17.43
Last update: 20 November 2024
The estimated P/E Ratio for Argentina Stock Market is 17.43, calculated on 20 November 2024.
Considering the last 5 years, an average P/E interval is [10.68 , 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.
20 November 2024 · P/E Ratio: 17.43
20 November 2024 · P/E Ratio: 17.43 ·
1Y Average: 14.34 ·
1 Std Dev range: [11.86 , 16.81] ·
2 Std Dev range: [9.39 , 19.28]
20 November 2024 · P/E Ratio: 17.43 ·
5Y Average: 11.86 ·
1 Std Dev range: [10.68 , 13.03] ·
2 Std Dev range: [9.51 , 14.20]
20 November 2024 · P/E Ratio: 17.43 ·
10Y Average: 11.58 ·
1 Std Dev range: [10.15 , 13.02] ·
2 Std Dev range: [8.71 , 14.46]
20 November 2024 · P/E Ratio: 17.43 ·
20Y Average: 10.34 ·
1 Std Dev range: [8.12 , 12.56] ·
2 Std Dev range: [5.91 , 14.78]
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 November 2024 · P/E Ratio: 17.43 · 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 ( 17.43 ) |
Deviation vs μ |
Valuation |
| Last 1Y | 14.34 | 2.47 | [9.39 · 11.86 , 16.81 · 19.28] |
|
+1.25 σ |
Overvalued
|
| Last 2Y | 12.18 | 1.91 | [8.35 · 10.26 , 14.09 · 16.01] |
|
+2.74 σ |
Expensive
|
| Last 3Y | 11.23 | 1.69 | [7.85 · 9.54 , 12.92 · 14.60] |
|
+3.68 σ |
Expensive
|
| Last 4Y | 11.34 | 1.46 | [8.41 · 9.87 , 12.80 · 14.26] |
|
+4.17 σ |
Expensive
|
| Last 5Y | 11.86 | 1.17 | [9.51 · 10.68 , 13.03 · 14.20] |
|
+4.75 σ |
Expensive
|
| Last 6Y | 12.02 | 1.00 | [10.02 · 11.02 , 13.02 · 14.02] |
|
+5.41 σ |
Expensive
|
| Last 7Y | 12.23 | 0.94 | [10.35 · 11.29 , 13.17 · 14.10] |
|
+5.55 σ |
Expensive
|
| Last 8Y | 12.20 | 0.85 | [10.51 · 11.36 , 13.05 · 13.89] |
|
+6.18 σ |
Expensive
|
| Last 9Y | 11.93 | 1.07 | [9.79 · 10.86 , 13.00 · 14.06] |
|
+5.15 σ |
Expensive
|
| Last 10Y | 11.58 | 1.44 | [8.71 · 10.15 , 13.02 · 14.46] |
|
+4.07 σ |
Expensive
|
| Last 11Y | 11.14 | 1.80 | [7.54 · 9.34 , 12.94 · 14.74] |
|
+3.49 σ |
Expensive
|
| Last 12Y | 10.73 | 2.10 | [6.52 · 8.62 , 12.83 · 14.93] |
|
+3.19 σ |
Expensive
|
| Last 13Y | 10.24 | 2.46 | [5.32 · 7.78 , 12.70 · 15.16] |
|
+2.92 σ |
Expensive
|
| Last 14Y | 10.15 | 2.41 | [5.33 · 7.74 , 12.55 · 14.96] |
|
+3.03 σ |
Expensive
|
| Last 15Y | 10.20 | 2.26 | [5.67 · 7.93 , 12.46 · 14.73] |
|
+3.19 σ |
Expensive
|
| Last 16Y | 9.93 | 2.38 | [5.18 · 7.55 , 12.31 · 14.69] |
|
+3.15 σ |
Expensive
|
| Last 17Y | 10.04 | 2.32 | [5.39 · 7.72 , 12.37 · 14.69] |
|
+3.18 σ |
Expensive
|
| Last 18Y | 10.26 | 2.35 | [5.56 · 7.91 , 12.61 · 14.96] |
|
+3.05 σ |
Expensive
|
| Last 19Y | 10.27 | 2.31 | [5.66 · 7.96 , 12.58 · 14.89] |
|
+3.10 σ |
Expensive
|
| Last 20Y | 10.34 | 2.22 | [5.91 · 8.12 , 12.56 · 14.78] |
|
+3.20 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 | 17.43 |
|
+1.25 σ | +4.75 σ | +4.07 σ | +3.20 σ | |
| All World | 21.24 |
|
+1.65 σ | +2.51 σ | +3.63 σ | +4.41 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 | +34.30% | 20 Nov | |
| Short Term | Price vs SMA50 | +13.79% | 20 Nov |
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.