5.80
Last update: 20 November 2024
The estimated P/E Ratio for Greece Stock Market is 5.80, calculated on 20 November 2024.
Considering the last 5 years, an average P/E interval is [7.98 , 12.57]. For this reason, the current P/E can be considered Undervalued
P/E Ratio is calculated on the GREK Etf, whose benchmark is the Greece 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 Greece 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: 5.80
20 November 2024 · P/E Ratio: 5.80 ·
1Y Average: 7.04 ·
1 Std Dev range: [6.86 , 7.22] ·
2 Std Dev range: [6.68 , 7.40]
20 November 2024 · P/E Ratio: 5.80 ·
5Y Average: 10.27 ·
1 Std Dev range: [7.98 , 12.57] ·
2 Std Dev range: [5.68 , 14.87]
20 November 2024 · P/E Ratio: 5.80 ·
10Y Average: 11.32 ·
1 Std Dev range: [9.36 , 13.28] ·
2 Std Dev range: [7.40 , 15.24]
20 November 2024 · P/E Ratio: 5.80 ·
20Y Average: 11.35 ·
1 Std Dev range: [9.03 , 13.67] ·
2 Std Dev range: [6.71 , 15.99]
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: 5.80 · 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 ( 5.80 ) |
Deviation vs μ |
Valuation |
| Last 1Y | 7.04 | 0.18 | [6.68 · 6.86 , 7.22 · 7.40] |
|
-6.99 σ |
Cheap
|
| Last 2Y | 7.27 | 0.60 | [6.08 · 6.68 , 7.87 · 8.47] |
|
-2.48 σ |
Cheap
|
| Last 3Y | 8.29 | 1.49 | [5.30 · 6.79 , 9.78 · 11.27] |
|
-1.67 σ |
Undervalued
|
| Last 4Y | 9.54 | 2.27 | [5.01 · 7.28 , 11.81 · 14.08] |
|
-1.65 σ |
Undervalued
|
| Last 5Y | 10.27 | 2.30 | [5.68 · 7.98 , 12.57 · 14.87] |
|
-1.95 σ |
Undervalued
|
| Last 6Y | 10.69 | 2.20 | [6.28 · 8.49 , 12.90 · 15.10] |
|
-2.22 σ |
Cheap
|
| Last 7Y | 11.11 | 2.16 | [6.80 · 8.95 , 13.27 · 15.42] |
|
-2.47 σ |
Cheap
|
| Last 8Y | 11.48 | 2.14 | [7.21 · 9.34 , 13.62 · 15.75] |
|
-2.66 σ |
Cheap
|
| Last 9Y | 11.41 | 2.05 | [7.31 · 9.36 , 13.47 · 15.52] |
|
-2.74 σ |
Cheap
|
| Last 10Y | 11.32 | 1.96 | [7.40 · 9.36 , 13.28 · 15.24] |
|
-2.82 σ |
Cheap
|
| Last 11Y | 11.65 | 2.03 | [7.59 · 9.62 , 13.67 · 15.70] |
|
-2.88 σ |
Cheap
|
| Last 12Y | 11.84 | 1.99 | [7.85 · 9.84 , 13.83 · 15.83] |
|
-3.03 σ |
Cheap
|
| Last 13Y | 11.48 | 2.17 | [7.15 · 9.31 , 13.65 · 15.81] |
|
-2.62 σ |
Cheap
|
| Last 14Y | 11.18 | 2.28 | [6.62 · 8.90 , 13.46 · 15.73] |
|
-2.36 σ |
Cheap
|
| Last 15Y | 11.01 | 2.28 | [6.44 · 8.72 , 13.29 · 15.58] |
|
-2.28 σ |
Cheap
|
| Last 16Y | 10.82 | 2.28 | [6.25 · 8.53 , 13.10 · 15.38] |
|
-2.20 σ |
Cheap
|
| Last 17Y | 10.75 | 2.26 | [6.23 · 8.49 , 13.01 · 15.26] |
|
-2.19 σ |
Cheap
|
| Last 18Y | 10.93 | 2.27 | [6.39 · 8.66 , 13.19 · 15.46] |
|
-2.26 σ |
Cheap
|
| Last 19Y | 11.11 | 2.29 | [6.54 · 8.83 , 13.40 · 15.68] |
|
-2.33 σ |
Cheap
|
| Last 20Y | 11.35 | 2.32 | [6.71 · 9.03 , 13.67 · 15.99] |
|
-2.40 σ |
Cheap
|
P/E Comparison
How is the Greece 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 | |||
|
|
Greece | 5.80 |
|
-6.99 σ | -1.95 σ | -2.82 σ | -2.40 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 | ||
Greece Stock Market Trend
Trend is evaluated considering the price of the GREK Etf and its 200/50-day moving averages (SMA).
Swipe left to see all data
| Trend | Indicator | Valuation | Margin | |
|---|---|---|---|---|
| Long Term | Price vs SMA200 | -5.71% | 20 Nov | |
| Short Term | Price vs SMA50 | -5.76% | 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.