Colombia Stock Market PE Ratio

The Colombia Stock Market currently trades at a current P/E ratio of 10.08 as of October 24, 2025.

Over the past five years, the median P/E has been 6.8, putting today's valuation in the 86.7th percentile of that range. Looking at the longer 10-year period, where the median sits at 10, the current reading ranks close to the median - a level historically associated with Fair Value pricing. The 20-year median of 12.61 provides additional context, with the current ratio in the 27.1th percentile of that extended timeframe.

This analysis is based on the Global X MSCI Colombia ETF (COLO) which serves as the benchmark for the Colombia market.

Since September 1996, the Global X MSCI Colombia ETF has recorded a median P/E ratio of 11.4 over 29 years. Against this full historical backdrop, the current valuation sits in the 39.7th percentile of all recorded readings, indicating that the market is trading below its long-term median.

Historical P/E Comparison

The table below compares the current P/E Ratio (10.08) with its historical median and percentile rankings.

Time Period	Median PE Ratio	Percentile Rank	Valuation
1 Year	8.05	100	Expensive
5 Year	6.8	86.7	Expensive
10 Year	10	51.7	Fair Value
20 Year	12.61	27.1	Undervalued
Since Sep 1996	11.4	39.7	Undervalued

Returns vs P/E Ratio

Over the past decade, the PE fell from 13 (46.1th percentile) to 10.08 (51.7th percentile). Annualized total return over this period was -13.3%. Percentile rank indicates position within the historical distribution. At fair value, outcomes have historically varied; near-term paths can be mixed while longer-horizon returns tend to cluster around historical averages.

Time Period	Starting PE Ratio	Starting Percentile	Total Return	Annualized Return
1 Year	5.96	20.1	+46.9%	+46.9%
3 Year	5.59	13.7	+82.2%	+22.1%
5 Year	12.32	50	+39.3%	+6.9%
10 Year	13.04	46.1	-76%	-13.3%

Historical Data (1996-2025)

