Argentina Stock Market: current P/E Ratio

15.40
Last update: 24 May 2024

The estimated P/E Ratio for Argentina Stock Market is 15.40, calculated on 24 May 2024.

Considering the last 5 years, an average P/E interval is [10.70 , 13.03]. For this reason, the current P/E can be considered Expensive

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.

24 May 2024 · P/E Ratio: 15.40
24 May 2024 · P/E Ratio: 15.40 · 1Y Average: 12.90 · 1 Std Dev range: [10.23 , 15.57] · 2 Std Dev range: [7.56 , 18.24]
24 May 2024 · P/E Ratio: 15.40 · 5Y Average: 11.86 · 1 Std Dev range: [10.70 , 13.03] · 2 Std Dev range: [9.53 , 14.20]
24 May 2024 · P/E Ratio: 15.40 · 10Y Average: 11.27 · 1 Std Dev range: [9.61 , 12.92] · 2 Std Dev range: [7.95 , 14.58]
24 May 2024 · P/E Ratio: 15.40 · 20Y Average: 10.23 · 1 Std Dev range: [8.07 , 12.39] · 2 Std Dev range: [5.91 , 14.56]
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".
24 May 2024 · P/E Ratio: 15.40 · Last Periods metrics
Show all periods
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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
( 15.40 )
Deviation
vs μ
Valuation
Last 1Y 12.90 2.67 [7.56 · 10.23 , 15.57 · 18.24]
+0.94 σ
Fair
Last 2Y 10.56 1.94 [6.69 · 8.62 , 12.49 · 14.43]
+2.50 σ
Expensive
Last 3Y 11.01 1.52 [7.97 · 9.49 , 12.53 · 14.05]
+2.89 σ
Expensive
Last 4Y 11.31 1.44 [8.43 · 9.87 , 12.74 · 14.18]
+2.85 σ
Expensive
Last 5Y 11.86 1.17 [9.53 · 10.70 , 13.03 · 14.20]
+3.03 σ
Expensive
Last 6Y 12.06 1.03 [10.00 · 11.03 , 13.09 · 14.11]
+3.25 σ
Expensive
Last 7Y 12.16 0.85 [10.46 · 11.31 , 13.01 · 13.86]
+3.81 σ
Expensive
Last 8Y 12.03 0.92 [10.20 · 11.11 , 12.94 · 13.86]
+3.69 σ
Expensive
Last 9Y 11.62 1.35 [8.92 · 10.27 , 12.97 · 14.32]
+2.81 σ
Expensive
Last 10Y 11.27 1.66 [7.95 · 9.61 , 12.92 · 14.58]
+2.50 σ
Expensive
Last 11Y 10.82 1.96 [6.90 · 8.86 , 12.78 · 14.74]
+2.34 σ
Expensive
Last 12Y 10.35 2.33 [5.69 · 8.02 , 12.68 · 15.01]
+2.17 σ
Expensive
Last 13Y 9.98 2.47 [5.05 · 7.52 , 12.45 · 14.92]
+2.20 σ
Expensive
Last 14Y 10.02 2.35 [5.31 · 7.67 , 12.37 · 14.72]
+2.29 σ
Expensive
Last 15Y 10.03 2.23 [5.57 · 7.80 , 12.25 · 14.48]
+2.41 σ
Expensive
Last 16Y 9.88 2.35 [5.18 · 7.53 , 12.23 · 14.58]
+2.35 σ
Expensive
Last 17Y 10.06 2.34 [5.38 · 7.72 , 12.40 · 14.74]
+2.28 σ
Expensive
Last 18Y 10.16 2.35 [5.46 · 7.81 , 12.51 · 14.86]
+2.23 σ
Expensive
Last 19Y 10.18 2.26 [5.67 · 7.92 , 12.44 · 14.70]
+2.31 σ
Expensive
Last 20Y 10.23 2.16 [5.91 · 8.07 , 12.39 · 14.56]
+2.39 σ
Expensive

P/E Comparison

How is the Argentina Stock Market P/E Ratio, compared to other global ratios?

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Deviation vs μ
Trend P/E 1Y 5Y 10Y 20Y
Argentina 15.40
+0.94 σ +3.03 σ +2.50 σ +2.39 σ
All World 19.49
+2.86 σ +1.68 σ +2.95 σ +3.66 σ

Argentina Stock Market Trend

Trend is evaluated considering the price of the ARGT Etf and its 200/50-day moving averages (SMA).

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Trend Indicator Valuation Margin
Long Term Price vs SMA200 +20.22% 24 May
Short Term Price vs SMA50 +3.83% 24 May
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.