Vietnam Stock Market: current P/E Ratio

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14.22

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Last update: 24 March 2025

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The estimated P/E Ratio for Vietnam Stock Market is 14.22, calculated on 24 March 2025.

Considering the last 5 years, an average P/E interval is [12.93 , 19.17]. For this reason, the current P/E can be considered Fair

P/E Ratio is calculated on the VNM Etf, whose benchmark is the Vietnam Stock Market.

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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 Vietnam Stock Market P/E Ratio has changed over time. Furthermore, for some trailing timeframes, you can view the average P/E and standard deviation.

24 March 2025 · P/E Ratio: 14.22

24 March 2025 · P/E Ratio: 14.22 · 1Y Average: 15.09 · 1 Std Dev range: [14.53 , 15.64] · 2 Std Dev range: [13.97 , 16.20]

24 March 2025 · P/E Ratio: 14.22 · 5Y Average: 16.05 · 1 Std Dev range: [12.93 , 19.17] · 2 Std Dev range: [9.81 , 22.29]

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".

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Trailing P/E Ratio Stats

The following table provides a comprehensive analysis of the Price-to-Earnings (P/E) ratio over different trailing time periods. It includes key statistical measures such as the average P/E ratio, variance, and an evaluation of the current price relative to historical trends.

The data allows to assess market valuation over various time horizons, helping to identify potential overvaluation or undervaluation trends. The time intervals range from short-term (1 year) to long-term (20 years when available), offering a broad perspective on market conditions.

24 March 2025 · P/E Ratio: 14.22 · Last Periods metrics

Show all periods

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			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 ( 14.22 )	Deviation vs μ	Valuation
Last 1Y	15.09	0.56	[13.97 · 14.53 , 15.64 · 16.20]		-1.56 σ	Undervalued
Last 2Y	14.26	1.23	[11.80 · 13.03 , 15.48 · 16.71]		-0.03 σ	Fair
Last 3Y	13.36	1.75	[9.86 · 11.61 , 15.11 · 16.86]		+0.49 σ	Fair
Last 4Y	14.55	2.25	[10.05 · 12.30 , 16.80 · 19.05]		-0.15 σ	Fair
Last 5Y	16.05	3.12	[9.81 · 12.93 , 19.17 · 22.29]		-0.59 σ	Fair
Last 6Y	16.33	2.62	[11.10 · 13.71 , 18.95 · 21.57]		-0.81 σ	Fair
Last 7Y	17.12	2.94	[11.24 · 14.18 , 20.07 · 23.01]		-0.99 σ	Fair
Last 8Y	17.13	2.76	[11.60 · 14.37 , 19.90 · 22.66]		-1.05 σ	Undervalued
Last 9Y	16.32	3.15	[10.02 · 13.17 , 19.48 · 22.63]		-0.67 σ	Fair

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P/E Comparison

How is the Vietnam 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
Vietnam		14.22	-1.56 σ	-0.59 σ	-	-
All World		21.13	+0.94 σ	+2.02 σ	+3.11 σ	+4.03 σ
Frontier Markets		0.00	-	-	-	-

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