18.36
Last update: 17 January 2025
The estimated P/E Ratio for Taiwan Stock Market is 18.36, calculated on 17 January 2025.
Considering the last 5 years, an average P/E interval is [13.51 , 17.76]. For this reason, the current P/E can be considered Overvalued
P/E Ratio is calculated on the EWT Etf, whose benchmark is the Taiwan 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 Taiwan Stock Market P/E Ratio has changed over time. Furthermore, for some trailing timeframes, you can view the average P/E and standard deviation.
17 January 2025 · P/E Ratio: 18.36
17 January 2025 · P/E Ratio: 18.36 ·
1Y Average: 19.25 ·
1 Std Dev range: [18.19 , 20.30] ·
2 Std Dev range: [17.14 , 21.35]
17 January 2025 · P/E Ratio: 18.36 ·
5Y Average: 15.64 ·
1 Std Dev range: [13.51 , 17.76] ·
2 Std Dev range: [11.39 , 19.89]
17 January 2025 · P/E Ratio: 18.36 ·
10Y Average: 14.25 ·
1 Std Dev range: [12.59 , 15.90] ·
2 Std Dev range: [10.94 , 17.56]
17 January 2025 · P/E Ratio: 18.36 ·
20Y Average: 13.67 ·
1 Std Dev range: [12.24 , 15.10] ·
2 Std Dev range: [10.80 , 16.54]
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".
17 January 2025 · P/E Ratio: 18.36 · 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 ( 18.36 ) |
Deviation vs μ |
Valuation |
| Last 1Y | 19.25 | 1.05 | [17.14 · 18.19 , 20.30 · 21.35] |
|
-0.84 σ |
Fair
|
| Last 2Y | 16.66 | 2.53 | [11.61 · 14.14 , 19.19 · 21.72] |
|
+0.67 σ |
Fair
|
| Last 3Y | 14.69 | 2.83 | [9.03 · 11.86 , 17.52 · 20.35] |
|
+1.30 σ |
Overvalued
|
| Last 4Y | 15.23 | 2.52 | [10.19 · 12.71 , 17.74 · 20.26] |
|
+1.24 σ |
Overvalued
|
| Last 5Y | 15.64 | 2.13 | [11.39 · 13.51 , 17.76 · 19.89] |
|
+1.28 σ |
Overvalued
|
| Last 6Y | 15.42 | 1.82 | [11.78 · 13.60 , 17.24 · 19.06] |
|
+1.62 σ |
Overvalued
|
| Last 7Y | 15.03 | 1.78 | [11.48 · 13.26 , 16.81 · 18.59] |
|
+1.87 σ |
Overvalued
|
| Last 8Y | 14.74 | 1.62 | [11.51 · 13.13 , 16.36 · 17.98] |
|
+2.23 σ |
Expensive
|
| Last 9Y | 14.47 | 1.60 | [11.26 · 12.87 , 16.07 · 17.67] |
|
+2.43 σ |
Expensive
|
| Last 10Y | 14.25 | 1.65 | [10.94 · 12.59 , 15.90 · 17.56] |
|
+2.48 σ |
Expensive
|
| Last 11Y | 14.15 | 1.47 | [11.20 · 12.67 , 15.62 · 17.09] |
|
+2.86 σ |
Expensive
|
| Last 12Y | 14.11 | 1.36 | [11.39 · 12.75 , 15.47 · 16.83] |
|
+3.12 σ |
Expensive
|
| Last 13Y | 14.05 | 1.24 | [11.56 · 12.80 , 15.29 · 16.54] |
|
+3.46 σ |
Expensive
|
| Last 14Y | 13.90 | 1.25 | [11.40 · 12.65 , 15.14 · 16.39] |
|
+3.58 σ |
Expensive
|
| Last 15Y | 13.84 | 1.26 | [11.33 · 12.58 , 15.09 · 16.35] |
|
+3.60 σ |
Expensive
|
| Last 16Y | 14.09 | 1.53 | [11.04 · 12.57 , 15.62 · 17.14] |
|
+2.80 σ |
Expensive
|
| Last 17Y | 13.99 | 1.54 | [10.92 · 12.45 , 15.53 · 17.06] |
|
+2.84 σ |
Expensive
|
| Last 18Y | 13.87 | 1.45 | [10.98 · 12.43 , 15.32 · 16.77] |
|
+3.10 σ |
Expensive
|
| Last 19Y | 13.75 | 1.43 | [10.89 · 12.32 , 15.18 · 16.61] |
|
+3.23 σ |
Expensive
|
| Last 20Y | 13.67 | 1.43 | [10.80 · 12.24 , 15.10 · 16.54] |
|
+3.27 σ |
Expensive
|
P/E Comparison
How is the Taiwan 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 | |||
|
|
Taiwan | 18.36 |
|
-0.84 σ | +1.28 σ | +2.48 σ | +3.27 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 | ||
Taiwan Stock Market Trend
Trend is evaluated considering the price of the EWT Etf and its 200/50-day moving averages (SMA).
Swipe left to see all data
| Trend | Indicator | Valuation | Margin | |
|---|---|---|---|---|
| Long Term | Price vs SMA200 | -0.98% | 17 Jan | |
| Short Term | Price vs SMA50 | -2.59% | 17 Jan |
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.