Email of the day on Fundamental Valuation Tables
Comment of the Day

January 13 2016

Commentary by Eoin Treacy

Email of the day on Fundamental Valuation Tables

Happy New Year, I hope it brings you and your family health and happiness. Request: Can you please post on your site the table of global indices P/B, P/E and Dov. rankings etc? It is something I value a lot

Eoin Treacy's view

Thank you for this email which may be of interest to subscribers. I produced the fundamental valuation tables on a monthly basis for approximately 8 years but they always had to carry a number of riders at the bottom of the page highlighting caveats that needed to be taken into account before looking at the data. These included the absence of data for some indices, the distorting effect of ADRs and the fact P/E ratios are based on indicated earnings rather than any other calculation and as a result were prone to spikes. As a result I stopped producing the reports when I found a better online resource. 

Germany based Star Capital produce comprehensive valuation tables for just about every country which also include cyclically adjusted P/Es. This is all presented in an attractive graphic format. 

Shiller’s Multpl.com is an additional resource for long-term charts of P/Es for the USA as well as bond yields that may be of interest. 

 

Back to top

You need to be logged in to comment.

New members registration