17.50
Last update: 20 November 2024
The estimated P/E Ratio for Thailand Stock Market is 17.50, calculated on 20 November 2024.
Considering the last 5 years, an average P/E interval is [17.02 , 20.97]. For this reason, the current P/E can be considered Fair
P/E Ratio is calculated on the THD Etf, whose benchmark is the Thailand 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 Thailand Stock Market P/E Ratio has changed over time. Furthermore, for some trailing timeframes, you can view the average P/E and standard deviation.
20 November 2024 · P/E Ratio: 17.50
20 November 2024 · P/E Ratio: 17.50 ·
1Y Average: 17.35 ·
1 Std Dev range: [16.95 , 17.76] ·
2 Std Dev range: [16.54 , 18.16]
20 November 2024 · P/E Ratio: 17.50 ·
5Y Average: 19.00 ·
1 Std Dev range: [17.02 , 20.97] ·
2 Std Dev range: [15.04 , 22.95]
20 November 2024 · P/E Ratio: 17.50 ·
10Y Average: 18.02 ·
1 Std Dev range: [16.19 , 19.84] ·
2 Std Dev range: [14.37 , 21.67]
20 November 2024 · P/E Ratio: 17.50 ·
20Y Average: 15.49 ·
1 Std Dev range: [12.71 , 18.27] ·
2 Std Dev range: [9.93 , 21.05]
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".
20 November 2024 · P/E Ratio: 17.50 · 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 ( 17.50 ) |
Deviation vs μ |
Valuation |
| Last 1Y | 17.35 | 0.41 | [16.54 · 16.95 , 17.76 · 18.16] |
|
+0.36 σ |
Fair
|
| Last 2Y | 16.57 | 1.28 | [14.01 · 15.29 , 17.84 · 19.12] |
|
+0.73 σ |
Fair
|
| Last 3Y | 17.62 | 1.59 | [14.43 · 16.02 , 19.21 · 20.80] |
|
-0.08 σ |
Fair
|
| Last 4Y | 18.79 | 2.12 | [14.54 · 16.66 , 20.91 · 23.03] |
|
-0.61 σ |
Fair
|
| Last 5Y | 19.00 | 1.98 | [15.04 · 17.02 , 20.97 · 22.95] |
|
-0.76 σ |
Fair
|
| Last 6Y | 18.52 | 1.87 | [14.78 · 16.65 , 20.39 · 22.26] |
|
-0.55 σ |
Fair
|
| Last 7Y | 18.11 | 1.86 | [14.38 · 16.25 , 19.98 · 21.84] |
|
-0.33 σ |
Fair
|
| Last 8Y | 17.67 | 1.86 | [13.94 · 15.80 , 19.53 · 21.39] |
|
-0.09 σ |
Fair
|
| Last 9Y | 17.91 | 1.91 | [14.10 · 16.00 , 19.82 · 21.72] |
|
-0.22 σ |
Fair
|
| Last 10Y | 18.02 | 1.82 | [14.37 · 16.19 , 19.84 · 21.67] |
|
-0.29 σ |
Fair
|
| Last 11Y | 17.63 | 1.92 | [13.80 · 15.71 , 19.54 · 21.46] |
|
-0.07 σ |
Fair
|
| Last 12Y | 17.32 | 1.98 | [13.36 · 15.34 , 19.31 · 21.29] |
|
+0.09 σ |
Fair
|
| Last 13Y | 17.03 | 1.98 | [13.07 · 15.05 , 19.01 · 20.99] |
|
+0.24 σ |
Fair
|
| Last 14Y | 16.71 | 2.10 | [12.52 · 14.62 , 18.81 · 20.91] |
|
+0.37 σ |
Fair
|
| Last 15Y | 16.52 | 2.20 | [12.12 · 14.32 , 18.72 · 20.92] |
|
+0.44 σ |
Fair
|
| Last 16Y | 16.43 | 2.27 | [11.90 · 14.16 , 18.70 · 20.96] |
|
+0.47 σ |
Fair
|
| Last 17Y | 16.37 | 2.36 | [11.66 · 14.02 , 18.73 · 21.08] |
|
+0.48 σ |
Fair
|
| Last 18Y | 16.08 | 2.43 | [11.22 · 13.65 , 18.51 · 20.93] |
|
+0.58 σ |
Fair
|
| Last 19Y | 15.76 | 2.60 | [10.56 · 13.16 , 18.36 · 20.96] |
|
+0.67 σ |
Fair
|
| Last 20Y | 15.49 | 2.78 | [9.93 · 12.71 , 18.27 · 21.05] |
|
+0.72 σ |
Fair
|
P/E Comparison
How is the Thailand 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 | |||
|
|
Thailand | 17.50 |
|
+0.36 σ | -0.76 σ | -0.29 σ | +0.72 σ | |
| All World | 21.24 |
|
+1.65 σ | +2.51 σ | +3.63 σ | +4.41 σ | ||
| Emerging Markets | 14.18 |
|
+0.77 σ | +0.36 σ | +0.96 σ | +1.29 σ | ||
Thailand Stock Market Trend
Trend is evaluated considering the price of the THD Etf and its 200/50-day moving averages (SMA).
Swipe left to see all data
| Trend | Indicator | Valuation | Margin | |
|---|---|---|---|---|
| Long Term | Price vs SMA200 | +5.07% | 20 Nov | |
| Short Term | Price vs SMA50 | -4.89% | 20 Nov |
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.