6.94
Last update: 26 July 2024
The estimated P/E Ratio for Greece Stock Market is 6.94, calculated on 26 July 2024.
Considering the last 5 years, an average P/E interval is [8.56 , 12.94]. 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.
26 July 2024 · P/E Ratio: 6.94
26 July 2024 · P/E Ratio: 6.94 ·
1Y Average: 7.07 ·
1 Std Dev range: [6.87 , 7.27] ·
2 Std Dev range: [6.68 , 7.46]
26 July 2024 · P/E Ratio: 6.94 ·
5Y Average: 10.75 ·
1 Std Dev range: [8.56 , 12.94] ·
2 Std Dev range: [6.38 , 15.12]
26 July 2024 · P/E Ratio: 6.94 ·
10Y Average: 11.61 ·
1 Std Dev range: [9.77 , 13.44] ·
2 Std Dev range: [7.93 , 15.28]
26 July 2024 · P/E Ratio: 6.94 ·
20Y Average: 11.47 ·
1 Std Dev range: [9.22 , 13.72] ·
2 Std Dev range: [6.98 , 15.96]
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: 6.94 · 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 ( 6.94 ) |
Deviation vs μ |
Valuation |
| Last 1Y | 7.07 | 0.20 | [6.68 · 6.87 , 7.27 · 7.46] |
|
-0.66 σ |
Fair
|
| Last 2Y | 7.80 | 1.07 | [5.67 · 6.73 , 8.86 · 9.93] |
|
-0.81 σ |
Fair
|
| Last 3Y | 9.03 | 1.93 | [5.17 · 7.10 , 10.97 · 12.90] |
|
-1.08 σ |
Undervalued
|
| Last 4Y | 10.10 | 2.25 | [5.61 · 7.85 , 12.35 · 14.60] |
|
-1.41 σ |
Undervalued
|
| Last 5Y | 10.75 | 2.19 | [6.38 · 8.56 , 12.94 · 15.12] |
|
-1.74 σ |
Undervalued
|
| Last 6Y | 11.07 | 2.03 | [7.02 · 9.05 , 13.10 · 15.13] |
|
-2.04 σ |
Cheap
|
| Last 7Y | 11.52 | 2.02 | [7.48 · 9.50 , 13.54 · 15.56] |
|
-2.27 σ |
Cheap
|
| Last 8Y | 11.76 | 1.89 | [7.98 · 9.87 , 13.66 · 15.55] |
|
-2.55 σ |
Cheap
|
| Last 9Y | 11.51 | 1.90 | [7.70 · 9.61 , 13.41 · 15.32] |
|
-2.40 σ |
Cheap
|
| Last 10Y | 11.61 | 1.84 | [7.93 · 9.77 , 13.44 · 15.28] |
|
-2.54 σ |
Cheap
|
| Last 11Y | 11.88 | 1.87 | [8.14 · 10.01 , 13.75 · 15.62] |
|
-2.64 σ |
Cheap
|
| Last 12Y | 11.92 | 1.87 | [8.18 · 10.05 , 13.79 · 15.67] |
|
-2.66 σ |
Cheap
|
| Last 13Y | 11.48 | 2.17 | [7.14 · 9.31 , 13.65 · 15.81] |
|
-2.09 σ |
Cheap
|
| Last 14Y | 11.22 | 2.21 | [6.81 · 9.02 , 13.43 · 15.64] |
|
-1.94 σ |
Undervalued
|
| Last 15Y | 11.11 | 2.19 | [6.72 · 8.91 , 13.30 · 15.50] |
|
-1.90 σ |
Undervalued
|
| Last 16Y | 10.83 | 2.26 | [6.30 · 8.57 , 13.09 · 15.36] |
|
-1.72 σ |
Undervalued
|
| Last 17Y | 10.90 | 2.22 | [6.46 · 8.68 , 13.12 · 15.34] |
|
-1.79 σ |
Undervalued
|
| Last 18Y | 11.06 | 2.21 | [6.64 · 8.85 , 13.27 · 15.48] |
|
-1.87 σ |
Undervalued
|
| Last 19Y | 11.27 | 2.26 | [6.75 · 9.01 , 13.53 · 15.79] |
|
-1.92 σ |
Undervalued
|
| Last 20Y | 11.47 | 2.25 | [6.98 · 9.22 , 13.72 · 15.96] |
|
-2.02 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 | 6.94 |
|
-0.66 σ | -1.74 σ | -2.54 σ | -2.02 σ | |
| All World | 20.34 |
|
+2.49 σ | +2.12 σ | +3.43 σ | +4.13 σ | ||
| Emerging Markets | 13.91 |
|
+1.88 σ | +0.33 σ | +0.85 σ | +1.14 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 | +8.92% | 26 Jul | |
| Short Term | Price vs SMA50 | +2.66% | 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.