12.84
Last update: 26 July 2024
The estimated P/E Ratio for Argentina Stock Market is 12.84, calculated on 26 July 2024.
Considering the last 5 years, an average P/E interval is [10.69 , 13.01]. For this reason, the current P/E can be considered Fair
P/E Ratio is calculated on the ARGT Etf, whose benchmark is the Argentina Stock Market.
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 Argentina Stock Market P/E Ratio has changed over time. Furthermore, for some trailing timeframes, you can view the average P/E and standard deviation.
26 July 2024 · P/E Ratio: 12.84
26 July 2024 · P/E Ratio: 12.84 ·
1Y Average: 13.66 ·
1 Std Dev range: [11.05 , 16.27] ·
2 Std Dev range: [8.44 , 18.88]
26 July 2024 · P/E Ratio: 12.84 ·
5Y Average: 11.85 ·
1 Std Dev range: [10.69 , 13.01] ·
2 Std Dev range: [9.53 , 14.18]
26 July 2024 · P/E Ratio: 12.84 ·
10Y Average: 11.37 ·
1 Std Dev range: [9.79 , 12.96] ·
2 Std Dev range: [8.21 , 14.54]
26 July 2024 · P/E Ratio: 12.84 ·
20Y Average: 10.27 ·
1 Std Dev range: [8.09 , 12.45] ·
2 Std Dev range: [5.91 , 14.63]
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".
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".
26 July 2024 · P/E Ratio: 12.84 · Last Periods metrics
Show all periods
Swipe left to see all data
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 ( 12.84 ) |
Deviation vs μ |
Valuation |
| Last 1Y | 13.66 | 2.61 | [8.44 · 11.05 , 16.27 · 18.88] |
|
-0.32 σ |
Fair
|
| Last 2Y | 10.95 | 2.29 | [6.37 · 8.66 , 13.24 · 15.54] |
|
+0.82 σ |
Fair
|
| Last 3Y | 11.07 | 1.57 | [7.94 · 9.50 , 12.64 · 14.21] |
|
+1.13 σ |
Overvalued
|
| Last 4Y | 11.29 | 1.43 | [8.44 · 9.87 , 12.72 · 14.15] |
|
+1.08 σ |
Overvalued
|
| Last 5Y | 11.85 | 1.16 | [9.53 · 10.69 , 13.01 · 14.18] |
|
+0.85 σ |
Fair
|
| Last 6Y | 12.08 | 1.10 | [9.88 · 10.98 , 13.18 · 14.28] |
|
+0.69 σ |
Fair
|
| Last 7Y | 12.15 | 0.84 | [10.46 · 11.31 , 12.99 · 13.83] |
|
+0.82 σ |
Fair
|
| Last 8Y | 12.10 | 0.87 | [10.35 · 11.23 , 12.97 · 13.84] |
|
+0.85 σ |
Fair
|
| Last 9Y | 11.72 | 1.28 | [9.16 · 10.44 , 12.99 · 14.27] |
|
+0.88 σ |
Fair
|
| Last 10Y | 11.37 | 1.58 | [8.21 · 9.79 , 12.96 · 14.54] |
|
+0.93 σ |
Fair
|
| Last 11Y | 10.93 | 1.91 | [7.12 · 9.02 , 12.83 · 14.74] |
|
+1.00 σ |
Overvalued
|
| Last 12Y | 10.48 | 2.24 | [6.00 · 8.24 , 12.72 · 14.96] |
|
+1.05 σ |
Overvalued
|
| Last 13Y | 10.05 | 2.48 | [5.09 · 7.57 , 12.53 · 15.01] |
|
+1.12 σ |
Overvalued
|
| Last 14Y | 10.08 | 2.37 | [5.35 · 7.71 , 12.44 · 14.81] |
|
+1.17 σ |
Overvalued
|
| Last 15Y | 10.09 | 2.23 | [5.62 · 7.86 , 12.32 · 14.56] |
|
+1.23 σ |
Overvalued
|
| Last 16Y | 9.89 | 2.36 | [5.18 · 7.54 , 12.25 · 14.60] |
|
+1.25 σ |
Overvalued
|
| Last 17Y | 10.05 | 2.33 | [5.39 · 7.72 , 12.38 · 14.71] |
|
+1.20 σ |
Overvalued
|
| Last 18Y | 10.22 | 2.36 | [5.51 · 7.86 , 12.58 · 14.94] |
|
+1.11 σ |
Overvalued
|
| Last 19Y | 10.22 | 2.28 | [5.67 · 7.95 , 12.50 · 14.78] |
|
+1.15 σ |
Overvalued
|
| Last 20Y | 10.27 | 2.18 | [5.91 · 8.09 , 12.45 · 14.63] |
|
+1.18 σ |
Overvalued
|
P/E Comparison
How is the Argentina 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 | |||
|
|
Argentina | 12.84 |
|
-0.32 σ | +0.85 σ | +0.93 σ | +1.18 σ | |
| All World | 20.34 |
|
+2.49 σ | +2.12 σ | +3.43 σ | +4.13 σ | ||
Argentina Stock Market Trend
Trend is evaluated considering the price of the ARGT Etf and its 200/50-day moving averages (SMA).
Swipe left to see all data
| Trend | Indicator | Valuation | Margin | |
|---|---|---|---|---|
| Long Term | Price vs SMA200 | +7.93% | 26 Jul | |
| Short Term | Price vs SMA50 | -3.62% | 26 Jul |
The 200-day moving average is a long-term indicator that takes into account the average price of a stock over the past 200 trading days. It is considered a significant level of support or resistance, meaning that when the stock price is above the 200-day moving average (i.e. margin vs moving average is positive), it is generally viewed as bullish, while when it is below, it is viewed as bearish.
The 50-day moving average, on the other hand, is a shorter-term indicator that measures the average price of a stock over the past 50 trading days. It is also viewed as a significant level of support or resistance and can be used to identify shorter-term trends.