World Equity Index Valuations Tables
Eoin Treacy's view Here is the monthly list of 99 global indices ranked in descending order by dividend yield , then in ascending order by P/E, Price / Book and Price / Cash Flow.
Norway is notable in this month's report for its yield of 4.81% and P/E of 12.4. The Index has benefitted from the rebound in oil prices over the last couple of weeks and has held the progression of higher major reaction lows since October. While a consolidation of recent powerful gains appears to be underway a sustained move below the June lows near 340 would now be required to question medium-term scope for additional upside.
(Please note: All data quoted above originates in Bloomberg. We realise that some of the data displayed is inaccurate for some indices, particularly where ADRs are included. However, I have endeavoured to remove those indices which were most problematic. We continue to publish these tables because the data is generally accurate and going forward we will continue to weed-out the less reliable data sets as subscribers highlight them for us. The P/Es quoted by Bloomberg are exclusively based on operating earnings.)