The estimated P/E Ratio for Vietnam Stock Market is 13.44, calculated on 21 February 2025.
Considering the last 5 years, an average P/E interval is [13.02 , 19.25]. 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 ( 13.44 ) |
Deviation vs μ |
Valuation |
Last 1Y | 15.29 | 0.40 | [14.49 · 14.89 , 15.69 · 16.09] |
|
-4.63 σ |
Cheap
|
Last 2Y | 14.12 | 1.40 | [11.33 · 12.73 , 15.52 · 16.92] |
|
-0.49 σ |
Fair
|
Last 3Y | 13.43 | 1.80 | [9.82 · 11.63 , 15.23 · 17.04] |
|
+0.01 σ |
Fair
|
Last 4Y | 14.80 | 2.65 | [9.51 · 12.15 , 17.44 · 20.09] |
|
-0.51 σ |
Fair
|
Last 5Y | 16.13 | 3.11 | [9.91 · 13.02 , 19.25 · 22.36] |
|
-0.86 σ |
Fair
|
Last 6Y | 16.41 | 2.61 | [11.20 · 13.80 , 19.01 · 21.62] |
|
-1.14 σ |
Undervalued
|
Last 7Y | 17.23 | 2.95 | [11.33 · 14.28 , 20.19 · 23.14] |
|
-1.28 σ |
Undervalued
|
Last 8Y | 17.10 | 2.81 | [11.48 · 14.29 , 19.91 · 22.73] |
|
-1.30 σ |
Undervalued
|
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 | 13.44 |
|
-4.63 σ | -0.86 σ | - | - | |
All World | 21.23 |
|
+1.22 σ | +2.21 σ | +3.28 σ | +4.17 σ | ||
Frontier Markets | 0.00 |
|
- | - | - | - |