6.61
Last update: 20 November 2024
The estimated P/E Ratio for Colombia Stock Market is 6.61, calculated on 20 November 2024.
Considering the last 5 years, an average P/E interval is [5.58 , 9.80]. For this reason, the current P/E can be considered Fair
P/E Ratio is calculated on the GXG Etf, whose benchmark is the Colombia 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 Colombia 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: 6.61
20 November 2024 · P/E Ratio: 6.61 ·
1Y Average: 5.69 ·
1 Std Dev range: [5.45 , 5.93] ·
2 Std Dev range: [5.21 , 6.17]
20 November 2024 · P/E Ratio: 6.61 ·
5Y Average: 7.69 ·
1 Std Dev range: [5.58 , 9.80] ·
2 Std Dev range: [3.48 , 11.91]
20 November 2024 · P/E Ratio: 6.61 ·
10Y Average: 10.20 ·
1 Std Dev range: [7.74 , 12.66] ·
2 Std Dev range: [5.28 , 15.12]
20 November 2024 · P/E Ratio: 6.61 ·
20Y Average: 13.14 ·
1 Std Dev range: [10.27 , 16.01] ·
2 Std Dev range: [7.40 , 18.88]
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: 6.61 · 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 ( 6.61 ) |
Deviation vs μ |
Valuation |
| Last 1Y | 5.69 | 0.24 | [5.21 · 5.45 , 5.93 · 6.17] |
|
+3.79 σ |
Expensive
|
| Last 2Y | 5.38 | 0.54 | [4.29 · 4.84 , 5.92 · 6.46] |
|
+2.27 σ |
Expensive
|
| Last 3Y | 5.90 | 0.92 | [4.05 · 4.97 , 6.82 · 7.74] |
|
+0.77 σ |
Fair
|
| Last 4Y | 6.96 | 1.84 | [3.29 · 5.13 , 8.80 · 10.64] |
|
-0.19 σ |
Fair
|
| Last 5Y | 7.69 | 2.11 | [3.48 · 5.58 , 9.80 · 11.91] |
|
-0.51 σ |
Fair
|
| Last 6Y | 8.19 | 2.11 | [3.97 · 6.08 , 10.29 · 12.40] |
|
-0.75 σ |
Fair
|
| Last 7Y | 8.82 | 2.32 | [4.19 · 6.50 , 11.14 · 13.45] |
|
-0.96 σ |
Fair
|
| Last 8Y | 9.31 | 2.40 | [4.50 · 6.90 , 11.71 · 14.12] |
|
-1.12 σ |
Undervalued
|
| Last 9Y | 9.64 | 2.34 | [4.95 · 7.30 , 11.98 · 14.32] |
|
-1.29 σ |
Undervalued
|
| Last 10Y | 10.20 | 2.46 | [5.28 · 7.74 , 12.66 · 15.12] |
|
-1.46 σ |
Undervalued
|
| Last 11Y | 10.62 | 2.58 | [5.46 · 8.04 , 13.20 · 15.78] |
|
-1.56 σ |
Undervalued
|
| Last 12Y | 11.08 | 2.73 | [5.62 · 8.35 , 13.81 · 16.54] |
|
-1.64 σ |
Undervalued
|
| Last 13Y | 11.30 | 2.65 | [5.99 · 8.64 , 13.95 · 16.60] |
|
-1.77 σ |
Undervalued
|
| Last 14Y | 11.68 | 2.75 | [6.18 · 8.93 , 14.43 · 17.19] |
|
-1.84 σ |
Undervalued
|
| Last 15Y | 12.14 | 2.84 | [6.47 · 9.30 , 14.98 · 17.81] |
|
-1.95 σ |
Undervalued
|
| Last 16Y | 12.23 | 2.77 | [6.68 · 9.45 , 15.00 · 17.78] |
|
-2.03 σ |
Cheap
|
| Last 17Y | 12.23 | 2.68 | [6.88 · 9.55 , 14.91 · 17.59] |
|
-2.10 σ |
Cheap
|
| Last 18Y | 12.50 | 2.73 | [7.04 · 9.77 , 15.24 · 17.97] |
|
-2.16 σ |
Cheap
|
| Last 19Y | 12.80 | 2.82 | [7.16 · 9.98 , 15.63 · 18.45] |
|
-2.19 σ |
Cheap
|
| Last 20Y | 13.14 | 2.87 | [7.40 · 10.27 , 16.01 · 18.88] |
|
-2.28 σ |
Cheap
|
P/E Comparison
How is the Colombia 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 | |||
|
|
Colombia | 6.61 |
|
+3.79 σ | -0.51 σ | -1.46 σ | -2.28 σ | |
| All World | 21.24 |
|
+1.65 σ | +2.51 σ | +3.63 σ | +4.41 σ | ||
| Emerging Markets | 14.18 |
|
+0.77 σ | +0.36 σ | +0.96 σ | +1.29 σ | ||
Colombia Stock Market Trend
Trend is evaluated considering the price of the GXG Etf and its 200/50-day moving averages (SMA).
Swipe left to see all data
| Trend | Indicator | Valuation | Margin | |
|---|---|---|---|---|
| Long Term | Price vs SMA200 | -3.97% | 20 Nov | |
| Short Term | Price vs SMA50 | +0.85% | 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.