22.89
Last update: 03 May 2024
The estimated P/E Ratio for Argentina Stock Market is 22.89, calculated on 03 May 2024.
Considering the last 5 years, an average P/E interval is [10.70 , 13.03]. For this reason, the current P/E can be considered Expensive
P/E Ratio is calculated on the ARGT Etf, whose benchmark is the Argentina 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 Argentina Stock Market P/E Ratio has changed over time. Furthermore, for some trailing timeframes, you can view the average P/E and standard deviation.
03 May 2024 · P/E Ratio: 22.89
03 May 2024 · P/E Ratio: 22.89 ·
1Y Average: 12.90 ·
1 Std Dev range: [10.23 , 15.57] ·
2 Std Dev range: [7.56 , 18.24]
03 May 2024 · P/E Ratio: 22.89 ·
5Y Average: 11.86 ·
1 Std Dev range: [10.70 , 13.03] ·
2 Std Dev range: [9.53 , 14.20]
03 May 2024 · P/E Ratio: 22.89 ·
10Y Average: 11.27 ·
1 Std Dev range: [9.61 , 12.92] ·
2 Std Dev range: [7.95 , 14.58]
03 May 2024 · P/E Ratio: 22.89 ·
20Y Average: 10.23 ·
1 Std Dev range: [8.07 , 12.39] ·
2 Std Dev range: [5.91 , 14.56]
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".
03 May 2024 · P/E Ratio: 22.89 · 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 ( 22.89 ) |
Deviation vs μ |
Valuation |
| Last 1Y | 12.90 | 2.67 | [7.56 · 10.23 , 15.57 · 18.24] |
|
+3.74 σ |
Expensive
|
| Last 2Y | 10.56 | 1.94 | [6.69 · 8.62 , 12.49 · 14.43] |
|
+6.37 σ |
Expensive
|
| Last 3Y | 11.01 | 1.52 | [7.97 · 9.49 , 12.53 · 14.05] |
|
+7.82 σ |
Expensive
|
| Last 4Y | 11.31 | 1.44 | [8.43 · 9.87 , 12.74 · 14.18] |
|
+8.06 σ |
Expensive
|
| Last 5Y | 11.86 | 1.17 | [9.53 · 10.70 , 13.03 · 14.20] |
|
+9.46 σ |
Expensive
|
| Last 6Y | 12.06 | 1.03 | [10.00 · 11.03 , 13.09 · 14.11] |
|
+10.54 σ |
Expensive
|
| Last 7Y | 12.16 | 0.85 | [10.46 · 11.31 , 13.01 · 13.86] |
|
+12.61 σ |
Expensive
|
| Last 8Y | 12.03 | 0.92 | [10.20 · 11.11 , 12.94 · 13.86] |
|
+11.87 σ |
Expensive
|
| Last 9Y | 11.62 | 1.35 | [8.92 · 10.27 , 12.97 · 14.32] |
|
+8.37 σ |
Expensive
|
| Last 10Y | 11.27 | 1.66 | [7.95 · 9.61 , 12.92 · 14.58] |
|
+7.02 σ |
Expensive
|
| Last 11Y | 10.82 | 1.96 | [6.90 · 8.86 , 12.78 · 14.74] |
|
+6.16 σ |
Expensive
|
| Last 12Y | 10.35 | 2.33 | [5.69 · 8.02 , 12.68 · 15.01] |
|
+5.39 σ |
Expensive
|
| Last 13Y | 9.98 | 2.47 | [5.05 · 7.52 , 12.45 · 14.92] |
|
+5.23 σ |
Expensive
|
| Last 14Y | 10.02 | 2.35 | [5.31 · 7.67 , 12.37 · 14.72] |
|
+5.47 σ |
Expensive
|
| Last 15Y | 10.03 | 2.23 | [5.57 · 7.80 , 12.25 · 14.48] |
|
+5.78 σ |
Expensive
|
| Last 16Y | 9.88 | 2.35 | [5.18 · 7.53 , 12.23 · 14.58] |
|
+5.54 σ |
Expensive
|
| Last 17Y | 10.06 | 2.34 | [5.38 · 7.72 , 12.40 · 14.74] |
|
+5.49 σ |
Expensive
|
| Last 18Y | 10.16 | 2.35 | [5.46 · 7.81 , 12.51 · 14.86] |
|
+5.42 σ |
Expensive
|
| Last 19Y | 10.18 | 2.26 | [5.67 · 7.92 , 12.44 · 14.70] |
|
+5.63 σ |
Expensive
|
| Last 20Y | 10.23 | 2.16 | [5.91 · 8.07 , 12.39 · 14.56] |
|
+5.86 σ |
Expensive
|
P/E Comparison
How is the Argentina 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 | |||
|
|
Argentina | 22.89 |
|
+3.74 σ | +9.46 σ | +7.02 σ | +5.86 σ | |
| All World | 20.50 |
|
+4.16 σ | +2.37 σ | +3.77 σ | +4.38 σ | ||
Argentina Stock Market Trend
Trend is evaluated considering the price of the ARGT Etf and its 200/50-day moving averages (SMA).
Swipe left to see all data
| Trend | Indicator | Valuation | Margin | |
|---|---|---|---|---|
| Long Term | Price vs SMA200 | +27.12% | 03 May | |
| Short Term | Price vs SMA50 | +14.65% | 03 May |
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.