17 p/E for an emerging market with an unstable government is way way too high, it should be single figures, nobody who has any idea of investing would invest in the SET
That’s a very interesting remark indeed. I was curious, so I looked at monthly data for the SET since April 1975. The Index traded at a P/E ratio of below 10 in only 187 out of 587 months - so only about 32% of the time. For 400 months (or 68% of the time), the data shows a P/E of above 10. Overall average P/E since start of the index in 1975 was 13.7. The last time the index traded below 10 was in Feb 2009, so basically during the Financial Crisis. Neighbouring countries seem to trade at similar levels (Malaysia: 15.7, Indonesia 12.4, Vietnam 15.8). (Source: worldperatio.com) Something worth further study, I guess…
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What stocks would you personally recommend for 1 year profit
Can I foreigner spend on the stock of Thailand
Can Myanmar people also invest?
17 p/E for an emerging market with an unstable government is way way too high, it should be single figures, nobody who has any idea of investing would invest in the SET
That’s a very interesting remark indeed. I was curious, so I looked at monthly data for the SET since April 1975. The Index traded at a P/E ratio of below 10 in only 187 out of 587 months - so only about 32% of the time. For 400 months (or 68% of the time), the data shows a P/E of above 10.
Overall average P/E since start of the index in 1975 was 13.7. The last time the index traded below 10 was in Feb 2009, so basically during the Financial Crisis.
Neighbouring countries seem to trade at similar levels (Malaysia: 15.7, Indonesia 12.4, Vietnam 15.8). (Source: worldperatio.com)
Something worth further study, I guess…