Colombia Stock Market: current P/E Ratio

5.60
Last update: 03 May 2024

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.

03 May 2024 · P/E Ratio: 5.60
03 May 2024 · P/E Ratio: 5.60 · 1Y Average: 4.92 · 1 Std Dev range: [4.47 , 5.37] · 2 Std Dev range: [4.02 , 5.82]
03 May 2024 · P/E Ratio: 5.60 · 5Y Average: 8.25 · 1 Std Dev range: [6.08 , 10.41] · 2 Std Dev range: [3.91 , 12.58]
03 May 2024 · P/E Ratio: 5.60 · 10Y Average: 10.72 · 1 Std Dev range: [8.33 , 13.11] · 2 Std Dev range: [5.94 , 15.51]
03 May 2024 · P/E Ratio: 5.60 · 20Y Average: 13.51 · 1 Std Dev range: [10.73 , 16.28] · 2 Std Dev range: [7.96 , 19.06]
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".
03 May 2024 · P/E Ratio: 5.60 · 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
( 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?

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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).

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Trend Indicator Valuation Margin
Long Term Price vs SMA200 +14.60% 03 May
Short Term Price vs SMA50 +3.75% 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.