Tuesday, June 10, 2014

Revealed: The world's cheapest stock markets

Source: Telegraph UK
Hat tip: Barry Ritholtz

Cape ratio - P/E ratio with a twist. Instead of using earnings over 12 months, this valuation measure takes the average earnings figure over the previous 10 years. In doing so the Cape ratio strips out short-term anomalies. 

Click on the chart for bigger version.

1 comment: