Shiller PE Ratio for the Hang Seng Index : 11.1 (As of 2024-10-01)
Historical Data
Basic Info
Shiller PE Ratio for the Hang Seng Index was 11.1 as of 2024-10-01, according to GuruFocus. Historically, Shiller PE Ratio for the Hang Seng Index reached a record high of 40.2 and a record low of 8.1, the median value is 12.4. Typical value range is from 9.6 to 12.9. The Year-Over-Year growth is 16.79%. GuruFocus provides the current actual value, an historical data chart and related indicators for Shiller PE Ratio for the Hang Seng Index - last updated on 2024-10-01.
The Shiller PE Ratio or CAPE Ratio for the Hang Seng Index provides a cyclically adjusted price-to-earnings ratio that evaluates the average inflation-adjusted earnings of the index's constituents over the past ten years. This ratio provides a long-term perspective on valuation, smoothing out short-term earnings fluctuations and economic cycles. A lower Shiller PE Ratio might indicate that the market is potentially undervalued, offering a buying opportunity for investors. Conversely, a higher ratio could suggest that the market is overvalued, which might prompt investor caution.
Category | Market Trend |
Region | HKG |
Source | GuruFocus |
Stats
Name | Value | ||
---|---|---|---|
Last Value | 11.1 | ||
Latest Period | 2024-10-01 | ||
Long Term Average | 11.26 | ||
Average Annualized Growth Rate | -3.74% | ||
Value from The Previous Market Day | 11.5 | ||
Change from The Previous Market Day | -3.48% | ||
Value from 1 year ago | 9.5 | ||
Change from 1 year ago | +16.84% | ||
Frequency | Daily | ||
Unit |