7.78
Last update: 17 January 2025
The estimated P/E Ratio for Greece Stock Market is 7.78, calculated on 17 January 2025.
Considering the last 5 years, an average P/E interval is [7.69 , 12.35]. For this reason, the current P/E can be considered Fair
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.
17 January 2025 · P/E Ratio: 7.78
17 January 2025 · P/E Ratio: 7.78 ·
1Y Average: 6.80 ·
1 Std Dev range: [6.32 , 7.29] ·
2 Std Dev range: [5.83 , 7.78]
17 January 2025 · P/E Ratio: 7.78 ·
5Y Average: 10.02 ·
1 Std Dev range: [7.69 , 12.35] ·
2 Std Dev range: [5.36 , 14.67]
17 January 2025 · P/E Ratio: 7.78 ·
10Y Average: 11.23 ·
1 Std Dev range: [9.19 , 13.27] ·
2 Std Dev range: [7.14 , 15.32]
17 January 2025 · P/E Ratio: 7.78 ·
20Y Average: 11.28 ·
1 Std Dev range: [8.94 , 13.63] ·
2 Std Dev range: [6.59 , 15.98]
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".
17 January 2025 · P/E Ratio: 7.78 · 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 ( 7.78 ) |
Deviation vs μ |
Valuation |
| Last 1Y | 6.80 | 0.49 | [5.83 · 6.32 , 7.29 · 7.78] |
|
+2.01 σ |
Expensive
|
| Last 2Y | 7.03 | 0.31 | [6.40 · 6.71 , 7.34 · 7.65] |
|
+2.40 σ |
Expensive
|
| Last 3Y | 7.95 | 1.24 | [5.47 · 6.71 , 9.18 · 10.42] |
|
-0.13 σ |
Fair
|
| Last 4Y | 9.23 | 2.22 | [4.79 · 7.01 , 11.45 · 13.68] |
|
-0.65 σ |
Fair
|
| Last 5Y | 10.02 | 2.33 | [5.36 · 7.69 , 12.35 · 14.67] |
|
-0.96 σ |
Fair
|
| Last 6Y | 10.53 | 2.30 | [5.92 · 8.23 , 12.83 · 15.13] |
|
-1.19 σ |
Undervalued
|
| Last 7Y | 10.91 | 2.22 | [6.48 · 8.70 , 13.13 · 15.35] |
|
-1.41 σ |
Undervalued
|
| Last 8Y | 11.33 | 2.23 | [6.86 · 9.09 , 13.56 · 15.80] |
|
-1.59 σ |
Undervalued
|
| Last 9Y | 11.39 | 2.10 | [7.19 · 9.29 , 13.49 · 15.59] |
|
-1.72 σ |
Undervalued
|
| Last 10Y | 11.23 | 2.04 | [7.14 · 9.19 , 13.27 · 15.32] |
|
-1.69 σ |
Undervalued
|
| Last 11Y | 11.51 | 2.08 | [7.35 · 9.43 , 13.58 · 15.66] |
|
-1.79 σ |
Undervalued
|
| Last 12Y | 11.73 | 2.07 | [7.59 · 9.66 , 13.81 · 15.88] |
|
-1.91 σ |
Undervalued
|
| Last 13Y | 11.48 | 2.17 | [7.15 · 9.31 , 13.65 · 15.81] |
|
-1.71 σ |
Undervalued
|
| Last 14Y | 11.15 | 2.32 | [6.52 · 8.83 , 13.47 · 15.78] |
|
-1.45 σ |
Undervalued
|
| Last 15Y | 10.98 | 2.32 | [6.35 · 8.66 , 13.30 · 15.61] |
|
-1.38 σ |
Undervalued
|
| Last 16Y | 10.82 | 2.28 | [6.25 · 8.53 , 13.10 · 15.38] |
|
-1.33 σ |
Undervalued
|
| Last 17Y | 10.68 | 2.28 | [6.11 · 8.39 , 12.96 · 15.24] |
|
-1.27 σ |
Undervalued
|
| Last 18Y | 10.85 | 2.29 | [6.27 · 8.56 , 13.14 · 15.43] |
|
-1.34 σ |
Undervalued
|
| Last 19Y | 11.03 | 2.30 | [6.44 · 8.73 , 13.32 · 15.62] |
|
-1.42 σ |
Undervalued
|
| Last 20Y | 11.28 | 2.35 | [6.59 · 8.94 , 13.63 · 15.98] |
|
-1.49 σ |
Undervalued
|
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 | 7.78 |
|
+2.01 σ | -0.96 σ | -1.69 σ | -1.49 σ | |
| All World | 21.60 |
|
+1.63 σ | +2.57 σ | +3.64 σ | +4.47 σ | ||
| Emerging Markets | 14.08 |
|
+0.43 σ | +0.30 σ | +0.84 σ | +1.19 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 | -1.31% | 17 Jan | |
| Short Term | Price vs SMA50 | +1.28% | 17 Jan |
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.