click for ginormous version
Source: The Telegraph
Nice graphic from The Telegraph, showing relative valuations around the world, using P/E ratios, CAPE, and Price to Book.
To be named “cheap”, markets had to be trading below their own historic valuation across all three measures. As the map to the left shows, only a handful of stock markets managed to achieve this feat – Greece, China, Hong Kong, India, Japan, Russia and Turkey.
Some stock markets will be cheap because the countries are in the midst of economic turmoil – this certainly rings true for Greece and Turkey, which both have fragile economies. Highly indebted Greece, in particular, has been trying to get its house in order.”
Very nicely done.
Revealed: The world’s cheapest stock markets
The Telegraph, 07 Jun 2014
Please use the comments to demonstrate your own ignorance, unfamiliarity with empirical data and lack of respect for scientific knowledge. Be sure to create straw men and argue against things I have neither said nor implied. If you could repeat previously discredited memes or steer the conversation into irrelevant, off topic discussions, it would be appreciated. Lastly, kindly forgo all civility in your discourse . . . you are, after all, anonymous.
3 Responses to “World’s Cheapest Stock Markets”
Leave a Reply
You must be logged in to post a comment.