The estimated P/E Ratio for Taiwan Stock Market is 18.75, calculated on 21 February 2025.
Considering the last 5 years, an average P/E interval is [13.53 , 17.83]. 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.
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 ( 18.75 ) |
Deviation vs μ |
Valuation |
Last 1Y | 19.29 | 0.99 | [17.32 · 18.30 , 20.28 · 21.27] |
|
-0.55 σ |
Fair
|
Last 2Y | 17.05 | 2.14 | [12.77 · 14.91 , 19.19 · 21.32] |
|
+0.80 σ |
Fair
|
Last 3Y | 14.79 | 2.90 | [8.99 · 11.89 , 17.69 · 20.59] |
|
+1.37 σ |
Overvalued
|
Last 4Y | 15.22 | 2.51 | [10.20 · 12.71 , 17.74 · 20.25] |
|
+1.40 σ |
Overvalued
|
Last 5Y | 15.68 | 2.15 | [11.37 · 13.53 , 17.83 · 19.99] |
|
+1.43 σ |
Overvalued
|
Last 6Y | 15.51 | 1.81 | [11.89 · 13.70 , 17.33 · 19.14] |
|
+1.79 σ |
Overvalued
|
Last 7Y | 15.11 | 1.80 | [11.50 · 13.30 , 16.91 · 18.71] |
|
+2.02 σ |
Expensive
|
Last 8Y | 14.81 | 1.65 | [11.52 · 13.17 , 16.46 · 18.11] |
|
+2.39 σ |
Expensive
|
Last 9Y | 14.55 | 1.61 | [11.32 · 12.93 , 16.16 · 17.77] |
|
+2.61 σ |
Expensive
|
Last 10Y | 14.30 | 1.69 | [10.92 · 12.61 , 16.00 · 17.69] |
|
+2.63 σ |
Expensive
|
Last 11Y | 14.18 | 1.52 | [11.14 · 12.66 , 15.71 · 17.23] |
|
+3.00 σ |
Expensive
|
Last 12Y | 14.14 | 1.40 | [11.34 · 12.74 , 15.54 · 16.94] |
|
+3.29 σ |
Expensive
|
Last 13Y | 14.08 | 1.28 | [11.53 · 12.81 , 15.36 · 16.63] |
|
+3.66 σ |
Expensive
|
Last 14Y | 13.93 | 1.27 | [11.38 · 12.66 , 15.21 · 16.48] |
|
+3.78 σ |
Expensive
|
Last 15Y | 13.85 | 1.28 | [11.29 · 12.57 , 15.13 · 16.41] |
|
+3.83 σ |
Expensive
|
Last 16Y | 14.09 | 1.52 | [11.05 · 12.57 , 15.61 · 17.13] |
|
+3.07 σ |
Expensive
|
Last 17Y | 14.03 | 1.56 | [10.91 · 12.47 , 15.59 · 17.15] |
|
+3.03 σ |
Expensive
|
Last 18Y | 13.90 | 1.48 | [10.93 · 12.42 , 15.38 · 16.87] |
|
+3.27 σ |
Expensive
|
Last 19Y | 13.78 | 1.46 | [10.86 · 12.32 , 15.24 · 16.70] |
|
+3.40 σ |
Expensive
|
Last 20Y | 13.70 | 1.46 | [10.78 · 12.24 , 15.17 · 16.63] |
|
+3.46 σ |
Expensive
|
P/E Comparison
How is the Taiwan Stock Market P/E Ratio, compared to other global ratios?
Deviation vs μ | ||||||||
---|---|---|---|---|---|---|---|---|
Trend | P/E | 1Y | 5Y | 10Y | 20Y | |||
|
Taiwan | 18.75 |
|
-0.55 σ | +1.43 σ | +2.63 σ | +3.46 σ | |
All World | 21.23 |
|
+1.22 σ | +2.21 σ | +3.28 σ | +4.17 σ | ||
Emerging Markets | 14.58 |
|
+1.39 σ | +0.61 σ | +1.35 σ | +1.62 σ |
Taiwan Stock Market Trend
Trend is evaluated considering the price of the EWT Etf and its 200/50-day moving averages (SMA).
Trend | Indicator | Valuation | Margin | |
---|---|---|---|---|
Long Term | Price vs SMA200 | -0.25% | 21 Feb | |
Short Term | Price vs SMA50 | +0.88% | 21 Feb |