Market Indices PE Ratio for Major Stock Exchange globally.
June 2013 Month Global PE Ratio.
- US: Dow Jones Industrial, S&P500, NASDAQ, Russel 2000
- Europe: FTSE100, CAC40, DAX
- Asia: KLCI, STI, HangSeng, ASX200, CSI 300, JCI, SET, KOPSI, NIKKEI 225, SENSEX
Added Taiwan TWSE.
How should we interpret these data ?
Hi! Regarding the indices, the STI and HSI look like they have broken out of the downtrend channel. Is it time to test water and long some stocks?
moomoo, I don’t think so for STI because there is 200D SMA resistance there. HSI also facing 20D SMA resistance. There are always opportunities to long the stocks but it very much depends on your time frame.
@Snoopy:
PE ratio is quick valuation to assess whether the stock market is over value or undervalue. This is a valuation market pulse. It can help us as traders to plan our trade (whether to go long or go short, or hedge our position).
Hi, thanks for these PE summaries. These are very useful. Do you know how much the results differ if you use different method for calculating P/E, like shiller P/E or P/E TTM. I find it a bit confusing that every method gives very different results.
There number should be not much different for Indices. If you use one method, stick to that method because it is the relative performance over time is more important.
However, do take note that the PE and PE TTM can be very different for individual stocks because PE refers to the last Financial Year but PE TTM refers to the most recent 4 quarters if there is huge swing of the company financial year over year.
Hi Marubozu,
Could you tell me where I can find these information from Bloomberg web site? Do I need to subscribe to it in order to see?
Thanks!
You need to create an account with Bloomberg. Then create an Index watchlist before you can see the PE ratio.