4.46
Last update: 20 December 2024
The estimated P/E Ratio for Turkey Stock Market is 4.46, calculated on 20 December 2024.
Considering the last 5 years, an average P/E interval is [4.71 , 6.24]. For this reason, the current P/E can be considered Undervalued
P/E Ratio is calculated on the TUR Etf, whose benchmark is the Turkey 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 Turkey 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: 4.46
20 December 2024 · P/E Ratio: 4.46 ·
1Y Average: 6.09 ·
1 Std Dev range: [4.89 , 7.28] ·
2 Std Dev range: [3.70 , 8.48]
20 December 2024 · P/E Ratio: 4.46 ·
5Y Average: 5.47 ·
1 Std Dev range: [4.71 , 6.24] ·
2 Std Dev range: [3.94 , 7.00]
20 December 2024 · P/E Ratio: 4.46 ·
10Y Average: 6.52 ·
1 Std Dev range: [5.34 , 7.70] ·
2 Std Dev range: [4.17 , 8.87]
20 December 2024 · P/E Ratio: 4.46 ·
20Y Average: 8.04 ·
1 Std Dev range: [6.41 , 9.67] ·
2 Std Dev range: [4.78 , 11.30]
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: 4.46 · 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 ( 4.46 ) |
Deviation vs μ |
Valuation |
| Last 1Y | 6.09 | 1.20 | [3.70 · 4.89 , 7.28 · 8.48] |
|
-1.36 σ |
Undervalued
|
| Last 2Y | 5.53 | 0.98 | [3.56 · 4.55 , 6.52 · 7.50] |
|
-1.09 σ |
Undervalued
|
| Last 3Y | 5.10 | 0.81 | [3.48 · 4.29 , 5.91 · 6.72] |
|
-0.79 σ |
Fair
|
| Last 4Y | 5.21 | 0.74 | [3.73 · 4.47 , 5.95 · 6.69] |
|
-1.00 σ |
Undervalued
|
| Last 5Y | 5.47 | 0.76 | [3.94 · 4.71 , 6.24 · 7.00] |
|
-1.32 σ |
Undervalued
|
| Last 6Y | 5.57 | 0.70 | [4.17 · 4.87 , 6.27 · 6.97] |
|
-1.57 σ |
Undervalued
|
| Last 7Y | 5.69 | 0.69 | [4.31 · 5.00 , 6.37 · 7.06] |
|
-1.78 σ |
Undervalued
|
| Last 8Y | 5.96 | 0.89 | [4.17 · 5.06 , 6.85 · 7.74] |
|
-1.67 σ |
Undervalued
|
| Last 9Y | 6.22 | 1.04 | [4.15 · 5.18 , 7.26 · 8.29] |
|
-1.69 σ |
Undervalued
|
| Last 10Y | 6.52 | 1.18 | [4.17 · 5.34 , 7.70 · 8.87] |
|
-1.75 σ |
Undervalued
|
| Last 11Y | 6.76 | 1.31 | [4.15 · 5.45 , 8.07 · 9.38] |
|
-1.76 σ |
Undervalued
|
| Last 12Y | 7.03 | 1.45 | [4.13 · 5.58 , 8.48 · 9.93] |
|
-1.77 σ |
Undervalued
|
| Last 13Y | 7.22 | 1.50 | [4.21 · 5.72 , 8.72 · 10.22] |
|
-1.83 σ |
Undervalued
|
| Last 14Y | 7.41 | 1.55 | [4.32 · 5.86 , 8.96 · 10.50] |
|
-1.90 σ |
Undervalued
|
| Last 15Y | 7.60 | 1.55 | [4.50 · 6.05 , 9.15 · 10.70] |
|
-2.03 σ |
Cheap
|
| Last 16Y | 7.60 | 1.55 | [4.51 · 6.06 , 9.15 · 10.69] |
|
-2.03 σ |
Cheap
|
| Last 17Y | 7.59 | 1.53 | [4.52 · 6.06 , 9.12 · 10.66] |
|
-2.04 σ |
Cheap
|
| Last 18Y | 7.73 | 1.56 | [4.61 · 6.17 , 9.29 · 10.84] |
|
-2.10 σ |
Cheap
|
| Last 19Y | 7.84 | 1.57 | [4.70 · 6.27 , 9.41 · 10.98] |
|
-2.15 σ |
Cheap
|
| Last 20Y | 8.04 | 1.63 | [4.78 · 6.41 , 9.67 · 11.30] |
|
-2.19 σ |
Cheap
|
P/E Comparison
How is the Turkey 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 | |||
|
|
Turkey | 4.46 |
|
-1.36 σ | -1.32 σ | -1.75 σ | -2.19 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 | ||
Turkey Stock Market Trend
Trend is evaluated considering the price of the TUR Etf and its 200/50-day moving averages (SMA).
Swipe left to see all data
| Trend | Indicator | Valuation | Margin | |
|---|---|---|---|---|
| Long Term | Price vs SMA200 | -6.15% | 20 Dec | |
| Short Term | Price vs SMA50 | +2.14% | 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.