The estimated P/E Ratio for South Korea Stock Market is 9.43, calculated on 17 January 2025.
Considering the last 5 years, an average P/E interval is [9.40 , 11.77]. 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.
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 ( 9.43 ) |
Deviation vs μ |
Valuation |
Last 1Y | 11.38 | 0.90 | [9.58 · 10.48 , 12.28 · 13.17] |
|
-2.17 σ |
Cheap
|
Last 2Y | 10.33 | 1.07 | [8.20 · 9.26 , 11.40 · 12.47] |
|
-0.85 σ |
Fair
|
Last 3Y | 9.71 | 0.91 | [7.90 · 8.80 , 10.61 · 11.52] |
|
-0.31 σ |
Fair
|
Last 4Y | 10.16 | 1.04 | [8.08 · 9.12 , 11.20 · 12.24] |
|
-0.70 σ |
Fair
|
Last 5Y | 10.58 | 1.18 | [8.21 · 9.40 , 11.77 · 12.95] |
|
-0.98 σ |
Fair
|
Last 6Y | 10.57 | 1.02 | [8.53 · 9.55 , 11.59 · 12.61] |
|
-1.12 σ |
Undervalued
|
Last 7Y | 10.21 | 1.17 | [7.86 · 9.04 , 11.38 · 12.55] |
|
-0.67 σ |
Fair
|
Last 8Y | 10.01 | 1.10 | [7.80 · 8.91 , 11.11 · 12.21] |
|
-0.53 σ |
Fair
|
Last 9Y | 10.03 | 1.00 | [8.03 · 9.03 , 11.03 · 12.03] |
|
-0.60 σ |
Fair
|
Last 10Y | 10.02 | 0.94 | [8.14 · 9.08 , 10.96 · 11.90] |
|
-0.63 σ |
Fair
|
Last 11Y | 9.91 | 0.88 | [8.15 · 9.03 , 10.79 · 11.67] |
|
-0.55 σ |
Fair
|
Last 12Y | 9.77 | 0.90 | [7.98 · 8.87 , 10.67 · 11.56] |
|
-0.38 σ |
Fair
|
Last 13Y | 9.65 | 0.88 | [7.90 · 8.77 , 10.52 · 11.40] |
|
-0.25 σ |
Fair
|
Last 14Y | 9.61 | 0.85 | [7.90 · 8.75 , 10.46 · 11.31] |
|
-0.21 σ |
Fair
|
Last 15Y | 9.60 | 0.82 | [7.95 · 8.77 , 10.42 · 11.25] |
|
-0.20 σ |
Fair
|
Last 16Y | 9.68 | 0.86 | [7.96 · 8.82 , 10.53 · 11.39] |
|
-0.29 σ |
Fair
|
Last 17Y | 9.70 | 0.86 | [7.97 · 8.83 , 10.56 · 11.42] |
|
-0.31 σ |
Fair
|
Last 18Y | 9.80 | 0.93 | [7.94 · 8.87 , 10.73 · 11.66] |
|
-0.40 σ |
Fair
|
Last 19Y | 9.82 | 0.90 | [8.02 · 8.92 , 10.71 · 11.61] |
|
-0.43 σ |
Fair
|
Last 20Y | 9.76 | 0.91 | [7.93 · 8.84 , 10.67 · 11.58] |
|
-0.36 σ |
Fair
|
P/E Comparison
How is the South Korea Stock Market P/E Ratio, compared to other global ratios?
Deviation vs μ | ||||||||
---|---|---|---|---|---|---|---|---|
Trend | P/E | 1Y | 5Y | 10Y | 20Y | |||
|
South Korea | 9.43 |
|
-2.17 σ | -0.98 σ | -0.63 σ | -0.36 σ | |
All World | 21.60 |
|
+1.63 σ | +2.57 σ | +3.64 σ | +4.47 σ | ||
Emerging Markets | 14.08 |
|
+0.43 σ | +0.30 σ | +0.84 σ | +1.19 σ |
South Korea Stock Market Trend
Trend is evaluated considering the price of the EWY Etf and its 200/50-day moving averages (SMA).
Trend | Indicator | Valuation | Margin | |
---|---|---|---|---|
Long Term | Price vs SMA200 | -11.50% | 17 Jan | |
Short Term | Price vs SMA50 | -0.95% | 17 Jan |