12.74
Last update: 03 May 2024
The estimated P/E Ratio for South Korea Stock Market is 12.74, calculated on 03 May 2024.
Considering the last 5 years, an average P/E interval is [9.48 , 11.56]. For this reason, the current P/E can be considered Expensive
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.
03 May 2024 · P/E Ratio: 12.74
03 May 2024 · P/E Ratio: 12.74 ·
1Y Average: 10.16 ·
1 Std Dev range: [9.65 , 10.67] ·
2 Std Dev range: [9.14 , 11.18]
03 May 2024 · P/E Ratio: 12.74 ·
5Y Average: 10.52 ·
1 Std Dev range: [9.48 , 11.56] ·
2 Std Dev range: [8.44 , 12.60]
03 May 2024 · P/E Ratio: 12.74 ·
10Y Average: 9.88 ·
1 Std Dev range: [9.05 , 10.71] ·
2 Std Dev range: [8.23 , 11.53]
03 May 2024 · P/E Ratio: 12.74 ·
20Y Average: 9.63 ·
1 Std Dev range: [8.73 , 10.54] ·
2 Std Dev range: [7.82 , 11.44]
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: 12.74 · 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 ( 12.74 ) |
Deviation vs μ |
Valuation |
| Last 1Y | 10.16 | 0.51 | [9.14 · 9.65 , 10.67 · 11.18] |
|
+5.06 σ |
Expensive
|
| Last 2Y | 9.36 | 0.71 | [7.94 · 8.65 , 10.07 · 10.78] |
|
+4.74 σ |
Expensive
|
| Last 3Y | 9.66 | 0.73 | [8.20 · 8.93 , 10.38 · 11.11] |
|
+4.25 σ |
Expensive
|
| Last 4Y | 10.33 | 1.16 | [8.02 · 9.18 , 11.49 · 12.64] |
|
+2.08 σ |
Expensive
|
| Last 5Y | 10.52 | 1.04 | [8.44 · 9.48 , 11.56 · 12.60] |
|
+2.14 σ |
Expensive
|
| Last 6Y | 10.17 | 1.12 | [7.93 · 9.05 , 11.29 · 12.41] |
|
+2.29 σ |
Expensive
|
| Last 7Y | 9.93 | 1.10 | [7.73 · 8.83 , 11.03 · 12.13] |
|
+2.55 σ |
Expensive
|
| Last 8Y | 9.89 | 0.96 | [7.97 · 8.93 , 10.85 · 11.81] |
|
+2.96 σ |
Expensive
|
| Last 9Y | 9.89 | 0.88 | [8.13 · 9.01 , 10.77 · 11.65] |
|
+3.24 σ |
Expensive
|
| Last 10Y | 9.88 | 0.83 | [8.23 · 9.05 , 10.71 · 11.53] |
|
+3.46 σ |
Expensive
|
| Last 11Y | 9.72 | 0.83 | [8.06 · 8.89 , 10.55 · 11.38] |
|
+3.63 σ |
Expensive
|
| Last 12Y | 9.60 | 0.85 | [7.90 · 8.75 , 10.44 · 11.29] |
|
+3.70 σ |
Expensive
|
| Last 13Y | 9.51 | 0.81 | [7.90 · 8.71 , 10.32 · 11.13] |
|
+3.99 σ |
Expensive
|
| Last 14Y | 9.50 | 0.77 | [7.95 · 8.72 , 10.27 · 11.04] |
|
+4.19 σ |
Expensive
|
| Last 15Y | 9.59 | 0.81 | [7.97 · 8.78 , 10.40 · 11.22] |
|
+3.88 σ |
Expensive
|
| Last 16Y | 9.60 | 0.80 | [8.00 · 8.80 , 10.39 · 11.19] |
|
+3.94 σ |
Expensive
|
| Last 17Y | 9.73 | 0.90 | [7.93 · 8.83 , 10.63 · 11.53] |
|
+3.34 σ |
Expensive
|
| Last 18Y | 9.75 | 0.87 | [8.01 · 8.88 , 10.62 · 11.49] |
|
+3.43 σ |
Expensive
|
| Last 19Y | 9.71 | 0.86 | [8.00 · 8.86 , 10.57 · 11.43] |
|
+3.53 σ |
Expensive
|
| Last 20Y | 9.63 | 0.90 | [7.82 · 8.73 , 10.54 · 11.44] |
|
+3.43 σ |
Expensive
|
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 | 12.74 |
|
+5.06 σ | +2.14 σ | +3.46 σ | +3.43 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 | ||
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 | +4.17% | 03 May | |
| Short Term | Price vs SMA50 | +0.41% | 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.