The estimated P/E Ratio for Africa Stocks is 6.54, calculated on 17 January 2025.
Considering the last 5 years, an average P/E interval is [10.05 , 12.58]. 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 ( 6.54 ) |
Deviation vs μ |
Valuation |
Last 1Y | 9.93 | 0.98 | [7.97 · 8.95 , 10.91 · 11.88] |
|
-3.46 σ |
Cheap
|
Last 2Y | 10.15 | 0.63 | [8.89 · 9.52 , 10.79 · 11.42] |
|
-5.72 σ |
Cheap
|
Last 3Y | 10.22 | 0.53 | [9.15 · 9.68 , 10.75 · 11.28] |
|
-6.88 σ |
Cheap
|
Last 4Y | 10.73 | 0.89 | [8.96 · 9.85 , 11.62 · 12.51] |
|
-4.73 σ |
Cheap
|
Last 5Y | 11.31 | 1.27 | [8.78 · 10.05 , 12.58 · 13.85] |
|
-3.77 σ |
Cheap
|
Last 6Y | 11.66 | 1.33 | [9.00 · 10.33 , 12.99 · 14.32] |
|
-3.85 σ |
Cheap
|
Last 7Y | 11.98 | 1.40 | [9.18 · 10.58 , 13.38 · 14.78] |
|
-3.89 σ |
Cheap
|
Last 8Y | 12.36 | 1.56 | [9.25 · 10.80 , 13.91 · 15.47] |
|
-3.74 σ |
Cheap
|
Last 9Y | 12.69 | 1.63 | [9.42 · 11.05 , 14.32 · 15.95] |
|
-3.77 σ |
Cheap
|
Last 10Y | 13.04 | 1.66 | [9.71 · 11.37 , 14.70 · 16.36] |
|
-3.91 σ |
Cheap
|
Last 11Y | 13.13 | 1.56 | [10.00 · 11.56 , 14.69 · 16.25] |
|
-4.22 σ |
Cheap
|
Last 12Y | 13.10 | 1.47 | [10.16 · 11.63 , 14.56 · 16.03] |
|
-4.47 σ |
Cheap
|
Last 13Y | 12.89 | 1.50 | [9.90 · 11.39 , 14.38 · 15.88] |
|
-4.25 σ |
Cheap
|
Last 14Y | 12.70 | 1.55 | [9.61 · 11.15 , 14.25 · 15.79] |
|
-3.99 σ |
Cheap
|
Last 15Y | 12.63 | 1.50 | [9.63 · 11.13 , 14.14 · 15.64] |
|
-4.06 σ |
Cheap
|
Last 16Y | 12.53 | 1.48 | [9.58 · 11.06 , 14.01 · 15.48] |
|
-4.06 σ |
Cheap
|
Last 17Y | 12.38 | 1.51 | [9.35 · 10.87 , 13.89 · 15.41] |
|
-3.86 σ |
Cheap
|
Last 18Y | 12.40 | 1.44 | [9.52 · 10.96 , 13.84 · 15.28] |
|
-4.07 σ |
Cheap
|
Last 19Y | 12.39 | 1.38 | [9.63 · 11.01 , 13.77 · 15.15] |
|
-4.24 σ |
Cheap
|
Last 20Y | 12.40 | 1.33 | [9.75 · 11.08 , 13.73 · 15.05] |
|
-4.42 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 | +1.34% | 17 Jan | |
Short Term | Price vs SMA50 | +0.79% | 17 Jan |