6.72
Last update: 20 December 2024
The estimated P/E Ratio for Africa Stocks is 6.72, calculated on 20 December 2024.
Considering the last 5 years, an average P/E interval is [10.12 , 12.65]. 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.
20 December 2024 · P/E Ratio: 6.72
20 December 2024 · P/E Ratio: 6.72 ·
1Y Average: 10.27 ·
1 Std Dev range: [9.82 , 10.72] ·
2 Std Dev range: [9.37 , 11.17]
20 December 2024 · P/E Ratio: 6.72 ·
5Y Average: 11.38 ·
1 Std Dev range: [10.12 , 12.65] ·
2 Std Dev range: [8.86 , 13.91]
20 December 2024 · P/E Ratio: 6.72 ·
10Y Average: 13.08 ·
1 Std Dev range: [11.45 , 14.72] ·
2 Std Dev range: [9.81 , 16.36]
20 December 2024 · P/E Ratio: 6.72 ·
20Y Average: 12.42 ·
1 Std Dev range: [11.10 , 13.73] ·
2 Std Dev range: [9.79 , 15.04]
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: 6.72 · 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 ( 6.72 ) |
Deviation vs μ |
Valuation |
| Last 1Y | 10.27 | 0.45 | [9.37 · 9.82 , 10.72 · 11.17] |
|
-7.90 σ |
Cheap
|
| Last 2Y | 10.25 | 0.52 | [9.21 · 9.73 , 10.76 · 11.28] |
|
-6.80 σ |
Cheap
|
| Last 3Y | 10.28 | 0.53 | [9.21 · 9.75 , 10.82 · 11.35] |
|
-6.67 σ |
Cheap
|
| Last 4Y | 10.82 | 0.92 | [8.98 · 9.90 , 11.74 · 12.67] |
|
-4.46 σ |
Cheap
|
| Last 5Y | 11.38 | 1.26 | [8.86 · 10.12 , 12.65 · 13.91] |
|
-3.69 σ |
Cheap
|
| Last 6Y | 11.71 | 1.30 | [9.10 · 10.41 , 13.01 · 14.32] |
|
-3.83 σ |
Cheap
|
| Last 7Y | 12.05 | 1.39 | [9.26 · 10.66 , 13.44 · 14.84] |
|
-3.83 σ |
Cheap
|
| Last 8Y | 12.42 | 1.54 | [9.33 · 10.88 , 13.96 · 15.51] |
|
-3.70 σ |
Cheap
|
| Last 9Y | 12.74 | 1.61 | [9.52 · 11.13 , 14.35 · 15.96] |
|
-3.74 σ |
Cheap
|
| Last 10Y | 13.08 | 1.64 | [9.81 · 11.45 , 14.72 · 16.36] |
|
-3.89 σ |
Cheap
|
| Last 11Y | 13.16 | 1.53 | [10.10 · 11.63 , 14.69 · 16.22] |
|
-4.21 σ |
Cheap
|
| Last 12Y | 13.11 | 1.44 | [10.24 · 11.68 , 14.55 · 15.99] |
|
-4.45 σ |
Cheap
|
| Last 13Y | 12.89 | 1.49 | [9.90 · 11.39 , 14.38 · 15.88] |
|
-4.13 σ |
Cheap
|
| Last 14Y | 12.71 | 1.53 | [9.66 · 11.19 , 14.24 · 15.77] |
|
-3.93 σ |
Cheap
|
| Last 15Y | 12.65 | 1.49 | [9.68 · 11.17 , 14.14 · 15.63] |
|
-3.99 σ |
Cheap
|
| Last 16Y | 12.53 | 1.48 | [9.58 · 11.06 , 14.01 · 15.48] |
|
-3.94 σ |
Cheap
|
| Last 17Y | 12.40 | 1.50 | [9.40 · 10.90 , 13.89 · 15.39] |
|
-3.79 σ |
Cheap
|
| Last 18Y | 12.41 | 1.43 | [9.56 · 10.99 , 13.84 · 15.26] |
|
-4.00 σ |
Cheap
|
| Last 19Y | 12.40 | 1.37 | [9.67 · 11.03 , 13.77 · 15.14] |
|
-4.16 σ |
Cheap
|
| Last 20Y | 12.42 | 1.31 | [9.79 · 11.10 , 13.73 · 15.04] |
|
-4.34 σ |
Cheap
|
Africa Stocks Trend
Trend is evaluated considering the price of the AFK Etf and its 200/50-day moving averages (SMA).
Swipe left to see all data
| Trend | Indicator | Valuation | Margin | |
|---|---|---|---|---|
| Long Term | Price vs SMA200 | +0.15% | 20 Dec | |
| Short Term | Price vs SMA50 | -3.10% | 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.