The estimated P/E Ratio for Turkey Stock Market is 4.82, calculated on 21 February 2025.
Considering the last 5 years, an average P/E interval is [4.64 , 6.15]. For this reason, the current P/E can be considered Fair
P/E Ratio is calculated on the TUR Etf, whose benchmark is the Turkey 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 Turkey Stock Market P/E Ratio has changed over time. Furthermore, for some trailing timeframes, you can view the average P/E and standard deviation.
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".
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 ( 4.82 ) |
Deviation vs μ |
Valuation |
Last 1Y | 5.88 | 1.34 | [3.20 · 4.54 , 7.21 · 8.55] |
|
-0.79 σ |
Fair
|
Last 2Y | 5.48 | 1.02 | [3.45 · 4.46 , 6.50 · 7.52] |
|
-0.65 σ |
Fair
|
Last 3Y | 4.99 | 0.77 | [3.46 · 4.23 , 5.76 · 6.53] |
|
-0.22 σ |
Fair
|
Last 4Y | 5.11 | 0.69 | [3.73 · 4.42 , 5.80 · 6.49] |
|
-0.41 σ |
Fair
|
Last 5Y | 5.40 | 0.76 | [3.88 · 4.64 , 6.15 · 6.91] |
|
-0.76 σ |
Fair
|
Last 6Y | 5.52 | 0.72 | [4.08 · 4.80 , 6.24 · 6.96] |
|
-0.97 σ |
Fair
|
Last 7Y | 5.62 | 0.68 | [4.25 · 4.94 , 6.30 · 6.99] |
|
-1.17 σ |
Undervalued
|
Last 8Y | 5.88 | 0.88 | [4.12 · 5.00 , 6.76 · 7.64] |
|
-1.20 σ |
Undervalued
|
Last 9Y | 6.14 | 1.03 | [4.08 · 5.11 , 7.18 · 8.21] |
|
-1.28 σ |
Undervalued
|
Last 10Y | 6.44 | 1.17 | [4.10 · 5.27 , 7.61 · 8.78] |
|
-1.38 σ |
Undervalued
|
Last 11Y | 6.69 | 1.31 | [4.06 · 5.38 , 8.00 · 9.31] |
|
-1.42 σ |
Undervalued
|
Last 12Y | 6.94 | 1.43 | [4.08 · 5.51 , 8.37 · 9.80] |
|
-1.48 σ |
Undervalued
|
Last 13Y | 7.16 | 1.53 | [4.11 · 5.63 , 8.68 · 10.21] |
|
-1.53 σ |
Undervalued
|
Last 14Y | 7.33 | 1.55 | [4.24 · 5.78 , 8.88 · 10.42] |
|
-1.62 σ |
Undervalued
|
Last 15Y | 7.54 | 1.57 | [4.39 · 5.97 , 9.11 · 10.68] |
|
-1.73 σ |
Undervalued
|
Last 16Y | 7.60 | 1.56 | [4.49 · 6.04 , 9.15 · 10.71] |
|
-1.78 σ |
Undervalued
|
Last 17Y | 7.52 | 1.54 | [4.44 · 5.98 , 9.06 · 10.61] |
|
-1.75 σ |
Undervalued
|
Last 18Y | 7.68 | 1.58 | [4.51 · 6.09 , 9.26 · 10.85] |
|
-1.80 σ |
Undervalued
|
Last 19Y | 7.78 | 1.58 | [4.62 · 6.20 , 9.37 · 10.95] |
|
-1.87 σ |
Undervalued
|
Last 20Y | 7.98 | 1.63 | [4.71 · 6.34 , 9.61 · 11.25] |
|
-1.93 σ |
Undervalued
|
P/E Comparison
How is the Turkey Stock Market P/E Ratio, compared to other global ratios?
Deviation vs μ | ||||||||
---|---|---|---|---|---|---|---|---|
Trend | P/E | 1Y | 5Y | 10Y | 20Y | |||
|
Turkey | 4.82 |
|
-0.79 σ | -0.76 σ | -1.38 σ | -1.93 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 |
Turkey Stock Market Trend
Trend is evaluated considering the price of the TUR Etf and its 200/50-day moving averages (SMA).
Trend | Indicator | Valuation | Margin | |
---|---|---|---|---|
Long Term | Price vs SMA200 | -11.11% | 21 Feb | |
Short Term | Price vs SMA50 | -6.75% | 21 Feb |