Date	Current PE Ratio
Oct 2025	10.08
Sep 2025	8.91
Aug 2025	9.29
Jul 2025	8.17
Jun 2025	8.10
May 2025	8.13
Apr 2025	8
Mar 2025	7.27
Feb 2025	7.29
Jan 2025	6.86
Dec 2024	6.41
Nov 2024	6.68
Oct 2024	5.96
Sep 2024	5.94
Aug 2024	5.81
Jul 2024	5.80
Jun 2024	5.41
May 2024	6.74
Apr 2024	5.52
Mar 2024	5.95
Feb 2024	5.67
Jan 2024	5.18
Dec 2023	5.69
Nov 2023	4.71
Oct 2023	4.50
Sep 2023	4.65
Aug 2023	4.05
Jul 2023	4.90
Jun 2023	4.22
May 2023	4.75
Apr 2023	4.63
Mar 2023	4.82
Feb 2023	6.19
Jan 2023	6.61
Dec 2022	6.61
Nov 2022	5.59
Oct 2022	5.59
Sep 2022	5.23
Aug 2022	6.44
Jul 2022	6.44
Jun 2022	7.53
May 2022	7.53
Apr 2022	8.91
Mar 2022	8.91
Feb 2022	9.33
Jan 2022	9.33
Dec 2021	8.36
Nov 2021	8.87
Oct 2021	8.87
Sep 2021	9
Aug 2021	9
Jul 2021	9
Jun 2021	10.98
May 2021	11.48
Apr 2021	12.19
Mar 2021	12.87
Feb 2021	13.47
Jan 2021	15.25
Dec 2020	15.25
Nov 2020	13.12
Oct 2020	12.32
Sep 2020	10.62
Aug 2020	10.62
Jul 2020	8.81
Jun 2020	8.81
May 2020	7.37
Apr 2020	7.37
Mar 2020	5.63
Feb 2020	8.63
Jan 2020	11.06
Dec 2019	11.06
Nov 2019	11.25
Oct 2019	11.25
Sep 2019	10
Aug 2019	10
Jul 2019	10.60
Jun 2019	10.16
May 2019	10.16
Apr 2019	10.98
Mar 2019	11.10
Feb 2019	11.10
Jan 2019	10.24
Dec 2018	9.88
Nov 2018	9.88
Oct 2018	10.29
Sep 2018	10.93
Aug 2018	11.43
Jul 2018	11.43
Jun 2018	11.43
May 2018	12.05
Apr 2018	13.49
Mar 2018	12.14
Feb 2018	14.30
Jan 2018	14.30
Dec 2017	13.63
Nov 2017	13.05
Oct 2017	14.03
Sep 2017	14.03
Aug 2017	12.69
Jul 2017	12.61
Jun 2017	12.61
May 2017	12.61
Apr 2017	11.40
Mar 2017	11.40
Feb 2017	11.40
Jan 2017	12.06
Dec 2016	12.06
Nov 2016	12.04
Oct 2016	12.04
Sep 2016	11.37
Aug 2016	10.82
Jul 2016	10.82
Jun 2016	12.59
May 2016	12.59
Apr 2016	12.82
Mar 2016	11.98
Feb 2016	11.39
Jan 2016	10.55
Dec 2015	10.55
Nov 2015	11.30
Oct 2015	13.04
Sep 2015	14.78
Aug 2015	14.78
Jul 2015	16.41
Jun 2015	17.53
May 2015	19.31
Apr 2015	16.06
Mar 2015	15.75
Feb 2015	16.25
Jan 2015	13.89
Dec 2014	12.31
Nov 2014	13.55
Oct 2014	13.55
Sep 2014	13.93
Aug 2014	14.50
Jul 2014	15.58
Jun 2014	15.58
May 2014	15.23
Apr 2014	15.23
Mar 2014	15.23
Feb 2014	13.43
Jan 2014	12.81
Dec 2013	14.10
Nov 2013	14.96
Oct 2013	15.58
Sep 2013	16.44
Aug 2013	16.44
Jul 2013	15.57
Jun 2013	14.83
May 2013	14.06
Apr 2013	14.33
Mar 2013	14.82
Feb 2013	14.82
Jan 2013	16.29
Dec 2012	16.29
Nov 2012	15.06
Oct 2012	15.06
Sep 2012	12.82
Aug 2012	12.13
Jul 2012	12.13
Jun 2012	12.13
May 2012	13.81
Apr 2012	13.59
Mar 2012	13.59
Feb 2012	14.12
Jan 2012	14.12
Dec 2011	13.38
Nov 2011	15.12
Oct 2011	15
Sep 2011	15
Aug 2011	15.69
Jul 2011	16.26
Jun 2011	16.85
May 2011	17.63
Apr 2011	17.02
Mar 2011	17.02
Feb 2011	17.02
Jan 2011	18.11
Dec 2010	17.90
Nov 2010	17.90
Oct 2010	19.09
Sep 2010	18.75
Aug 2010	18.75
Jul 2010	17.25
Jun 2010	16.71
May 2010	15.34
Apr 2010	14.84
Mar 2010	15.77
Feb 2010	17.58
Jan 2010	17.53
Dec 2009	17.53
Nov 2009	17.32
Oct 2009	14.35
Sep 2009	15.02
Aug 2009	16.23
Jul 2009	21.83
Jun 2009	21.83
May 2009	10.38
Apr 2009	11.90
Mar 2009	10.31
Feb 2009	10.31
