The estimated P/E Ratio for Colombia Stock Market is 6.62, calculated on 20 December 2024.
Considering the last 5 years, an average P/E interval is [5.55 , 9.64]. For this reason, the current P/E can be considered Fair
P/E Ratio is calculated on the GXG Etf, whose benchmark is the Colombia 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 Colombia 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 ( 6.62 ) |
Deviation vs μ |
Valuation |
Last 1Y | 5.78 | 0.19 | [5.41 · 5.59 , 5.96 · 6.15] |
|
+4.57 σ |
Expensive
|
Last 2Y | 5.43 | 0.61 | [4.21 · 4.82 , 6.04 · 6.65] |
|
+1.96 σ |
Overvalued
|
Last 3Y | 5.84 | 0.80 | [4.23 · 5.03 , 6.64 · 7.44] |
|
+0.98 σ |
Fair
|
Last 4Y | 6.84 | 1.67 | [3.49 · 5.16 , 8.51 · 10.19] |
|
-0.13 σ |
Fair
|
Last 5Y | 7.60 | 2.04 | [3.51 · 5.55 , 9.64 · 11.69] |
|
-0.48 σ |
Fair
|
Last 6Y | 8.13 | 2.10 | [3.93 · 6.03 , 10.23 · 12.33] |
|
-0.72 σ |
Fair
|
Last 7Y | 8.73 | 2.27 | [4.18 · 6.45 , 11.00 · 13.27] |
|
-0.93 σ |
Fair
|
Last 8Y | 9.24 | 2.40 | [4.44 · 6.84 , 11.64 · 14.04] |
|
-1.09 σ |
Undervalued
|
Last 9Y | 9.58 | 2.36 | [4.87 · 7.23 , 11.94 · 14.30] |
|
-1.26 σ |
Undervalued
|
Last 10Y | 10.13 | 2.46 | [5.21 · 7.67 , 12.59 · 15.05] |
|
-1.43 σ |
Undervalued
|
Last 11Y | 10.54 | 2.57 | [5.40 · 7.97 , 13.12 · 15.69] |
|
-1.52 σ |
Undervalued
|
Last 12Y | 11.01 | 2.74 | [5.54 · 8.27 , 13.74 · 16.48] |
|
-1.60 σ |
Undervalued
|
Last 13Y | 11.23 | 2.66 | [5.91 · 8.57 , 13.89 · 16.55] |
|
-1.73 σ |
Undervalued
|
Last 14Y | 11.61 | 2.76 | [6.09 · 8.85 , 14.38 · 17.14] |
|
-1.81 σ |
Undervalued
|
Last 15Y | 12.07 | 2.85 | [6.38 · 9.22 , 14.91 · 17.76] |
|
-1.91 σ |
Undervalued
|
Last 16Y | 12.21 | 2.80 | [6.60 · 9.40 , 15.01 · 17.81] |
|
-1.99 σ |
Undervalued
|
Last 17Y | 12.18 | 2.70 | [6.78 · 9.48 , 14.88 · 17.58] |
|
-2.06 σ |
Cheap
|
Last 18Y | 12.45 | 2.76 | [6.93 · 9.69 , 15.21 · 17.98] |
|
-2.11 σ |
Cheap
|
Last 19Y | 12.74 | 2.84 | [7.07 · 9.91 , 15.58 · 18.41] |
|
-2.16 σ |
Cheap
|
Last 20Y | 13.08 | 2.89 | [7.31 · 10.20 , 15.97 · 18.85] |
|
-2.24 σ |
Cheap
|
P/E Comparison
How is the Colombia Stock Market P/E Ratio, compared to other global ratios?
Deviation vs μ | ||||||||
---|---|---|---|---|---|---|---|---|
Trend | P/E | 1Y | 5Y | 10Y | 20Y | |||
|
Colombia | 6.62 |
|
+4.57 σ | -0.48 σ | -1.43 σ | -2.24 σ | |
All World | 20.46 |
|
+0.66 σ | +1.89 σ | +2.96 σ | +3.83 σ | ||
Emerging Markets | 13.29 |
|
-1.00 σ | -0.22 σ | +0.02 σ | +0.49 σ |
Colombia Stock Market Trend
Trend is evaluated considering the price of the GXG Etf and its 200/50-day moving averages (SMA).
Trend | Indicator | Valuation | Margin | |
---|---|---|---|---|
Long Term | Price vs SMA200 | -4.65% | 20 Dec | |
Short Term | Price vs SMA50 | -0.45% | 20 Dec |