6.03
Last update: 20 December 2024
The estimated P/E Ratio for Greece Stock Market is 6.03, calculated on 20 December 2024.
Considering the last 5 years, an average P/E interval is [7.83 , 12.46]. For this reason, the current P/E can be considered Undervalued
P/E Ratio is calculated on the GREK Etf, whose benchmark is the Greece 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 Greece Stock Market P/E Ratio has changed over time. Furthermore, for some trailing timeframes, you can view the average P/E and standard deviation.
20 December 2024 · P/E Ratio: 6.03
20 December 2024 · P/E Ratio: 6.03 ·
1Y Average: 6.91 ·
1 Std Dev range: [6.57 , 7.26] ·
2 Std Dev range: [6.22 , 7.61]
20 December 2024 · P/E Ratio: 6.03 ·
5Y Average: 10.14 ·
1 Std Dev range: [7.83 , 12.46] ·
2 Std Dev range: [5.52 , 14.77]
20 December 2024 · P/E Ratio: 6.03 ·
10Y Average: 11.27 ·
1 Std Dev range: [9.27 , 13.27] ·
2 Std Dev range: [7.27 , 15.27]
20 December 2024 · P/E Ratio: 6.03 ·
20Y Average: 11.32 ·
1 Std Dev range: [8.99 , 13.65] ·
2 Std Dev range: [6.65 , 15.99]
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".
20 December 2024 · P/E Ratio: 6.03 · 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 ( 6.03 ) |
Deviation vs μ |
Valuation |
| Last 1Y | 6.91 | 0.35 | [6.22 · 6.57 , 7.26 · 7.61] |
|
-2.56 σ |
Cheap
|
| Last 2Y | 7.12 | 0.26 | [6.59 · 6.86 , 7.38 · 7.64] |
|
-4.16 σ |
Cheap
|
| Last 3Y | 8.09 | 1.30 | [5.48 · 6.78 , 9.39 · 10.70] |
|
-1.58 σ |
Undervalued
|
| Last 4Y | 9.39 | 2.25 | [4.89 · 7.14 , 11.63 · 13.88] |
|
-1.49 σ |
Undervalued
|
| Last 5Y | 10.14 | 2.31 | [5.52 · 7.83 , 12.46 · 14.77] |
|
-1.78 σ |
Undervalued
|
| Last 6Y | 10.61 | 2.25 | [6.11 · 8.36 , 12.86 · 15.12] |
|
-2.03 σ |
Cheap
|
| Last 7Y | 11.01 | 2.19 | [6.64 · 8.83 , 13.20 · 15.39] |
|
-2.28 σ |
Cheap
|
| Last 8Y | 11.40 | 2.19 | [7.03 · 9.22 , 13.59 · 15.78] |
|
-2.46 σ |
Cheap
|
| Last 9Y | 11.41 | 2.07 | [7.27 · 9.34 , 13.47 · 15.54] |
|
-2.60 σ |
Cheap
|
| Last 10Y | 11.27 | 2.00 | [7.27 · 9.27 , 13.27 · 15.27] |
|
-2.62 σ |
Cheap
|
| Last 11Y | 11.58 | 2.05 | [7.47 · 9.52 , 13.63 · 15.69] |
|
-2.70 σ |
Cheap
|
| Last 12Y | 11.79 | 2.04 | [7.71 · 9.75 , 13.83 · 15.87] |
|
-2.83 σ |
Cheap
|
| Last 13Y | 11.48 | 2.17 | [7.15 · 9.31 , 13.65 · 15.81] |
|
-2.52 σ |
Cheap
|
| Last 14Y | 11.16 | 2.30 | [6.56 · 8.86 , 13.46 · 15.76] |
|
-2.23 σ |
Cheap
|
| Last 15Y | 10.99 | 2.30 | [6.38 · 8.69 , 13.29 · 15.60] |
|
-2.15 σ |
Cheap
|
| Last 16Y | 10.82 | 2.28 | [6.25 · 8.53 , 13.10 · 15.38] |
|
-2.10 σ |
Cheap
|
| Last 17Y | 10.71 | 2.27 | [6.17 · 8.44 , 12.98 · 15.25] |
|
-2.06 σ |
Cheap
|
| Last 18Y | 10.89 | 2.28 | [6.33 · 8.61 , 13.17 · 15.44] |
|
-2.13 σ |
Cheap
|
| Last 19Y | 11.07 | 2.29 | [6.49 · 8.78 , 13.36 · 15.65] |
|
-2.20 σ |
Cheap
|
| Last 20Y | 11.32 | 2.33 | [6.65 · 8.99 , 13.65 · 15.99] |
|
-2.27 σ |
Cheap
|
P/E Comparison
How is the Greece 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 | |||
|
|
Greece | 6.03 |
|
-2.56 σ | -1.78 σ | -2.62 σ | -2.27 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 | ||
Greece Stock Market Trend
Trend is evaluated considering the price of the GREK Etf and its 200/50-day moving averages (SMA).
Swipe left to see all data
| Trend | Indicator | Valuation | Margin | |
|---|---|---|---|---|
| Long Term | Price vs SMA200 | -0.53% | 20 Dec | |
| Short Term | Price vs SMA50 | +1.68% | 20 Dec |
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.