11.08
Last update: 26 July 2024
The estimated P/E Ratio for South Korea Stock Market is 11.08, calculated on 26 July 2024.
Considering the last 5 years, an average P/E interval is [9.49 , 11.66]. 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.
26 July 2024 · P/E Ratio: 11.08
26 July 2024 · P/E Ratio: 11.08 ·
1Y Average: 10.72 ·
1 Std Dev range: [9.90 , 11.53] ·
2 Std Dev range: [9.09 , 12.35]
26 July 2024 · P/E Ratio: 11.08 ·
5Y Average: 10.58 ·
1 Std Dev range: [9.49 , 11.66] ·
2 Std Dev range: [8.41 , 12.74]
26 July 2024 · P/E Ratio: 11.08 ·
10Y Average: 9.94 ·
1 Std Dev range: [9.06 , 10.81] ·
2 Std Dev range: [8.19 , 11.68]
26 July 2024 · P/E Ratio: 11.08 ·
20Y Average: 9.67 ·
1 Std Dev range: [8.76 , 10.59] ·
2 Std Dev range: [7.84 , 11.50]
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".
26 July 2024 · P/E Ratio: 11.08 · 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 ( 11.08 ) |
Deviation vs μ |
Valuation |
| Last 1Y | 10.72 | 0.81 | [9.09 · 9.90 , 11.53 · 12.35] |
|
+0.44 σ |
Fair
|
| Last 2Y | 9.69 | 0.92 | [7.85 · 8.77 , 10.61 · 11.53] |
|
+1.51 σ |
Overvalued
|
| Last 3Y | 9.66 | 0.73 | [8.20 · 8.93 , 10.38 · 11.11] |
|
+1.96 σ |
Overvalued
|
| Last 4Y | 10.34 | 1.17 | [8.01 · 9.17 , 11.51 · 12.67] |
|
+0.63 σ |
Fair
|
| Last 5Y | 10.58 | 1.08 | [8.41 · 9.49 , 11.66 · 12.74] |
|
+0.46 σ |
Fair
|
| Last 6Y | 10.30 | 1.12 | [8.06 · 9.18 , 11.42 · 12.53] |
|
+0.70 σ |
Fair
|
| Last 7Y | 10.02 | 1.15 | [7.72 · 8.87 , 11.17 · 12.32] |
|
+0.92 σ |
Fair
|
| Last 8Y | 9.93 | 1.02 | [7.90 · 8.92 , 10.95 · 11.97] |
|
+1.12 σ |
Overvalued
|
| Last 9Y | 9.94 | 0.93 | [8.08 · 9.01 , 10.87 · 11.80] |
|
+1.22 σ |
Overvalued
|
| Last 10Y | 9.94 | 0.87 | [8.19 · 9.06 , 10.81 · 11.68] |
|
+1.31 σ |
Overvalued
|
| Last 11Y | 9.78 | 0.85 | [8.08 · 8.93 , 10.63 · 11.49] |
|
+1.52 σ |
Overvalued
|
| Last 12Y | 9.65 | 0.87 | [7.91 · 8.78 , 10.52 · 11.39] |
|
+1.64 σ |
Overvalued
|
| Last 13Y | 9.54 | 0.85 | [7.85 · 8.70 , 10.39 · 11.23] |
|
+1.81 σ |
Overvalued
|
| Last 14Y | 9.54 | 0.80 | [7.95 · 8.75 , 10.34 · 11.14] |
|
+1.92 σ |
Overvalued
|
| Last 15Y | 9.59 | 0.81 | [7.97 · 8.78 , 10.40 · 11.22] |
|
+1.83 σ |
Overvalued
|
| Last 16Y | 9.61 | 0.82 | [7.98 · 8.79 , 10.42 · 11.24] |
|
+1.80 σ |
Overvalued
|
| Last 17Y | 9.73 | 0.90 | [7.93 · 8.83 , 10.63 · 11.53] |
|
+1.49 σ |
Overvalued
|
| Last 18Y | 9.78 | 0.89 | [7.99 · 8.89 , 10.67 · 11.56] |
|
+1.45 σ |
Overvalued
|
| Last 19Y | 9.75 | 0.87 | [8.01 · 8.88 , 10.62 · 11.49] |
|
+1.52 σ |
Overvalued
|
| Last 20Y | 9.67 | 0.92 | [7.84 · 8.76 , 10.59 · 11.50] |
|
+1.54 σ |
Overvalued
|
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 | 11.08 |
|
+0.44 σ | +0.46 σ | +1.31 σ | +1.54 σ | |
| All World | 20.34 |
|
+2.49 σ | +2.12 σ | +3.43 σ | +4.13 σ | ||
| Emerging Markets | 13.91 |
|
+1.88 σ | +0.33 σ | +0.85 σ | +1.14 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 | +2.59% | 26 Jul | |
| Short Term | Price vs SMA50 | -0.64% | 26 Jul |
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.