Africa Stocks: current P/E Ratio

6.54
Last update: 17 January 2025

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.

17 January 2025 · P/E Ratio: 6.54
17 January 2025 · P/E Ratio: 6.54 · 1Y Average: 9.93 · 1 Std Dev range: [8.95 , 10.91] · 2 Std Dev range: [7.97 , 11.88]
17 January 2025 · P/E Ratio: 6.54 · 5Y Average: 11.31 · 1 Std Dev range: [10.05 , 12.58] · 2 Std Dev range: [8.78 , 13.85]
17 January 2025 · P/E Ratio: 6.54 · 10Y Average: 13.04 · 1 Std Dev range: [11.37 , 14.70] · 2 Std Dev range: [9.71 , 16.36]
17 January 2025 · P/E Ratio: 6.54 · 20Y Average: 12.40 · 1 Std Dev range: [11.08 , 13.73] · 2 Std Dev range: [9.75 , 15.05]
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".
17 January 2025 · P/E Ratio: 6.54 · 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
( 6.54 )
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).

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Trend Indicator Valuation Margin
Long Term Price vs SMA200 +1.34% 17 Jan
Short Term Price vs SMA50 +0.79% 17 Jan
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.