South Korea Stock Market: current P/E Ratio

12.25
Last update: 22 April 2024

The estimated P/E Ratio for South Korea Stock Market is 12.25, calculated on 22 April 2024.

Considering the last 5 years, an average P/E interval is [9.49 , 11.50]. For this reason, the current P/E can be considered Overvalued

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.

22 April 2024 · P/E Ratio: 12.25
22 April 2024 · P/E Ratio: 12.25 · 1Y Average: 9.95 · 1 Std Dev range: [9.53 , 10.38] · 2 Std Dev range: [9.10 , 10.80]
22 April 2024 · P/E Ratio: 12.25 · 5Y Average: 10.49 · 1 Std Dev range: [9.49 , 11.50] · 2 Std Dev range: [8.48 , 12.51]
22 April 2024 · P/E Ratio: 12.25 · 10Y Average: 9.85 · 1 Std Dev range: [9.04 , 10.66] · 2 Std Dev range: [8.23 , 11.47]
22 April 2024 · P/E Ratio: 12.25 · 20Y Average: 9.61 · 1 Std Dev range: [8.72 , 10.51] · 2 Std Dev range: [7.82 , 11.41]
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: 12.25 · 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
( 12.25 )
Deviation
vs μ
Valuation
Last 1Y 9.95 0.43 [9.10 · 9.53 , 10.38 · 10.80]
+5.39 σ
Expensive
Last 2Y 9.27 0.65 [7.98 · 8.63 , 9.92 · 10.56]
+4.61 σ
Expensive
Last 3Y 9.66 0.73 [8.20 · 8.93 , 10.38 · 11.11]
+3.58 σ
Expensive
Last 4Y 10.28 1.11 [8.06 · 9.17 , 11.39 · 12.50]
+1.77 σ
Overvalued
Last 5Y 10.49 1.01 [8.48 · 9.49 , 11.50 · 12.51]
+1.74 σ
Overvalued
Last 6Y 10.11 1.10 [7.90 · 9.01 , 11.21 · 12.31]
+1.94 σ
Overvalued
Last 7Y 9.88 1.07 [7.75 · 8.81 , 10.95 · 12.02]
+2.21 σ
Expensive
Last 8Y 9.88 0.94 [8.00 · 8.94 , 10.82 · 11.75]
+2.53 σ
Expensive
Last 9Y 9.87 0.86 [8.15 · 9.01 , 10.73 · 11.59]
+2.77 σ
Expensive
Last 10Y 9.85 0.81 [8.23 · 9.04 , 10.66 · 11.47]
+2.96 σ
Expensive
Last 11Y 9.70 0.82 [8.06 · 8.88 , 10.51 · 11.33]
+3.12 σ
Expensive
Last 12Y 9.57 0.83 [7.91 · 8.74 , 10.41 · 11.24]
+3.22 σ
Expensive
Last 13Y 9.51 0.79 [7.92 · 8.71 , 10.30 · 11.09]
+3.46 σ
Expensive
Last 14Y 9.48 0.76 [7.97 · 8.73 , 10.24 · 11.00]
+3.65 σ
Expensive
Last 15Y 9.59 0.81 [7.97 · 8.78 , 10.40 · 11.22]
+3.28 σ
Expensive
Last 16Y 9.60 0.80 [8.00 · 8.80 , 10.39 · 11.19]
+3.33 σ
Expensive
Last 17Y 9.73 0.89 [7.94 · 8.83 , 10.62 · 11.51]
+2.82 σ
Expensive
Last 18Y 9.75 0.86 [8.03 · 8.89 , 10.61 · 11.47]
+2.91 σ
Expensive
Last 19Y 9.70 0.85 [7.99 · 8.84 , 10.55 · 11.40]
+3.00 σ
Expensive
Last 20Y 9.61 0.90 [7.82 · 8.72 , 10.51 · 11.41]
+2.93 σ
Expensive

P/E Comparison

How is the South Korea Stock Market P/E Ratio, compared to other global ratios?

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Deviation vs μ
Trend P/E 1Y 5Y 10Y 20Y
South Korea 12.25
+5.39 σ +1.74 σ +2.96 σ +2.93 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

South Korea Stock Market Trend

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

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Trend Indicator Valuation Margin
Long Term Price vs SMA200 +0.01% 22 Apr
Short Term Price vs SMA50 -3.57% 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.