With 2014 now more than half over, it seems like a good time to look ahead to next year. The consensus S&P 500 earnings estimate for 2015, as computed by FactSet, is $133. That results in a forward P/E ratio of just less than 15x. Relative to the index’s long-term historical average, which is in the mid-teens, the current valuation level suggests to us neither unusual opportunity nor risk. Given that, why is there so much talk about the market being overvalued?
Monday 30 June, 2014
Monday 01 February, 2021
L’Eventail: Mercier Vanderlinden – Gestionnaire d’actifs dynamique
Saturday 21 November, 2020
Sabato : Planification patrimoniale: savoir miser sur les “quick wins”
Thursday 24 September, 2020
Planet Business : La crise sanitaire impacte peu les marchés financiers