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Greek (ASE) Market Analysis & Valuation

UpdatedJan 14, 2026
DataAggregated Company Financials
Companies136
  • 7D1.9%
  • 3M7.9%
  • 1Y44.9%
  • YTD2.1%

The market has climbed 1.9% in the last 7 days, lead by the Financials sector with a gain of 6.2%. The market is up 45% over the last 12 months. As for the next few years, earnings are expected to grow by 10% per annum.

Market Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Thu, 15 Jan 2026€121.1b€88.6b€9.8b14.4x12.4x1.4x
Sat, 13 Dec 2025€115.9b€88.5b€9.8b14.2x11.9x1.3x
Mon, 10 Nov 2025€108.8b€88.4b€8.6b14.5x12.6x1.2x
Wed, 08 Oct 2025€112.1b€88.4b€8.7b14.4x12.9x1.3x
Fri, 05 Sep 2025€109.7b€86.5b€8.7b15.5x12.6x1.3x
Sun, 03 Aug 2025€98.8b€82.4b€8.4b14.5x11.8x1.2x
Tue, 01 Jul 2025€101.1b€88.1b€8.9b13.5x11.4x1.1x
Thu, 29 May 2025€101.6b€87.9b€9.1b13.1x11.2x1.2x
Sat, 26 Apr 2025€92.1b€86.8b€9.3b11.9x9.9x1.1x
Mon, 24 Mar 2025€94.5b€86.8b€9.5b12.3x9.9x1.1x
Wed, 19 Feb 2025€91.0b€86.5b€9.6b12.5x9.5x1.1x
Fri, 17 Jan 2025€85.7b€86.5b€9.6b12.3x8.9x1x
Sun, 15 Dec 2024€83.4b€87.0b€9.6b11.4x8.7x1x
Tue, 12 Nov 2024€80.6b€87.1b€10.6b11.4x7.6x0.9x
Thu, 10 Oct 2024€80.6b€86.4b€10.4b11.5x7.8x0.9x
Sat, 07 Sep 2024€82.2b€85.5b€10.3b11.4x8x1x
Mon, 05 Aug 2024€82.0b€83.6b€10.2b11.5x8.1x1x
Wed, 03 Jul 2024€81.9b€83.3b€10.0b11.4x8.2x1x
Fri, 31 May 2024€83.1b€84.8b€10.0b12.3x8.3x1x
Sun, 28 Apr 2024€84.8b€84.3b€9.6b12.3x8.8x1x
Tue, 26 Mar 2024€83.1b€85.5b€9.3b12.7x9x1x
Thu, 22 Feb 2024€82.4b€85.4b€9.4b12.4x8.7x1x
Sat, 20 Jan 2024€76.2b€87.1b€9.2b12.2x8.3x0.9x
Mon, 18 Dec 2023€73.5b€87.1b€9.2b12.3x8x0.8x
Wed, 15 Nov 2023€70.9b€88.6b€9.1b11.5x7.8x0.8x
Fri, 13 Oct 2023€67.8b€90.7b€8.2b11.7x8.3x0.7x
Sun, 10 Sep 2023€71.4b€91.6b€7.9b13x9x0.8x
Tue, 08 Aug 2023€74.8b€94.3b€8.8b13.1x8.5x0.8x
Thu, 06 Jul 2023€72.8b€94.7b€8.8b12.9x8.3x0.8x
Sat, 03 Jun 2023€68.6b€95.0b€8.8b12.4x7.8x0.7x
Mon, 01 May 2023€61.8b€92.4b€8.6b12x7.2x0.7x
Wed, 29 Mar 2023€59.3b€90.2b€8.7b11.4x6.8x0.7x
Fri, 24 Feb 2023€64.8b€93.0b€10.8b12.2x6x0.7x
Sun, 22 Jan 2023€57.5b€90.5b€10.5b11.6x5.5x0.6x
Price to Earnings Ratio

5.5x


Total Market Cap: €57.5bTotal Earnings: €10.5bTotal Revenue: €90.5bTotal Market Cap vs Earnings and Revenue0%0%0%
Greek Market Price to Earnings3Y Average 9.1x202420252026
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 12.4x which is higher than its 3-year average PE of 9.1x.
Past Earnings Growth
  • The earnings for Greek listed companies have declined 2.5% per year over the last three years.
  • Meanwhile revenues have been flat.
  • This means that either the cost of doing business or the level of investment back into businesses is increasing since sales have remained steady while profits have fallen.

Sector Trends

Which sectors have driven the changes within the Greek Market?

GR Market1.92%
Financials6.19%
Materials1.67%
Consumer Staples0.79%
Telecom0.57%
Healthcare-0.087%
Tech-0.97%
Consumer Discretionary-1.18%
Utilities-1.27%
Industrials-1.57%
Real Estate-2.29%
Energy-3.50%
Sector PE
  • Investors favour the Tech sector the most for future growth even though it's trading below its 3-year average PE ratio of 42.8x.
    • The market's confidence is likely because analysts are expecting annual earnings growth of 34.7%, which is higher than its past year's earnings growth of 19.3% per year.
Forecasted Growth
  • Analysts are most optimistic on the Tech sector, expecting annual earnings growth of 35% over the next 5 years.
  • This is better than its past earnings growth rate of 19% per year.
  • In contrast, the Energy sector is expected to see its earnings decline by 3.1% 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
TPEIR Piraeus Financial Holdings€7.8910.8%
+€951.7m
87.9%PB1.1xFinancials
EUROB Eurobank€3.805.6%
+€725.6m
62.4%PB1.4xFinancials
ETE National Bank of Greece€14.645.7%
+€713.8m
80.1%PB1.5xFinancials
ALPHA Alpha Bank€3.913.1%
+€269.3m
125.9%PB1xFinancials
GEKTERNA Gek Terna€27.547.4%
+€190.0m
50.0%PE78xIndustrials
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