Hints and tips:
Related Special Reports
...Hebblethwaite said he had “reflected” before accepting a bonus of £183,000 in April 2023, on top of his £325,000 annual salary, but that “ultimately I did decide to accept it”....
...The p/e differential between the two moves around, but not all that much: Buffett does not like to think about value in terms of earnings per share, however, because gains and losses from investments and...
...About nine in 10 S&P 500 stocks were trading lower as traders assessed US inflation data that was higher than expected for March....
...In the European tech sector, you can attribute the high P/E to heavy weighting of expensive ASML and SAP, which together make up half the sub-index....
...His response: I think the financial result would be very close to the same . . . if you want to join something that may have a tiny expectation of better [performance] than the S&P, I think we may be about...
...Financial stocks, I would argue, are not properly measured with P/E ratios, and are a terrible comparison with tech stocks....
...Second, if volatility selling strategies were to blame for the low levels of the VIX index, you would expect the volatility risk premium (VRP) to shrink as the implied-realized volatility spread narrows (i.e...
...One, Apple shares have gotten more expensive, so the p/e value of the things have gone up. So he’s thinking, I bought this thing, I’ve made a load of money on it....
...I bought an S&P 500 fund a few weeks later, selling again in September for a tidy 12 per cent profit. I felt smug after share prices dropped almost a tenth over the subsequent two months....
...The S&P 489 has a weighted average P/E of 24, cheaper than the whole index, but not by much....
...S&P 500 dividend yields went as high as 9.2 per cent in the first quarter of 1938, according to S&P Dow Jones Indices. Even IPOs paid them, as I read to my surprise in Peris’s book....
...That could be what is happening in the p/e chart above. That would not necessarily signal the death of the size factor. One good read Sport gambling is proliferating in the US....
...On a forward P/E basis, the S&P 500’s 2021 (harmonic) average was 23, versus an average of 22 in the past four months and 18 in the past three decades....
...After 35 years as a listed company, Berkshire’s Oracle of Omaha made this prediction at the 1999 AGM: “I think, working with a very small sum, that there is an opportunity to earn very high returns....
...Japanese stocks traded on a P/E of 67x in 1990. The Nifty 50 traded on a P/E of 34x in 1973....
...I just don’t know when . . . We’re still seeing lots of companies that we like....
...30x P/E multiple is sustainable given rest of the index trades at 18x,” write Goldman’s David Kostin and team....
...I don’t see much of this right now. Stocks with low P/E ratios relative to their expected growth rates are rare....
...Yesterday in this space I wrote about Berkshire’s last two decades of share performance, which have mirrored the S&P 500....
...In our view, this probably explains their strong re-rating (forward P/E of 27.2x), and why they are trading at a 110% premium to the STOXX 600 (13.0x)” wrote....
...Seems to me, therefore, that unless I can beat the S&P 500 — in sterling to match my liabilities — I shouldn’t bother. The author is a former portfolio manager....
...I also understand that, in 50 years, history books will be written about current events in the Middle East and Ukraine. Few will remember that the S&P has been hitting new highs....
...That’s an uncomfortable question to ask, in a world where we regularly hear of unscrupulous employers bullying, failing to pay overtime, or throwing qualified staff overboard, as P&O Ferries did so disgracefully...
...I’m not sure....
...High multiples on which they trade have pushed the broader S&P 500 Shiller price-to-earnings ratio, aka the cyclically adjusted p/e ratio (CAPE), up from less than 30 times in late 2022 to 34 times....
International Edition