The estimated P/E Ratio for Vietnam Stock Market is 14.54, calculated on 17 January 2025.
Considering the last 5 years, an average P/E interval is [13.08 , 19.31]. 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.
[adsensePostBody] [separator top=24]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.
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 ( 14.54 ) |
Deviation vs μ |
Valuation |
Last 1Y | 15.25 | 0.47 | [14.30 · 14.77 , 15.72 · 16.19] |
|
-1.49 σ |
Undervalued
|
Last 2Y | 13.97 | 1.48 | [11.01 · 12.49 , 15.45 · 16.92] |
|
+0.39 σ |
Fair
|
Last 3Y | 13.47 | 1.84 | [9.79 · 11.63 , 15.31 · 17.15] |
|
+0.58 σ |
Fair
|
Last 4Y | 15.02 | 2.97 | [9.07 · 12.05 , 18.00 · 20.97] |
|
-0.16 σ |
Fair
|
Last 5Y | 16.20 | 3.12 | [9.97 · 13.08 , 19.31 · 22.43] |
|
-0.53 σ |
Fair
|
Last 6Y | 16.47 | 2.61 | [11.25 · 13.86 , 19.08 · 21.69] |
|
-0.74 σ |
Fair
|
Last 7Y | 17.33 | 2.98 | [11.38 · 14.35 , 20.31 · 23.28] |
|
-0.94 σ |
Fair
|
Last 8Y | 17.06 | 2.88 | [11.30 · 14.18 , 19.93 · 22.81] |
|
-0.87 σ |
Fair
|
P/E Comparison
How is the Vietnam Stock Market P/E Ratio, compared to other global ratios?
Deviation vs μ | ||||||||
---|---|---|---|---|---|---|---|---|
Trend | P/E | 1Y | 5Y | 10Y | 20Y | |||
|
Vietnam | 14.54 |
|
-1.49 σ | -0.53 σ | - | - | |
All World | 21.60 |
|
+1.63 σ | +2.57 σ | +3.64 σ | +4.47 σ | ||
Frontier Markets | 0.00 |
|
- | - | - | - |