10.60
Last update: 20 November 2024
The estimated P/E Ratio for South Korea Stock Market is 10.60, calculated on 20 November 2024.
Considering the last 5 years, an average P/E interval is [9.49 , 11.82]. For this reason, the current P/E can be considered Fair
P/E Ratio is calculated on the EWY Etf, whose benchmark is the South Korea 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 South Korea Stock Market P/E Ratio has changed over time. Furthermore, for some trailing timeframes, you can view the average P/E and standard deviation.
20 November 2024 · P/E Ratio: 10.60
20 November 2024 · P/E Ratio: 10.60 ·
1Y Average: 11.47 ·
1 Std Dev range: [10.64 , 12.29] ·
2 Std Dev range: [9.82 , 13.11]
20 November 2024 · P/E Ratio: 10.60 ·
5Y Average: 10.65 ·
1 Std Dev range: [9.49 , 11.82] ·
2 Std Dev range: [8.32 , 12.99]
20 November 2024 · P/E Ratio: 10.60 ·
10Y Average: 10.02 ·
1 Std Dev range: [9.08 , 10.95] ·
2 Std Dev range: [8.15 , 11.88]
20 November 2024 · P/E Ratio: 10.60 ·
20Y Average: 9.74 ·
1 Std Dev range: [8.82 , 10.66] ·
2 Std Dev range: [7.89 , 11.59]
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".
20 November 2024 · P/E Ratio: 10.60 · Last Periods metrics
Show all periods
Swipe left to see all data
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 ( 10.60 ) |
Deviation vs μ |
Valuation |
| Last 1Y | 11.47 | 0.82 | [9.82 · 10.64 , 12.29 · 13.11] |
|
-1.06 σ |
Undervalued
|
| Last 2Y | 10.29 | 1.07 | [8.16 · 9.23 , 11.36 · 12.42] |
|
+0.29 σ |
Fair
|
| Last 3Y | 9.76 | 0.89 | [7.97 · 8.87 , 10.66 · 11.55] |
|
+0.93 σ |
Fair
|
| Last 4Y | 10.31 | 1.15 | [8.01 · 9.16 , 11.46 · 12.61] |
|
+0.25 σ |
Fair
|
| Last 5Y | 10.65 | 1.17 | [8.32 · 9.49 , 11.82 · 12.99] |
|
-0.05 σ |
Fair
|
| Last 6Y | 10.53 | 1.05 | [8.43 · 9.48 , 11.58 · 12.64] |
|
+0.06 σ |
Fair
|
| Last 7Y | 10.18 | 1.18 | [7.82 · 9.00 , 11.36 · 12.55] |
|
+0.35 σ |
Fair
|
| Last 8Y | 10.01 | 1.09 | [7.82 · 8.91 , 11.10 · 12.19] |
|
+0.54 σ |
Fair
|
| Last 9Y | 10.04 | 0.99 | [8.06 · 9.05 , 11.03 · 12.02] |
|
+0.56 σ |
Fair
|
| Last 10Y | 10.02 | 0.93 | [8.15 · 9.08 , 10.95 · 11.88] |
|
+0.62 σ |
Fair
|
| Last 11Y | 9.89 | 0.88 | [8.12 · 9.01 , 10.78 · 11.66] |
|
+0.80 σ |
Fair
|
| Last 12Y | 9.75 | 0.90 | [7.94 · 8.85 , 10.65 · 11.55] |
|
+0.94 σ |
Fair
|
| Last 13Y | 9.63 | 0.88 | [7.87 · 8.75 , 10.51 · 11.39] |
|
+1.10 σ |
Overvalued
|
| Last 14Y | 9.61 | 0.85 | [7.92 · 8.76 , 10.45 · 11.30] |
|
+1.17 σ |
Overvalued
|
| Last 15Y | 9.60 | 0.82 | [7.96 · 8.78 , 10.42 · 11.23] |
|
+1.22 σ |
Overvalued
|
| Last 16Y | 9.67 | 0.85 | [7.96 · 8.82 , 10.52 · 11.38] |
|
+1.09 σ |
Overvalued
|
| Last 17Y | 9.72 | 0.89 | [7.95 · 8.83 , 10.61 · 11.50] |
|
+0.99 σ |
Fair
|
| Last 18Y | 9.81 | 0.93 | [7.95 · 8.88 , 10.74 · 11.66] |
|
+0.85 σ |
Fair
|
| Last 19Y | 9.81 | 0.89 | [8.02 · 8.92 , 10.70 · 11.60] |
|
+0.88 σ |
Fair
|
| Last 20Y | 9.74 | 0.92 | [7.89 · 8.82 , 10.66 · 11.59] |
|
+0.93 σ |
Fair
|
P/E Comparison
How is the South Korea 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 | |||
|
|
South Korea | 10.60 |
|
-1.06 σ | -0.05 σ | +0.62 σ | +0.93 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 | ||
South Korea Stock Market Trend
Trend is evaluated considering the price of the EWY Etf and its 200/50-day moving averages (SMA).
Swipe left to see all data
| Trend | Indicator | Valuation | Margin | |
|---|---|---|---|---|
| Long Term | Price vs SMA200 | -10.35% | 20 Nov | |
| Short Term | Price vs SMA50 | -6.89% | 20 Nov |
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.