 σ |
Cheap
|
Last 8Y | 15.77 | 1.79 | [12.20 · 13.99 , 17.56 · 19.35] |
|
-2.74 σ |
Cheap
|
Last 9Y | 16.04 | 1.72 | [12.61 · 14.32 , 17.75 · 19.47] |
|
-3.01 σ |
Cheap
|
Last 10Y | 16.44 | 1.67 | [13.10 · 14.77 , 18.11 · 19.77] |
|
-3.33 σ |
Cheap
|
Last 11Y | 16.62 | 1.59 | [13.45 · 15.03 , 18.20 · 19.79] |
|
-3.62 σ |
Cheap
|
Last 12Y | 16.69 | 1.51 | [13.68 · 15.19 , 18.20 · 19.71] |
|
-3.86 σ |
Cheap
|
Last 13Y | 16.48 | 1.57 | [13.34 · 14.91 , 18.05 · 19.62] |
|
-3.57 σ |
Cheap
|
Last 14Y | 16.34 | 1.57 | [13.20 · 14.77 , 17.90 · 19.47] |
|
-3.48 σ |
Cheap
|
Last 15Y | 16.20 | 1.60 | [13.00 · 14.60 , 17.80 · 19.40] |
|
-3.32 σ |
Cheap
|
Last 16Y | 15.89 | 1.82 | [12.25 · 14.07 , 17.71 · 19.52] |
|
-2.76 σ |
Cheap
|
Last 17Y | 15.79 | 1.84 | [12.12 · 13.95 , 17.62 · 19.46] |
|
-2.67 σ |
Cheap
|
Last 18Y | 15.68 | 1.83 | [12.02 · 13.85 , 17.51 · 19.34] |
|
-2.62 σ |
Cheap
|
Last 19Y | 15.50 | 1.89 | [11.71 · 13.60 , 17.39 · 19.28] |
|
-2.44 σ |
Cheap
|
Last 20Y | 15.32 | 1.99 | [11.34 · 13.33 , 17.31 · 19.31] |
|
-2.23 σ |
Cheap
|
P/E Comparison
How is the Philippines Stock Market P/E Ratio, compared to other global ratios?
Deviation vs μ | ||||||||
---|---|---|---|---|---|---|---|---|
Trend | P/E | 1Y | 5Y | 10Y | 20Y | |||
|
Philippines | 10.88 |
|
-0.04 σ | -1.93 σ | -3.33 σ | -2.23 σ | |
All World | 20.34 |
|
+2.49 σ | +2.12 σ | +3.43 σ | +4.13 σ | ||
Emerging Markets | 13.91 |
|
+1.88 σ | +0.33 σ | +0.85 σ | +1.14 σ |
Philippines Stock Market Trend
Trend is evaluated considering the price of the EPHE Etf and its 200/50-day moving averages (SMA).
Trend | Indicator | Valuation | Margin | |
---|---|---|---|---|
Long Term | Price vs SMA200 | -1.06% | 26 Jul | |
Short Term | Price vs SMA50 | +2.61% | 26 Jul |