The estimated P/E Ratio for Africa Stocks is 6.64, calculated on 21 February 2025.
Considering the last 5 years, an average P/E interval is [9.97 , 12.50]. For this reason, the current P/E can be considered Cheap
P/E Ratio is calculated on the AFK Etf, whose benchmark is the Africa Stocks.
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 Africa Stocks 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 ( 6.64 ) |
Deviation vs μ |
Valuation |
Last 1Y | 9.52 | 1.39 | [6.73 · 8.13 , 10.91 · 12.30] |
|
-2.07 σ |
Cheap
|
Last 2Y | 9.98 | 0.86 | [8.26 · 9.12 , 10.84 · 11.70] |
|
-3.89 σ |
Cheap
|
Last 3Y | 10.13 | 0.58 | [8.96 · 9.54 , 10.71 · 11.29] |
|
-5.99 σ |
Cheap
|
Last 4Y | 10.66 | 0.88 | [8.90 · 9.78 , 11.53 · 12.41] |
|
-4.57 σ |
Cheap
|
Last 5Y | 11.24 | 1.27 | [8.70 · 9.97 , 12.50 · 13.77] |
|
-3.63 σ |
Cheap
|
Last 6Y | 11.60 | 1.35 | [8.91 · 10.26 , 12.95 · 14.30] |
|
-3.69 σ |
Cheap
|
Last 7Y | 11.91 | 1.40 | [9.11 · 10.51 , 13.32 · 14.72] |
|
-3.76 σ |
Cheap
|
Last 8Y | 12.29 | 1.56 | [9.17 · 10.73 , 13.85 · 15.41] |
|
-3.62 σ |
Cheap
|
Last 9Y | 12.64 | 1.66 | [9.32 · 10.98 , 14.30 · 15.96] |
|
-3.62 σ |
Cheap
|
Last 10Y | 12.98 | 1.68 | [9.62 · 11.30 , 14.66 · 16.34] |
|
-3.77 σ |
Cheap
|
Last 11Y | 13.09 | 1.59 | [9.91 · 11.50 , 14.69 · 16.28] |
|
-4.05 σ |
Cheap
|
Last 12Y | 13.08 | 1.49 | [10.09 · 11.58 , 14.57 · 16.07] |
|
-4.31 σ |
Cheap
|
Last 13Y | 12.88 | 1.50 | [9.87 · 11.38 , 14.39 · 15.89] |
|
-4.15 σ |
Cheap
|
Last 14Y | 12.69 | 1.56 | [9.56 · 11.12 , 14.25 · 15.81] |
|
-3.87 σ |
Cheap
|
Last 15Y | 12.62 | 1.52 | [9.58 · 11.10 , 14.14 · 15.66] |
|
-3.93 σ |
Cheap
|
Last 16Y | 12.53 | 1.48 | [9.58 · 11.06 , 14.01 · 15.48] |
|
-3.99 σ |
Cheap
|
Last 17Y | 12.37 | 1.53 | [9.32 · 10.84 , 13.89 · 15.42] |
|
-3.76 σ |
Cheap
|
Last 18Y | 12.38 | 1.45 | [9.47 · 10.93 , 13.83 · 15.28] |
|
-3.95 σ |
Cheap
|
Last 19Y | 12.38 | 1.39 | [9.59 · 10.98 , 13.77 · 15.17] |
|
-4.11 σ |
Cheap
|
Last 20Y | 12.39 | 1.34 | [9.71 · 11.05 , 13.73 · 15.06] |
|
-4.30 σ |
Cheap
|
Africa Stocks Trend
Trend is evaluated considering the price of the AFK Etf and its 200/50-day moving averages (SMA).
Trend | Indicator | Valuation | Margin | |
---|---|---|---|---|
Long Term | Price vs SMA200 | +4.50% | 21 Feb | |
Short Term | Price vs SMA50 | +3.42% | 21 Feb |