15.22
Last update: 21 February 2025
The estimated P/E Ratio for Thailand Stock Market is 15.22, calculated on 21 February 2025.
Considering the last 5 years, an average P/E interval is [16.80 , 20.97]. For this reason, the current P/E can be considered Undervalued
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.
21 February 2025 · P/E Ratio: 15.22
21 February 2025 · P/E Ratio: 15.22 ·
1Y Average: 17.20 ·
1 Std Dev range: [16.55 , 17.85] ·
2 Std Dev range: [15.89 , 18.50]
21 February 2025 · P/E Ratio: 15.22 ·
5Y Average: 18.89 ·
1 Std Dev range: [16.80 , 20.97] ·
2 Std Dev range: [14.72 , 23.05]
21 February 2025 · P/E Ratio: 15.22 ·
10Y Average: 17.98 ·
1 Std Dev range: [16.13 , 19.82] ·
2 Std Dev range: [14.28 , 21.67]
21 February 2025 · P/E Ratio: 15.22 ·
20Y Average: 15.58 ·
1 Std Dev range: [12.88 , 18.29] ·
2 Std Dev range: [10.17 , 21.00]
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".
21 February 2025 · P/E Ratio: 15.22 · 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 ( 15.22 ) |
Deviation vs μ |
Valuation |
| Last 1Y | 17.20 | 0.65 | [15.89 · 16.55 , 17.85 · 18.50] |
|
-3.04 σ |
Cheap
|
| Last 2Y | 16.36 | 1.13 | [14.09 · 15.23 , 17.49 · 18.63] |
|
-1.01 σ |
Undervalued
|
| Last 3Y | 17.21 | 1.41 | [14.38 · 15.79 , 18.62 · 20.03] |
|
-1.41 σ |
Undervalued
|
| Last 4Y | 18.30 | 1.94 | [14.42 · 16.36 , 20.24 · 22.17] |
|
-1.59 σ |
Undervalued
|
| Last 5Y | 18.89 | 2.08 | [14.72 · 16.80 , 20.97 · 23.05] |
|
-1.76 σ |
Undervalued
|
| Last 6Y | 18.56 | 1.82 | [14.91 · 16.74 , 20.38 · 22.21] |
|
-1.83 σ |
Undervalued
|
| Last 7Y | 18.09 | 1.89 | [14.30 · 16.19 , 19.98 · 21.88] |
|
-1.51 σ |
Undervalued
|
| Last 8Y | 17.66 | 1.87 | [13.91 · 15.78 , 19.53 · 21.40] |
|
-1.30 σ |
Undervalued
|
| Last 9Y | 17.82 | 1.91 | [14.00 · 15.91 , 19.73 · 21.64] |
|
-1.36 σ |
Undervalued
|
| Last 10Y | 17.98 | 1.85 | [14.28 · 16.13 , 19.82 · 21.67] |
|
-1.49 σ |
Undervalued
|
| Last 11Y | 17.68 | 1.86 | [13.95 · 15.81 , 19.54 · 21.40] |
|
-1.32 σ |
Undervalued
|
| Last 12Y | 17.36 | 1.95 | [13.47 · 15.42 , 19.31 · 21.26] |
|
-1.10 σ |
Undervalued
|
| Last 13Y | 17.08 | 1.93 | [13.21 · 15.15 , 19.02 · 20.95] |
|
-0.96 σ |
Fair
|
| Last 14Y | 16.78 | 2.04 | [12.70 · 14.74 , 18.82 · 20.86] |
|
-0.76 σ |
Fair
|
| Last 15Y | 16.55 | 2.15 | [12.25 · 14.40 , 18.69 · 20.84] |
|
-0.62 σ |
Fair
|
| Last 16Y | 16.50 | 2.20 | [12.09 · 14.30 , 18.71 · 20.91] |
|
-0.58 σ |
Fair
|
| Last 17Y | 16.39 | 2.31 | [11.76 · 14.08 , 18.70 · 21.01] |
|
-0.51 σ |
Fair
|
| Last 18Y | 16.15 | 2.37 | [11.41 · 13.78 , 18.52 · 20.89] |
|
-0.39 σ |
Fair
|
| Last 19Y | 15.84 | 2.53 | [10.78 · 13.31 , 18.38 · 20.91] |
|
-0.25 σ |
Fair
|
| Last 20Y | 15.58 | 2.71 | [10.17 · 12.88 , 18.29 · 21.00] |
|
-0.14 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 | 15.22 |
|
-3.04 σ | -1.76 σ | -1.49 σ | -0.14 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 | ||
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 | -7.79% | 21 Feb | |
| Short Term | Price vs SMA50 | -5.43% | 21 Feb |
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.