Market Insights

Valuations

Valuations

Equities

Price/Earnings ratio

Chart showing the market price index over the past 5 years alongside  its Price/Earnings ratio compared with the average Price/Earning ratio and average upper and lower bounds. This shows the price expressed as a multiple of earnings.

Price/Book ratio

Chart showing the market price index over the past 5 years alongside  its Price/Book ratio compared with the average Price/Book  ratio and average upper and lower bounds. This shows the price expressed as a multiple of book value.

Price/Sales ratio

Chart showing the market price index over the past 5 years alongside  its Price/Sales ratio compared with the average Price/Sales  ratio and average upper and lower bounds. This shows the price expressed as a multiple of sales.

Price/Cash Flow ratio

Chart showing the market price index over the past 5 years alongside  its Price/Cash Flow  ratio compared with the average Price/Cash Flow  ratio and average upper and lower bounds. This shows the price expressed as a multiple of  cash flow.

Dividend Yield

Chart showing the market price index over the past 5 years alongside  its Dividend Yield compared with the average Dividend Yield and average upper and lower bounds.  This shows the dividend expressed as a percentage of the price.

Earnings Yield/Bond Yield ratio

Chart showing the market price index over the past 5 years alongside  its Earnings Yield/Bond Yield  ratio compared with the average Earnings Yield/Bond Yield  ratio  and average upper and lower bounds. This shows the earnings, expressed as a percentage of the price,  divided by the bond yield.

Earnings Yield-Bond Yield spread

Chart showing the market price index over the past 5 years alongside  its Earnings Yield-Bond Yield  spread compared with the average Earnings Yield-Bond Yield  spread  and average upper and lower bounds.  This shows the earnings, expressed as a percentage of the price,  minus the bond yield.

Dividend Yield/Bond Yield ratio

Chart showing the market price index over the past 5 years alongside  its Dividend Yield/Bond Yield  ratio compared with the average Dividend Yield/Bond Yield ratio  and average upper and lower bounds. This shows the dividends, expressed as a percentage of the price,  divided by the bond yield.

Dividend Yield-Bond Yield spread

Chart showing the market price index over the past 5 years alongside  its Dividend Yield-Bond Yield  spread compared with the average Dividend Yield-Bond Yield  spread  and average upper and lower bounds.  This shows the dividends, expressed as a percentage of the price,  minus the bond yield.