Shanghai Composite PE Ratio

The Shanghai Composite currently trades at a current P/E ratio of 16.01 as of October 24, 2025.

Over the past five years, the median P/E has been 13.77, putting today's valuation in the 73.3th percentile of that range. Looking at the longer 10-year period, where the median sits at 14.18, the current reading ranks in the 70.8th percentile - a level historically associated with Overvalued pricing. The 20-year median of 15.32 provides additional context, with the current ratio close to the median of that extended timeframe.

Since March 2000, the Shanghai Composite has recorded a median P/E ratio of 16.59 over 26 years. Against this full historical backdrop, the current valuation sits close to the median of all recorded readings, indicating that the market is trading in line with its long-term median.

Historical P/E Comparison

The table below compares the current P/E Ratio (16.01) with its historical median and percentile rankings.

Time Period	Median PE Ratio	Percentile Rank	Valuation
1 Year	14.02	100	Expensive
5 Year	13.77	73.3	Overvalued
10 Year	14.18	70.8	Overvalued
20 Year	15.32	55.8	Fair Value
Since Mar 2000	16.59	44.8	Fair Value

Returns vs P/E Ratio

Over the past decade, the PE fell from 16.5 (31.4th percentile) to 16.01 (70.8th percentile). Annualized total return over this period was 1.8%. Percentile rank indicates position within the historical distribution. Elevated valuations do not necessarily imply immediate low returns; markets can remain richly valued for extended periods, but this warrants caution for longer-horizon return assumptions.

Time Period	Starting PE Ratio	Starting Percentile	Total Return	Annualized Return
1 Year	13.76	26	+20.1%	+20.1%
3 Year	11.84	9.6	+33%	+10%
5 Year	15.21	31	+21.2%	+3.9%
10 Year	16.54	31.4	+20%	+1.8%

Historical Data (2000-2025)

