The estimated P/E Ratio for Colombia Stock Market is 5.60, calculated on 03 May 2024.
Considering the last 5 years, an average P/E interval is [6.08 , 10.41]. For this reason, the current P/E can be considered Undervalued
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.
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".
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 ( 5.60 ) |
Deviation vs μ |
Valuation |
Last 1Y | 4.92 | 0.45 | [4.02 · 4.47 , 5.37 · 5.82] |
|
+1.50 σ |
Overvalued
|
Last 2Y | 5.45 | 0.67 | [4.12 · 4.79 , 6.12 · 6.78] |
|
+0.22 σ |
Fair
|
Last 3Y | 6.54 | 1.56 | [3.42 · 4.98 , 8.10 · 9.65] |
|
-0.60 σ |
Fair
|
Last 4Y | 7.57 | 2.12 | [3.33 · 5.45 , 9.68 · 11.80] |
|
-0.93 σ |
Fair
|
Last 5Y | 8.25 | 2.17 | [3.91 · 6.08 , 10.41 · 12.58] |
|
-1.22 σ |
Undervalued
|
Last 6Y | 8.74 | 2.14 | [4.45 · 6.60 , 10.88 · 13.02] |
|
-1.47 σ |
Undervalued
|
Last 7Y | 9.44 | 2.39 | [4.66 · 7.05 , 11.82 · 14.21] |
|
-1.61 σ |
Undervalued
|
Last 8Y | 9.77 | 2.28 | [5.21 · 7.49 , 12.05 · 14.33] |
|
-1.83 σ |
Undervalued
|
Last 9Y | 10.15 | 2.28 | [5.59 · 7.87 , 12.42 · 14.70] |
|
-2.00 σ |
Undervalued
|
Last 10Y | 10.72 | 2.39 | [5.94 · 8.33 , 13.11 · 15.51] |
|
-2.14 σ |
Cheap
|
Last 11Y | 11.13 | 2.50 | [6.13 · 8.63 , 13.64 · 16.14] |
|
-2.21 σ |
Cheap
|
Last 12Y | 11.45 | 2.50 | [6.45 · 8.95 , 13.95 · 16.45] |
|
-2.34 σ |
Cheap
|
Last 13Y | 11.75 | 2.50 | [6.74 · 9.24 , 14.25 · 16.75] |
|
-2.46 σ |
Cheap
|
Last 14Y | 12.14 | 2.61 | [6.91 · 9.52 , 14.75 · 17.36] |
|
-2.50 σ |
Cheap
|
Last 15Y | 12.51 | 2.63 | [7.25 · 9.88 , 15.15 · 17.78] |
|
-2.63 σ |
Cheap
|
Last 16Y | 12.44 | 2.53 | [7.39 · 9.91 , 14.96 · 17.49] |
|
-2.71 σ |
Cheap
|
Last 17Y | 12.61 | 2.53 | [7.55 · 10.08 , 15.14 · 17.67] |
|
-2.77 σ |
Cheap
|
Last 18Y | 12.85 | 2.57 | [7.72 · 10.29 , 15.42 · 17.99] |
|
-2.83 σ |
Cheap
|
Last 19Y | 13.14 | 2.66 | [7.82 · 10.48 , 15.80 · 18.47] |
|
-2.83 σ |
Cheap
|
Last 20Y | 13.51 | 2.77 | [7.96 · 10.73 , 16.28 · 19.06] |
|
-2.85 σ |
Cheap
|
P/E Comparison
How is the Colombia Stock Market P/E Ratio, compared to other global ratios?
Deviation vs μ | ||||||||
---|---|---|---|---|---|---|---|---|
Trend | P/E | 1Y | 5Y | 10Y | 20Y | |||
|
Colombia | 5.60 |
|
+1.50 σ | -1.22 σ | -2.14 σ | -2.85 σ | |
All World | 20.50 |
|
+4.16 σ | +2.37 σ | +3.77 σ | +4.38 σ | ||
Emerging Markets | 14.10 |
|
+3.63 σ | +0.49 σ | +1.11 σ | +1.33 σ |
Colombia Stock Market Trend
Trend is evaluated considering the price of the GXG Etf and its 200/50-day moving averages (SMA).
Trend | Indicator | Valuation | Margin | |
---|---|---|---|---|
Long Term | Price vs SMA200 | +14.60% | 03 May | |
Short Term | Price vs SMA50 | +3.75% | 03 May |