Argentina Stock Market: current P/E Ratio

20.83
Last update: 22 April 2024

The estimated P/E Ratio for Argentina Stock Market is 20.83, calculated on 22 April 2024.

Considering the last 5 years, an average P/E interval is [10.70 , 13.01]. 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.

22 April 2024 · P/E Ratio: 20.83
22 April 2024 · P/E Ratio: 20.83 · 1Y Average: 11.91 · 1 Std Dev range: [10.95 , 12.87] · 2 Std Dev range: [9.99 , 13.84]
22 April 2024 · P/E Ratio: 20.83 · 5Y Average: 11.85 · 1 Std Dev range: [10.69 , 13.01] · 2 Std Dev range: [9.54 , 14.17]
22 April 2024 · P/E Ratio: 20.83 · 10Y Average: 11.21 · 1 Std Dev range: [9.52 , 12.90] · 2 Std Dev range: [7.83 , 14.58]
22 April 2024 · P/E Ratio: 20.83 · 20Y Average: 10.22 · 1 Std Dev range: [8.07 , 12.36] · 2 Std Dev range: [5.92 , 14.51]
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".
22 April 2024 · P/E Ratio: 20.83 · Last Periods metrics
Show all periods
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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
( 20.83 )
Deviation
vs μ
Valuation
Last 1Y 11.91 0.96 [9.99 · 10.95 , 12.87 · 13.84]
+9.27 σ
Expensive
Last 2Y 10.47 1.84 [6.79 · 8.63 , 12.31 · 14.15]
+5.63 σ
Expensive
Last 3Y 10.94 1.47 [8.01 · 9.48 , 12.41 · 13.87]
+6.74 σ
Expensive
Last 4Y 11.31 1.44 [8.43 · 9.87 , 12.74 · 14.18]
+6.63 σ
Expensive
Last 5Y 11.85 1.16 [9.54 · 10.70 , 13.01 · 14.17]
+7.74 σ
Expensive
Last 6Y 12.05 1.02 [10.01 · 11.03 , 13.07 · 14.09]
+8.59 σ
Expensive
Last 7Y 12.16 0.84 [10.47 · 11.31 , 13.00 · 13.85]
+10.27 σ
Expensive
Last 8Y 11.98 0.94 [10.10 · 11.04 , 12.92 · 13.86]
+9.41 σ
Expensive
Last 9Y 11.58 1.36 [8.86 · 10.22 , 12.93 · 14.29]
+6.81 σ
Expensive
Last 10Y 11.21 1.69 [7.83 · 9.52 , 12.90 · 14.58]
+5.70 σ
Expensive
Last 11Y 10.77 1.98 [6.80 · 8.78 , 12.75 · 14.73]
+5.07 σ
Expensive
Last 12Y 10.28 2.37 [5.54 · 7.91 , 12.65 · 15.02]
+4.45 σ
Expensive
Last 13Y 9.95 2.45 [5.05 · 7.50 , 12.41 · 14.86]
+4.43 σ
Expensive
Last 14Y 10.00 2.34 [5.32 · 7.66 , 12.33 · 14.67]
+4.63 σ
Expensive
Last 15Y 9.97 2.25 [5.48 · 7.72 , 12.22 · 14.47]
+4.83 σ
Expensive
Last 16Y 9.87 2.34 [5.19 · 7.53 , 12.20 · 14.54]
+4.69 σ
Expensive
Last 17Y 10.06 2.34 [5.38 · 7.72 , 12.40 · 14.74]
+4.60 σ
Expensive
Last 18Y 10.14 2.33 [5.47 · 7.80 , 12.47 · 14.80]
+4.58 σ
Expensive
Last 19Y 10.18 2.25 [5.67 · 7.92 , 12.43 · 14.69]
+4.72 σ
Expensive
Last 20Y 10.22 2.15 [5.92 · 8.07 , 12.36 · 14.51]
+4.94 σ
Expensive

P/E Comparison

How is the Argentina Stock Market P/E Ratio, compared to other global ratios?

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Deviation vs μ
Trend P/E 1Y 5Y 10Y 20Y
Argentina 20.83
+9.27 σ +7.74 σ +5.70 σ +4.94 σ
All World 19.96
+3.91 σ +2.09 σ +3.44 σ +4.04 σ

Argentina Stock Market Trend

Trend is evaluated considering the price of the ARGT Etf and its 200/50-day moving averages (SMA).

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Trend Indicator Valuation Margin
Long Term Price vs SMA200 +16.87% 22 Apr
Short Term Price vs SMA50 +6.75% 22 Apr
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.