Jan 2009	14.75
Dec 2008	14.75
Nov 2008	9.76
Oct 2008	7.71
Sep 2008	9.71
Aug 2008	12.72
Jul 2008	12.43
Jun 2008	13.11
May 2008	13.11
Apr 2008	14.72
Mar 2008	10.88
Feb 2008	10.39
Jan 2008	11.58
Dec 2007	13.40
Nov 2007	15.42
Oct 2007	15.47
Sep 2007	15.72
Aug 2007	17.88
Jul 2007	18.65
Jun 2007	21.96
May 2007	21.96
Apr 2007	17.35
Mar 2007	16.15
Feb 2007	16.58
Jan 2007	17.35
Dec 2006	15.23
Nov 2006	15.23
Oct 2006	17.57
Sep 2006	16.61
Aug 2006	16.85
Jul 2006	18.06
Jun 2006	16.51
May 2006	13.02
Apr 2006	18.63
Mar 2006	24.65
Feb 2006	21.03
Jan 2006	19
Dec 2005	20.67
Nov 2005	19.65
Oct 2005	19.02
Sep 2005	17.23
Aug 2005	17.77
Jul 2005	16.44
Jun 2005	13.44
May 2005	17.55
Apr 2005	20.70
Mar 2005	16.02
Feb 2005	19.93
Jan 2005	23.41
Dec 2004	25.71
Nov 2004	26.46
Oct 2004	28.15
Sep 2004	29.41
Aug 2004	31.51
Jul 2004	31.54
Jun 2004	31.54
May 2004	34.70
Apr 2004	19.48
Mar 2004	34.70
Feb 2004	21.55
Jan 2004	20.96
Dec 2003	20.16
Nov 2003	11.73
Oct 2003	11.19
Sep 2003	10.66
Aug 2003	9.99
Jul 2003	8.58
Jun 2003	7.28
May 2003	6.80
Apr 2003	7.02
Mar 2003	6.62
Feb 2003	5.97
Jan 2003	5.53
Dec 2002	5.53
Nov 2002	5.53
Oct 2002	4.86
Sep 2002	4.86
Aug 2002	4.82
Jul 2002	4.82
Jun 2002	4.32
May 2002	2.43
Apr 2002	2.72
Mar 2002	2.72
Feb 2002	2.72
Jan 2002	3.36
Dec 2001	3.77
Nov 2001	4.32
Oct 2001	4.32
Sep 2001	5.03
Aug 2001	5.03
Jul 2001	4.87
Jun 2001	4.87
May 2001	4.10
Apr 2001	4.10
Mar 2001	4.10
Feb 2001	5.19
Jan 2001	5.02
Dec 2000	4.50
Nov 2000	6.82
Oct 2000	6.82
Sep 2000	3.72
Aug 2000	4.21
Jul 2000	4.21
Jun 2000	4.21
May 2000	4.79
Apr 2000	5.45
Mar 2000	5.45
Feb 2000	6
Jan 2000	6.21
Dec 1999	6.21
Nov 1999	5.58
Oct 1999	5.58
Sep 1999	5.67
Aug 1999	5.67
Jul 1999	6.05
Jun 1999	6.05
May 1999	7.82
Apr 1999	5.70
Mar 1999	5.42
Feb 1999	5.42
Jan 1999	6.47
Dec 1998	5.28
Nov 1998	5.28
Oct 1998	4.71
Sep 1998	4.71
Aug 1998	5.85
Jul 1998	6.49
Jun 1998	7.68
May 1998	8.24
Apr 1998	8.46
Mar 1998	8.46
Feb 1998	9.13
Jan 1998	9.76
Dec 1997	11.16
Nov 1997	13.07
Oct 1997	12.98
Sep 1997	12.18
Aug 1997	11.52
Jul 1997	11.52
Jun 1997	11.31
May 1997	11.31
Apr 1997	10.78
Mar 1997	10.15
Feb 1997	9.47
Jan 1997	7.42
Dec 1996	7.42
Nov 1996	7.70
Oct 1996	7.70
Sep 1996	7.14

Regional Peer Comparison

The table below shows a comparison of the current P/E Ratio (10.08) with regional peer markets.

Country	PE Ratio	Percentile Rank	Rating
United States	26.43	90.80	Expensive
Canada	19.39	95	Expensive
Brazil	10.37	51.70	Fair Value
Mexico	13.72	57.50	Fair Value
Argentina	12.79	73.30	Overvalued

Definition: Trailing P/E Ratio

The trailing P/E ratio for Colombia Stock Market shows how much investors are paying for one unit of the index's past earnings.
It is calculated as : P/E = Index level / Aggregated EPS
Aggregated EPS means the index's total earnings per share after weighting each stock in the index (usually by its market capitalization): Aggregated EPS = sum(weight_i * EPS_i). For trailing P/E, the EPS_i values are the actual earnings from the past 12 months.