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Greek (ASE) Market Analysis & Valuation

UpdatedJun 15, 2025
DataAggregated Company Financials
Companies136
  • 7D-0.5%
  • 3M6.5%
  • 1Y24.9%
  • YTD19.2%

Over the last 7 days, the market has remained flat, although notably the Healthcare sector declined by 3.9%. Meanwhile, the market is actually up 25% over the past year. Looking forward, earnings are forecast to grow by 13% annually.

Market Valuation and Performance

Has the Greek Market valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sun, 15 Jun 2025€99.2b€88.0b€9.0b13.8x11x1.1x
Tue, 13 May 2025€95.9b€87.7b€9.3b12.5x10.4x1.1x
Thu, 10 Apr 2025€85.7b€86.9b€9.4b11.3x9.2x1x
Sat, 08 Mar 2025€90.7b€86.6b€9.6b12.2x9.5x1x
Mon, 03 Feb 2025€88.2b€86.5b€9.6b12.2x9.2x1x
Wed, 01 Jan 2025€83.4b€86.5b€9.6b11.5x8.7x1x
Fri, 29 Nov 2024€79.5b€87.0b€9.6b11.1x8.3x0.9x
Sun, 27 Oct 2024€78.9b€86.4b€10.4b11.6x7.6x0.9x
Tue, 24 Sep 2024€81.7b€85.8b€10.3b11.6x7.9x1x
Thu, 22 Aug 2024€82.5b€84.2b€10.2b11.7x8.1x1x
Sat, 20 Jul 2024€84.5b€83.4b€10.0b11.5x8.5x1x
Mon, 17 Jun 2024€81.4b€84.3b€10.0b11.7x8.1x1x
Wed, 15 May 2024€85.0b€84.6b€9.9b12.3x8.6x1x
Fri, 12 Apr 2024€82.9b€84.4b€9.5b12x8.7x1x
Sun, 10 Mar 2024€82.9b€84.7b€9.6b12.3x8.7x1x
Tue, 06 Feb 2024€78.8b€84.8b€9.2b12x8.6x0.9x
Thu, 04 Jan 2024€74.3b€87.1b€9.2b12.2x8.1x0.9x
Sat, 02 Dec 2023€73.2b€87.1b€9.1b12.2x8x0.8x
Mon, 30 Oct 2023€67.8b€90.7b€8.2b11.8x8.3x0.7x
Wed, 27 Sep 2023€69.4b€91.2b€7.9b12.8x8.8x0.8x
Fri, 25 Aug 2023€73.3b€94.4b€8.8b13.1x8.3x0.8x
Sun, 23 Jul 2023€75.4b€94.9b€8.8b13.5x8.6x0.8x
Tue, 20 Jun 2023€71.3b€94.8b€8.8b12.9x8.1x0.8x
Thu, 18 May 2023€64.1b€92.4b€8.6b11.5x7.5x0.7x
Sat, 15 Apr 2023€63.2b€90.7b€8.8b11.8x7.2x0.7x
Mon, 13 Mar 2023€61.1b€87.6b€7.7b12.1x7.9x0.7x
Wed, 08 Feb 2023€60.6b€93.0b€10.8b11.2x5.6x0.7x
Fri, 06 Jan 2023€56.2b€90.5b€10.5b11.2x5.3x0.6x
Sun, 04 Dec 2022€53.2b€89.5b€10.5b10.3x5.1x0.6x
Tue, 01 Nov 2022€52.2b€78.5b€9.0b10.8x5.8x0.7x
Thu, 29 Sep 2022€47.6b€75.8b€9.2b10.4x5.2x0.6x
Sat, 27 Aug 2022€53.5b€71.3b€8.6b11.3x6.2x0.8x
Mon, 25 Jul 2022€48.2b€67.6b€5.4b11.3x8.9x0.7x
Wed, 22 Jun 2022€48.7b€67.7b€5.4b11.2x9x0.7x
Price to Earnings Ratio

9x


Total Market Cap: €48.7bTotal Earnings: €5.4bTotal Revenue: €67.7bTotal Market Cap vs Earnings and Revenue0%0%0%
Greek Market Price to Earnings3Y Average 7.9x202320242025
Current Market PE
  • Investors are optimistic on the Greek market, and appear confident in strong long term growth rates.
  • The market is trading at a PE ratio of 11.0x which is higher than its 3-year average PE of 7.9x.
Past Earnings Growth
  • The earnings for Greek listed companies have grown 18% per year over the last three years.
  • Revenues for these companies have grown 9.2% per year.
  • This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.

Sector Trends

Which sectors have driven the changes within the Greek Market?

GR Market-0.49%
Utilities1.32%
Energy0.70%
Materials0.65%
Real Estate0.35%
Consumer Staples0.058%
Tech-0.12%
Consumer Discretionary-0.33%
Industrials-0.38%
Financials-0.90%
Telecom-2.69%
Healthcare-3.93%
Sector PE
  • Investors favour the Energy sector the most for future growth, which is trading above its 3-year average PE ratio of 6.5x.
    • The market's confidence is likely because analysts are expecting annual earnings growth of 21.0% which is higher than its past year's earnings decline of 65.2% per year.
  • The Financials sector is the least preferred by investors for future growth. Although, investor sentiment seems to have improved given that it's trading above its 3-year average of 4.9x.
Forecasted Growth
  • Analysts are most optimistic on the Real Estate sector, expecting annual earnings growth of 48% over the next 5 years.
  • This is roughly in line with its past earnings growth rate.
  • In contrast, the Consumer Discretionary sector is expected to see its earnings grow by 4.0% per year over the next few years.

Top Stock Gainers and Losers

Which companies have driven the market over the last 7 days?

CompanyLast Price7D1YValuationSector
ETE National Bank of Greece€10.751.9%
+€182.2m
36.2%PB1.1xFinancials
PPC Public Power€13.782.5%
+€115.8m
30.0%PE32.6xUtilities
OPAP Organization of Football Prognostics€19.141.3%
+€86.1m
29.1%PE13.8xConsumer Discretionary
ELHA Elvalhalcor Hellenic Copper and Aluminium Industry€2.467.4%
+€63.8m
34.4%PE7.1xMaterials
OLTH Thessaloniki Port Authority Societe Anonyme€36.9020.6%
+€63.5m
73.2%PE13.3xIndustrials
See more
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Latest News

GEKTERNA

€19.79

Gek Terna

7D

2.1%

1Y

20.5%

OLTH

€36.90

Thessaloniki Port Authority Societe Anonyme

7D

20.6%

1Y

73.2%

BELA

€28.20

Jumbo

7D

-3.0%

1Y

10.1%

ELLAKTOR

€1.33

Ellaktor

7D

4.9%

1Y

-42.9%

AEGN

€12.40

Aegean Airlines

7D

-3.9%

1Y

9.7%

OPAP

€19.14

Organization of Football Prognostics

7D

1.3%

1Y

29.1%

TPEIR

€5.50

Piraeus Financial Holdings

7D

-2.3%

1Y

52.8%

ETE

€10.75

National Bank of Greece

7D

1.9%

1Y

36.2%

HTO

€16.92

Hellenic Telecommunications Organization

7D

-2.8%

1Y

24.9%

EUROB

€2.70

Eurobank Ergasias Services and Holdings

7D

-2.7%

1Y

31.7%