7.96
Last update: 03 May 2024
The estimated P/E Ratio for Greece Stock Market is 7.96, calculated on 03 May 2024.
Considering the last 5 years, an average P/E interval is [8.89 , 13.09]. 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.
03 May 2024 · P/E Ratio: 7.96
03 May 2024 · P/E Ratio: 7.96 ·
1Y Average: 7.11 ·
1 Std Dev range: [6.93 , 7.28] ·
2 Std Dev range: [6.76 , 7.45]
03 May 2024 · P/E Ratio: 7.96 ·
5Y Average: 10.99 ·
1 Std Dev range: [8.89 , 13.09] ·
2 Std Dev range: [6.79 , 15.19]
03 May 2024 · P/E Ratio: 7.96 ·
10Y Average: 11.76 ·
1 Std Dev range: [9.98 , 13.53] ·
2 Std Dev range: [8.21 , 15.30]
03 May 2024 · P/E Ratio: 7.96 ·
20Y Average: 11.54 ·
1 Std Dev range: [9.32 , 13.75] ·
2 Std Dev range: [7.10 , 15.97]
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".
03 May 2024 · P/E Ratio: 7.96 · 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 ( 7.96 ) |
Deviation vs μ |
Valuation |
| Last 1Y | 7.11 | 0.17 | [6.76 · 6.93 , 7.28 · 7.45] |
|
+5.00 σ |
Expensive
|
| Last 2Y | 8.07 | 1.17 | [5.74 · 6.90 , 9.23 · 10.40] |
|
-0.09 σ |
Fair
|
| Last 3Y | 9.44 | 2.07 | [5.30 · 7.37 , 11.51 · 13.58] |
|
-0.72 σ |
Fair
|
| Last 4Y | 10.40 | 2.21 | [5.98 · 8.19 , 12.61 · 14.82] |
|
-1.10 σ |
Undervalued
|
| Last 5Y | 10.99 | 2.10 | [6.79 · 8.89 , 13.09 · 15.19] |
|
-1.44 σ |
Undervalued
|
| Last 6Y | 11.24 | 1.90 | [7.44 · 9.34 , 13.14 · 15.04] |
|
-1.73 σ |
Undervalued
|
| Last 7Y | 11.73 | 1.93 | [7.87 · 9.80 , 13.67 · 15.60] |
|
-1.95 σ |
Undervalued
|
| Last 8Y | 11.89 | 1.74 | [8.40 · 10.15 , 13.63 · 15.37] |
|
-2.26 σ |
Cheap
|
| Last 9Y | 11.59 | 1.80 | [7.99 · 9.79 , 13.38 · 15.18] |
|
-2.02 σ |
Cheap
|
| Last 10Y | 11.76 | 1.77 | [8.21 · 9.98 , 13.53 · 15.30] |
|
-2.14 σ |
Cheap
|
| Last 11Y | 11.96 | 1.77 | [8.42 · 10.19 , 13.72 · 15.49] |
|
-2.26 σ |
Cheap
|
| Last 12Y | 11.92 | 1.87 | [8.18 · 10.05 , 13.79 · 15.67] |
|
-2.12 σ |
Cheap
|
| Last 13Y | 11.49 | 2.15 | [7.18 · 9.33 , 13.64 · 15.80] |
|
-1.64 σ |
Undervalued
|
| Last 14Y | 11.23 | 2.21 | [6.82 · 9.02 , 13.43 · 15.64] |
|
-1.48 σ |
Undervalued
|
| Last 15Y | 11.14 | 2.15 | [6.83 · 8.99 , 13.29 · 15.45] |
|
-1.48 σ |
Undervalued
|
| Last 16Y | 10.86 | 2.23 | [6.40 · 8.63 , 13.09 · 15.32] |
|
-1.30 σ |
Undervalued
|
| Last 17Y | 10.98 | 2.20 | [6.57 · 8.78 , 13.19 · 15.39] |
|
-1.37 σ |
Undervalued
|
| Last 18Y | 11.13 | 2.18 | [6.77 · 8.95 , 13.31 · 15.49] |
|
-1.45 σ |
Undervalued
|
| Last 19Y | 11.35 | 2.24 | [6.87 · 9.11 , 13.58 · 15.82] |
|
-1.51 σ |
Undervalued
|
| Last 20Y | 11.54 | 2.22 | [7.10 · 9.32 , 13.75 · 15.97] |
|
-1.61 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 | 7.96 |
|
+5.00 σ | -1.44 σ | -2.14 σ | -1.61 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 | ||
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 | +10.62% | 03 May | |
| Short Term | Price vs SMA50 | +3.57% | 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.