Philippines Stock Market: current P/E Ratio

10.88
Last update: 22 April 2024

The estimated P/E Ratio for Philippines Stock Market is 10.88, calculated on 22 April 2024.

Considering the last 5 years, an average P/E interval is [13.34 , 16.86]. For this reason, the current P/E can be considered Cheap

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.

22 April 2024 · P/E Ratio: 10.88
22 April 2024 · P/E Ratio: 10.88 · 1Y Average: 11.35 · 1 Std Dev range: [10.75 , 11.95] · 2 Std Dev range: [10.15 , 12.55]
22 April 2024 · P/E Ratio: 10.88 · 5Y Average: 15.10 · 1 Std Dev range: [13.34 , 16.86] · 2 Std Dev range: [11.58 , 18.62]
22 April 2024 · P/E Ratio: 10.88 · 10Y Average: 16.64 · 1 Std Dev range: [15.13 , 18.14] · 2 Std Dev range: [13.63 , 19.64]
22 April 2024 · P/E Ratio: 10.88 · 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".
22 April 2024 · P/E Ratio: 10.88 · 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
( 10.88 )
Deviation
vs μ
Valuation
Last 1Y 11.35 0.60 [10.15 · 10.75 , 11.95 · 12.55]
-0.79 σ
Fair
Last 2Y 12.95 1.54 [9.88 · 11.41 , 14.49 · 16.03]
-1.35 σ
Undervalued
Last 3Y 14.31 2.07 [10.17 · 12.24 , 16.37 · 18.44]
-1.66 σ
Undervalued
Last 4Y 14.81 2.03 [10.75 · 12.78 , 16.84 · 18.87]
-1.94 σ
Undervalued
Last 5Y 15.10 1.76 [11.58 · 13.34 , 16.86 · 18.62]
-2.40 σ
Cheap
Last 6Y 15.26 1.54 [12.17 · 13.71 , 16.80 · 18.34]
-2.84 σ
Cheap
Last 7Y 15.75 1.65 [12.45 · 14.10 , 17.41 · 19.06]
-2.95 σ
Cheap
Last 8Y 16.04 1.61 [12.82 · 14.43 , 17.65 · 19.26]
-3.21 σ
Cheap
Last 9Y 16.27 1.53 [13.20 · 14.74 , 17.81 · 19.34]
-3.52 σ
Cheap
Last 10Y 16.64 1.50 [13.63 · 15.13 , 18.14 · 19.64]
-3.83 σ
Cheap
Last 11Y 16.78 1.43 [13.92 · 15.35 , 18.22 · 19.65]
-4.12 σ
Cheap
Last 12Y 16.78 1.35 [14.07 · 15.43 , 18.13 · 19.48]
-4.36 σ
Cheap
Last 13Y 16.53 1.47 [13.58 · 15.06 , 18.00 · 19.47]
-3.84 σ
Cheap
Last 14Y 16.36 1.51 [13.34 · 14.85 , 17.88 · 19.39]
-3.63 σ
Cheap
Last 15Y 16.21 1.58 [13.04 · 14.62 , 17.79 · 19.37]
-3.37 σ
Cheap
Last 16Y 15.89 1.81 [12.28 · 14.09 , 17.70 · 19.51]
-2.77 σ
Cheap
Last 17Y 15.87 1.75 [12.37 · 14.12 , 17.63 · 19.38]
-2.85 σ
Cheap
Last 18Y 15.70 1.80 [12.11 · 13.90 , 17.50 · 19.30]
-2.68 σ
Cheap
Last 19Y 15.50 1.88 [11.75 · 13.63 , 17.38 · 19.26]
-2.46 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?

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Deviation vs μ
Trend P/E 1Y 5Y 10Y 20Y
Philippines 10.88
-0.79 σ -2.40 σ -3.83 σ -2.23 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

Philippines Stock Market Trend

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

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Trend Indicator Valuation Margin
Long Term Price vs SMA200 -3.42% 22 Apr
Short Term Price vs SMA50 -8.07% 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.