Latin America Stocks: current P/E Ratio

8.82
Last update: 17 May 2024

The estimated P/E Ratio for Latin America Stocks is 8.82, calculated on 17 May 2024.

Considering the last 5 years, an average P/E interval is [8.18 , 12.03]. For this reason, the current P/E can be considered Fair

P/E Ratio is calculated on the FLLA Etf, whose benchmark is the Latin America Stocks.

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 Latin America Stocks P/E Ratio has changed over time. Furthermore, for some trailing timeframes, you can view the average P/E and standard deviation.

17 May 2024 · P/E Ratio: 8.82
17 May 2024 · P/E Ratio: 8.82 · 1Y Average: 7.30 · 1 Std Dev range: [6.38 , 8.22] · 2 Std Dev range: [5.46 , 9.15]
17 May 2024 · P/E Ratio: 8.82 · 5Y Average: 10.10 · 1 Std Dev range: [8.18 , 12.03] · 2 Std Dev range: [6.26 , 13.95]
17 May 2024 · P/E Ratio: 8.82 · 10Y Average: 11.92 · 1 Std Dev range: [10.12 , 13.72] · 2 Std Dev range: [8.32 , 15.52]
17 May 2024 · P/E Ratio: 8.82 · 20Y Average: 11.52 · 1 Std Dev range: [10.04 , 12.99] · 2 Std Dev range: [8.56 , 14.47]
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".
17 May 2024 · P/E Ratio: 8.82 · 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
( 8.82 )		 Deviation
vs μ		 Valuation
Last 1Y 7.30 0.92 [5.46 · 6.38 , 8.22 · 9.15]
+1.65 σ
Overvalued
Last 2Y 7.52 0.89 [5.73 · 6.63 , 8.41 · 9.31]
+1.46 σ
Overvalued
Last 3Y 8.25 1.10 [6.05 · 7.15 , 9.34 · 10.44]
+0.53 σ
Fair
Last 4Y 9.24 1.73 [5.79 · 7.51 , 10.97 · 12.69]
-0.24 σ
Fair
Last 5Y 10.10 1.92 [6.26 · 8.18 , 12.03 · 13.95]
-0.66 σ
Fair
Last 6Y 10.47 1.82 [6.83 · 8.65 , 12.29 · 14.12]
-0.90 σ
Fair
Last 7Y 11.02 1.97 [7.09 · 9.05 , 12.98 · 14.95]
-1.12 σ
Undervalued
Last 8Y 11.39 1.97 [7.45 · 9.42 , 13.36 · 15.33]
-1.30 σ
Undervalued
Last 9Y 11.63 1.90 [7.84 · 9.74 , 13.53 · 15.43]
-1.48 σ
Undervalued
Last 10Y 11.92 1.80 [8.32 · 10.12 , 13.72 · 15.52]
-1.72 σ
Undervalued
Last 11Y 11.96 1.66 [8.64 · 10.30 , 13.62 · 15.29]
-1.89 σ
Undervalued
Last 12Y 12.02 1.55 [8.92 · 10.47 , 13.58 · 15.13]
-2.06 σ
Cheap
Last 13Y 11.92 1.48 [8.95 · 10.43 , 13.40 · 14.88]
-2.08 σ
Cheap
Last 14Y 11.91 1.39 [9.13 · 10.52 , 13.30 · 14.69]
-2.22 σ
Cheap
Last 15Y 12.05 1.31 [9.43 · 10.74 , 13.36 · 14.67]
-2.46 σ
Cheap
Last 16Y 11.85 1.45 [8.95 · 10.40 , 13.30 · 14.75]
-2.09 σ
Cheap
Last 17Y 11.87 1.37 [9.12 · 10.50 , 13.24 · 14.62]
-2.22 σ
Cheap
Last 18Y 11.79 1.34 [9.11 · 10.45 , 13.12 · 14.46]
-2.21 σ
Cheap
Last 19Y 11.64 1.42 [8.80 · 10.22 , 13.06 · 14.48]
-1.98 σ
Undervalued
Last 20Y 11.52 1.48 [8.56 · 10.04 , 12.99 · 14.47]
-1.82 σ
Undervalued

Latin America Stocks Trend

Trend is evaluated considering the price of the FLLA Etf and its 200/50-day moving averages (SMA).

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Trend Indicator Valuation Margin
Long Term Price vs SMA200 +2.80% 17 May
Short Term Price vs SMA50 +1.76% 17 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.