8.59
Last update: 21 February 2025
The estimated P/E Ratio for Greece Stock Market is 8.59, calculated on 21 February 2025.
Considering the last 5 years, an average P/E interval is [7.61 , 12.23]. 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.
21 February 2025 · P/E Ratio: 8.59
21 February 2025 · P/E Ratio: 8.59 ·
1Y Average: 6.87 ·
1 Std Dev range: [6.35 , 7.38] ·
2 Std Dev range: [5.84 , 7.89]
21 February 2025 · P/E Ratio: 8.59 ·
5Y Average: 9.92 ·
1 Std Dev range: [7.61 , 12.23] ·
2 Std Dev range: [5.30 , 14.54]
21 February 2025 · P/E Ratio: 8.59 ·
10Y Average: 11.20 ·
1 Std Dev range: [9.13 , 13.27] ·
2 Std Dev range: [7.07 , 15.34]
21 February 2025 · P/E Ratio: 8.59 ·
20Y Average: 11.25 ·
1 Std Dev range: [8.90 , 13.59] ·
2 Std Dev range: [6.56 , 15.94]
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".
21 February 2025 · P/E Ratio: 8.59 · 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 ( 8.59 ) |
Deviation vs μ |
Valuation |
| Last 1Y | 6.87 | 0.51 | [5.84 · 6.35 , 7.38 · 7.89] |
|
+3.35 σ |
Expensive
|
| Last 2Y | 7.03 | 0.31 | [6.40 · 6.71 , 7.34 · 7.65] |
|
+4.98 σ |
Expensive
|
| Last 3Y | 7.86 | 1.14 | [5.57 · 6.72 , 9.00 · 10.14] |
|
+0.64 σ |
Fair
|
| Last 4Y | 9.11 | 2.16 | [4.79 · 6.95 , 11.27 · 13.43] |
|
-0.24 σ |
Fair
|
| Last 5Y | 9.92 | 2.31 | [5.30 · 7.61 , 12.23 · 14.54] |
|
-0.58 σ |
Fair
|
| Last 6Y | 10.46 | 2.32 | [5.82 · 8.14 , 12.78 · 15.10] |
|
-0.81 σ |
Fair
|
| Last 7Y | 10.83 | 2.22 | [6.39 · 8.61 , 13.05 · 15.27] |
|
-1.01 σ |
Undervalued
|
| Last 8Y | 11.25 | 2.25 | [6.75 · 9.00 , 13.50 · 15.75] |
|
-1.19 σ |
Undervalued
|
| Last 9Y | 11.39 | 2.10 | [7.19 · 9.29 , 13.49 · 15.59] |
|
-1.33 σ |
Undervalued
|
| Last 10Y | 11.20 | 2.07 | [7.07 · 9.13 , 13.27 · 15.34] |
|
-1.26 σ |
Undervalued
|
| Last 11Y | 11.44 | 2.09 | [7.27 · 9.36 , 13.53 · 15.61] |
|
-1.37 σ |
Undervalued
|
| Last 12Y | 11.67 | 2.08 | [7.51 · 9.59 , 13.75 · 15.84] |
|
-1.48 σ |
Undervalued
|
| Last 13Y | 11.48 | 2.17 | [7.15 · 9.31 , 13.65 · 15.81] |
|
-1.34 σ |
Undervalued
|
| Last 14Y | 11.15 | 2.31 | [6.52 · 8.84 , 13.46 · 15.78] |
|
-1.11 σ |
Undervalued
|
| Last 15Y | 10.98 | 2.32 | [6.34 · 8.66 , 13.30 · 15.62] |
|
-1.03 σ |
Undervalued
|
| Last 16Y | 10.82 | 2.28 | [6.27 · 8.55 , 13.10 · 15.37] |
|
-0.98 σ |
Fair
|
| Last 17Y | 10.64 | 2.28 | [6.08 · 8.36 , 12.93 · 15.21] |
|
-0.90 σ |
Fair
|
| Last 18Y | 10.82 | 2.29 | [6.24 · 8.53 , 13.11 · 15.41] |
|
-0.98 σ |
Fair
|
| Last 19Y | 10.99 | 2.29 | [6.41 · 8.70 , 13.29 · 15.58] |
|
-1.05 σ |
Undervalued
|
| Last 20Y | 11.25 | 2.35 | [6.56 · 8.90 , 13.59 · 15.94] |
|
-1.14 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 | 8.59 |
|
+3.35 σ | -0.58 σ | -1.26 σ | -1.14 σ | |
| All World | 21.23 |
|
+1.22 σ | +2.21 σ | +3.28 σ | +4.17 σ | ||
| Emerging Markets | 14.58 |
|
+1.39 σ | +0.61 σ | +1.35 σ | +1.62 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 | +4.74% | 21 Feb | |
| Short Term | Price vs SMA50 | +5.43% | 21 Feb |
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.