Date	Current PE Ratio
Oct 2025	16.01
Sep 2025	15.69
Aug 2025	15.56
Jul 2025	14.51
Jun 2025	13.99
May 2025	13.58
Apr 2025	13.79
Mar 2025	14.05
Feb 2025	13.93
Jan 2025	13.70
Dec 2024	14.09
Nov 2024	13.94
Oct 2024	13.76
Sep 2024	14.10
Aug 2024	12.04
Jul 2024	12.42
Jun 2024	12.56
May 2024	13.05
Apr 2024	12.38
Mar 2024	12.10
Feb 2024	12
Jan 2024	11.09
Dec 2023	11.80
Nov 2023	11.99
Oct 2023	11.94
Sep 2023	12.34
Aug 2023	12.37
Jul 2023	12.96
Jun 2023	12.63
May 2023	12.60
Apr 2023	13.78
Mar 2023	13.50
Feb 2023	13.49
Jan 2023	13.37
Dec 2022	12.65
Nov 2022	12.86
Oct 2022	11.84
Sep 2022	12.33
Aug 2022	12.98
Jul 2022	13.09
Jun 2022	13.59
May 2022	12.70
Apr 2022	14.99
Mar 2022	15.97
Feb 2022	16.98
Jan 2022	16.46
Dec 2021	17.84
Nov 2021	17.45
Oct 2021	17.20
Sep 2021	17.29
Aug 2021	17.19
Jul 2021	16.43
Jun 2021	17.22
May 2021	17.11
Apr 2021	16.57
Mar 2021	16.46
Feb 2021	16.77
Jan 2021	16.65
Dec 2020	16.60
Nov 2020	16.11
Oct 2020	15.21
Sep 2020	15.13
Aug 2020	15.87
Jul 2020	15.43
Jun 2020	13.76
May 2020	12.96
Apr 2020	13.93
Mar 2020	13.30
Feb 2020	13.94
Jan 2020	14.28
Dec 2019	14.40
Nov 2019	13.58
Oct 2019	13.79
Sep 2019	13.69
Aug 2019	13.56
Jul 2019	13.74
Jun 2019	13.67
May 2019	13.27
Apr 2019	15.30
Mar 2019	15.35
Feb 2019	14.65
Jan 2019	12.86
Dec 2018	12.37
Nov 2018	12.83
Oct 2018	12.87
Sep 2018	13.93
Aug 2018	13.44
Jul 2018	14.14
Jun 2018	13.92
May 2018	15.01
Apr 2018	17.13
Mar 2018	17.60
Feb 2018	18.10
Jan 2018	19.05
Dec 2017	17.98
Nov 2017	17.93
Oct 2017	18.18
Sep 2017	17.84
Aug 2017	17.82
Jul 2017	17.30
Jun 2017	16.83
May 2017	16.34
Apr 2017	16.53
Mar 2017	16.70
Feb 2017	16.68
Jan 2017	16.18
Dec 2016	15.78
Nov 2016	16.42
Oct 2016	15.60
Sep 2016	14.97
Aug 2016	15.29
Jul 2016	14.65
Jun 2016	14.31
May 2016	14.21
Apr 2016	14.62
Mar 2016	14.95
Feb 2016	13.39
Jan 2016	13.61
Dec 2015	17.46
Nov 2015	16.89
Oct 2015	16.54
Sep 2015	14.96
Aug 2015	15.66
Jul 2015	17.86
Jun 2015	20.72
May 2015	21.72
Apr 2015	22.33
Mar 2015	18.77
Feb 2015	16.40
Jan 2015	15.78
Dec 2014	15.83
Nov 2014	13.02
Oct 2014	11.69
Sep 2014	11.38
Aug 2014	10.59
Jul 2014	10.48
Jun 2014	9.71
May 2014	9.67
Apr 2014	10.54
Mar 2014	10.55
Feb 2014	10.62
Jan 2014	10.47
Dec 2013	10.88
Nov 2013	11.35
Oct 2013	10.94
Sep 2013	11.08
Aug 2013	10.69
Jul 2013	10.16
Jun 2013	10.07
May 2013	11.69
Apr 2013	11.78
Mar 2013	12.07
Feb 2013	12.77
Jan 2013	12.84
Dec 2012	12.17
Nov 2012	10.60
Oct 2012	11.06
Sep 2012	11.13
Aug 2012	10.92
Jul 2012	11.17
Jun 2012	11.78
May 2012	12.54
Apr 2012	14.55
Mar 2012	13.72
Feb 2012	14.71
Jan 2012	13.86
Dec 2011	13.27
Nov 2011	14.03
Oct 2011	14.81
Sep 2011	14.04
Aug 2011	15.26
Jul 2011	15.97
Jun 2011	16.32
May 2011	16.17
Apr 2011	22.52
Mar 2011	22.55
Feb 2011	22.34
Jan 2011	21.42
Dec 2010	21.39
Nov 2010	21.30
Oct 2010	22.38
Sep 2010	19.80
Aug 2010	19.65
Jul 2010	19.65
Jun 2010	18.28
May 2010	19.70
Apr 2010	25.12
Mar 2010	27.23
Feb 2010	26.61
Jan 2010	25.94
Dec 2009	28.44
Nov 2009	27.61
Oct 2009	25.72
Sep 2009	23.83
Aug 2009	22.77
Jul 2009	29.11
Jun 2009	25.05
May 2009	22.20
Apr 2009	19.99
Mar 2009	19.16
Feb 2009	16.83
Jan 2009	16.08
Dec 2008	14.70
Nov 2008	15.06
Oct 2008	13.93
Sep 2008	18.47
Aug 2008	17.92
Jul 2008	20.70
Jun 2008	20.42
May 2008	25.60
Apr 2008	41.64
Mar 2008	39.07
Feb 2008	48.73
Jan 2008	48.90
Dec 2007	58.65
Nov 2007	53.26
Oct 2007	68.89
Sep 2007	63.06
Aug 2007	58.58
Jul 2007	50.09
Jun 2007	42.29
May 2007	43.01
Apr 2007	52.71
Mar 2007	43.81
Feb 2007	39.16
Jan 2007	37.91
Dec 2006	32.97
Nov 2006	25.83
Oct 2006	22.61
Sep 2006	21.18
Aug 2006	20.14
Jul 2006	19.79
Jun 2006	19.68
May 2006	19.47
Apr 2006	19.21
Mar 2006	17.54
Feb 2006	17.81
Jan 2006	17.43
Dec 2005	16.17
Nov 2005	15.43
Oct 2005	15.52
Sep 2005	16.57
Aug 2005	16.69
Jul 2005	15.83
Jun 2005	15.78
May 2005	15.48
Apr 2005	22.04
Mar 2005	22.38
Feb 2005	24.70
Jan 2005	22.60
Dec 2004	23.99
Nov 2004	25.38
Oct 2004	25.05
Sep 2004	26.45
Aug 2004	25.39
Jul 2004	26.19
Jun 2004	26.33
May 2004	28.43
Apr 2004	38.43
Mar 2004	41.93
Feb 2004	40.38
Jan 2004	38.42
Dec 2003	36.18
Nov 2003	33.62
Oct 2003	32.15
Sep 2003	32.57
Aug 2003	33.93
Jul 2003	35.36
Jun 2003	35.68
May 2003	37.82
Apr 2003	38.04
Mar 2003	37.72
Feb 2003	37.73
Jan 2003	37.47
Dec 2002	34.08
Nov 2002	36.01
Oct 2002	37.78
Sep 2002	39.96
Aug 2002	42.54
Jul 2002	41.92
Jun 2002	43.94
May 2002	38.32
Apr 2002	38.65
Mar 2002	36.81
Feb 2002	34.78
Jan 2002	34
Dec 2001	37.33
Nov 2001	39.71
Oct 2001	38.46
Sep 2001	40.15
Aug 2001	41.65
Jul 2001	48.54
Jun 2001	55.89
May 2001	55.42
Apr 2001	60.15
Mar 2001	59.87
Feb 2001	55.44
Jan 2001	57.87
Dec 2000	57.63
Nov 2000	58.14
Oct 2000	54.65
Sep 2000	53.16
Aug 2000	56.34
Jul 2000	56.39
Jun 2000	53.50
May 2000	52.32
Apr 2000	49.18
Mar 2000	48.04

Regional Peer Comparison

The table below shows a comparison of the current P/E Ratio (16.01) with regional peer markets.

Country	PE Ratio	Percentile Rank	Rating
Japan	17.23	94.20	Expensive
India	22.67	39.20	Undervalued
South Korea	12.89	95	Expensive
Indonesia	13.04	28.30	Undervalued
Singapore	15.33	93.30	Expensive

Definition: Trailing P/E Ratio

The trailing P/E ratio for Shanghai Composite shows how much investors are paying for one unit of the index's past earnings.
It is calculated as : P/E = Index level / Aggregated EPS
Aggregated EPS means the index's total earnings per share after weighting each stock in the index (usually by its market capitalization): Aggregated EPS = sum(weight_i * EPS_i). For trailing P/E, the EPS_i values are the actual earnings from the past 12 months.