4.78
Last update: 17 January 2025
The estimated P/E Ratio for Turkey Stock Market is 4.78, calculated on 17 January 2025.
Considering the last 5 years, an average P/E interval is [4.67 , 6.21]. 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.
17 January 2025 · P/E Ratio: 4.78
17 January 2025 · P/E Ratio: 4.78 ·
1Y Average: 6.01 ·
1 Std Dev range: [4.73 , 7.28] ·
2 Std Dev range: [3.46 , 8.56]
17 January 2025 · P/E Ratio: 4.78 ·
5Y Average: 5.44 ·
1 Std Dev range: [4.67 , 6.21] ·
2 Std Dev range: [3.90 , 6.98]
17 January 2025 · P/E Ratio: 4.78 ·
10Y Average: 6.48 ·
1 Std Dev range: [5.30 , 7.65] ·
2 Std Dev range: [4.13 , 8.83]
17 January 2025 · P/E Ratio: 4.78 ·
20Y Average: 8.01 ·
1 Std Dev range: [6.38 , 9.64] ·
2 Std Dev range: [4.75 , 11.27]
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: 4.78 · 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 ( 4.78 ) |
Deviation vs μ |
Valuation |
| Last 1Y | 6.01 | 1.27 | [3.46 · 4.73 , 7.28 · 8.56] |
|
-0.96 σ |
Fair
|
| Last 2Y | 5.50 | 1.01 | [3.48 · 4.49 , 6.51 · 7.52] |
|
-0.71 σ |
Fair
|
| Last 3Y | 5.03 | 0.78 | [3.48 · 4.25 , 5.81 · 6.59] |
|
-0.32 σ |
Fair
|
| Last 4Y | 5.15 | 0.72 | [3.72 · 4.44 , 5.87 · 6.59] |
|
-0.51 σ |
Fair
|
| Last 5Y | 5.44 | 0.77 | [3.90 · 4.67 , 6.21 · 6.98] |
|
-0.85 σ |
Fair
|
| Last 6Y | 5.54 | 0.71 | [4.11 · 4.83 , 6.26 · 6.97] |
|
-1.06 σ |
Undervalued
|
| Last 7Y | 5.65 | 0.69 | [4.28 · 4.96 , 6.34 · 7.03] |
|
-1.26 σ |
Undervalued
|
| Last 8Y | 5.92 | 0.89 | [4.14 · 5.03 , 6.81 · 7.69] |
|
-1.27 σ |
Undervalued
|
| Last 9Y | 6.18 | 1.04 | [4.11 · 5.14 , 7.21 · 8.25] |
|
-1.34 σ |
Undervalued
|
| Last 10Y | 6.48 | 1.17 | [4.13 · 5.30 , 7.65 · 8.83] |
|
-1.44 σ |
Undervalued
|
| Last 11Y | 6.73 | 1.31 | [4.10 · 5.41 , 8.04 · 9.35] |
|
-1.48 σ |
Undervalued
|
| Last 12Y | 6.98 | 1.44 | [4.10 · 5.54 , 8.42 · 9.87] |
|
-1.53 σ |
Undervalued
|
| Last 13Y | 7.19 | 1.52 | [4.16 · 5.67 , 8.71 · 10.23] |
|
-1.59 σ |
Undervalued
|
| Last 14Y | 7.37 | 1.55 | [4.27 · 5.82 , 8.92 · 10.46] |
|
-1.67 σ |
Undervalued
|
| Last 15Y | 7.57 | 1.57 | [4.44 · 6.01 , 9.14 · 10.70] |
|
-1.78 σ |
Undervalued
|
| Last 16Y | 7.60 | 1.55 | [4.51 · 6.06 , 9.15 · 10.69] |
|
-1.82 σ |
Undervalued
|
| Last 17Y | 7.56 | 1.54 | [4.48 · 6.02 , 9.09 · 10.63] |
|
-1.80 σ |
Undervalued
|
| Last 18Y | 7.70 | 1.57 | [4.56 · 6.13 , 9.27 · 10.84] |
|
-1.86 σ |
Undervalued
|
| Last 19Y | 7.81 | 1.58 | [4.66 · 6.24 , 9.39 · 10.96] |
|
-1.92 σ |
Undervalued
|
| Last 20Y | 8.01 | 1.63 | [4.75 · 6.38 , 9.64 · 11.27] |
|
-1.98 σ |
Undervalued
|
P/E Comparison
How is the Turkey 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 | |||
|
|
Turkey | 4.78 |
|
-0.96 σ | -0.85 σ | -1.44 σ | -1.98 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 | ||
Turkey Stock Market Trend
Trend is evaluated considering the price of the TUR Etf and its 200/50-day moving averages (SMA).
Swipe left to see all data
| Trend | Indicator | Valuation | Margin | |
|---|---|---|---|---|
| Long Term | Price vs SMA200 | -4.83% | 17 Jan | |
| Short Term | Price vs SMA50 | +0.98% | 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.