Egypt Stock Market: current P/E Ratio

10.80
Last update: 04 April 2024

The estimated P/E Ratio for Egypt Stock Market is 10.80, calculated on 04 April 2024.

Considering the last 5 years, an average P/E interval is [6.38 , 7.97]. For this reason, the current P/E can be considered Expensive

P/E Ratio is calculated on the EGPT Etf, whose benchmark is the Egypt 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 Egypt Stock Market P/E Ratio has changed over time. Furthermore, for some trailing timeframes, you can view the average P/E and standard deviation.

04 April 2024 · P/E Ratio: 10.80
04 April 2024 · P/E Ratio: 10.80 · 1Y Average: 8.44 · 1 Std Dev range: [7.84 , 9.04] · 2 Std Dev range: [7.24 , 9.64]
04 April 2024 · P/E Ratio: 10.80 · 5Y Average: 7.17 · 1 Std Dev range: [6.38 , 7.97] · 2 Std Dev range: [5.59 , 8.76]
04 April 2024 · P/E Ratio: 10.80 · 10Y Average: 8.50 · 1 Std Dev range: [7.14 , 9.86] · 2 Std Dev range: [5.78 , 11.22]
04 April 2024 · P/E Ratio: 10.80 · 20Y Average: 9.25 · 1 Std Dev range: [7.54 , 10.97] · 2 Std Dev range: [5.82 , 12.69]
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".
04 April 2024 · P/E Ratio: 10.80 · 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
( 10.80 )
Deviation
vs μ
Valuation
Last 1Y 8.44 0.60 [7.24 · 7.84 , 9.04 · 9.64]
+3.94 σ
Expensive
Last 2Y 7.54 0.87 [5.80 · 6.67 , 8.40 · 9.27]
+3.77 σ
Expensive
Last 3Y 7.16 1.04 [5.07 · 6.12 , 8.20 · 9.24]
+3.49 σ
Expensive
Last 4Y 7.03 0.91 [5.21 · 6.12 , 7.93 · 8.84]
+4.17 σ
Expensive
Last 5Y 7.17 0.79 [5.59 · 6.38 , 7.97 · 8.76]
+4.59 σ
Expensive
Last 6Y 7.42 0.85 [5.73 · 6.57 , 8.26 · 9.11]
+4.01 σ
Expensive
Last 7Y 7.73 1.00 [5.74 · 6.74 , 8.73 · 9.72]
+3.08 σ
Expensive
Last 8Y 8.09 1.25 [5.59 · 6.84 , 9.35 · 10.60]
+2.16 σ
Expensive
Last 9Y 8.23 1.26 [5.70 · 6.97 , 9.49 · 10.75]
+2.04 σ
Expensive
Last 10Y 8.50 1.36 [5.78 · 7.14 , 9.86 · 11.22]
+1.69 σ
Overvalued
Last 11Y 8.67 1.41 [5.86 · 7.27 , 10.08 · 11.49]
+1.51 σ
Overvalued
Last 12Y 8.48 1.43 [5.63 · 7.05 , 9.90 · 11.33]
+1.63 σ
Overvalued
Last 13Y 8.34 1.37 [5.59 · 6.96 , 9.71 · 11.08]
+1.80 σ
Overvalued
Last 14Y 8.41 1.35 [5.71 · 7.06 , 9.76 · 11.11]
+1.77 σ
Overvalued
Last 15Y 8.60 1.40 [5.81 · 7.21 , 10.00 · 11.40]
+1.57 σ
Overvalued
Last 16Y 8.55 1.38 [5.78 · 7.17 , 9.93 · 11.32]
+1.63 σ
Overvalued
Last 17Y 8.73 1.48 [5.77 · 7.25 , 10.22 · 11.70]
+1.39 σ
Overvalued
Last 18Y 8.93 1.60 [5.72 · 7.32 , 10.53 · 12.13]
+1.17 σ
Overvalued
Last 19Y 9.11 1.69 [5.72 · 7.41 , 10.80 · 12.49]
+1.00 σ
Overvalued
Last 20Y 9.25 1.72 [5.82 · 7.54 , 10.97 · 12.69]
+0.90 σ
Fair

P/E Comparison

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

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Deviation vs μ
Trend P/E 1Y 5Y 10Y 20Y
Egypt 10.80
+3.94 σ +4.59 σ +1.69 σ +0.90 σ
All World 19.49
+2.86 σ +1.68 σ +2.95 σ +3.66 σ
Emerging Markets 14.41
+4.30 σ +0.71 σ +1.46 σ +1.63 σ

Egypt Stock Market Trend

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

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Trend Indicator Valuation Margin
Long Term Price vs SMA200 -5.67% 04 Apr
Short Term Price vs SMA50 -14.71% 04 Apr
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.