Bulls Eye Bursa

KLSE Bursa Malaysia Market PE ~ part 2

BursaBullsEye
Publish date: Fri, 03 Nov 2017, 12:27 AM
BursaBullsEye
0 6
Following Message

KLSE Bursa Malaysia Market PE ~ part 2

 
In my previous post, I have come up with the market PE for Bursa. It is 20.2. 
https://bullseyebursa.blogspot.com/2017/11/2017-11-01-klse-market-pe.html

This is calculated by summing up 925 stocks' market capitalization and divide it by all the 925 stocks' annual earnings .

20.2 represents some bullish market..

How about KLCI PE..According to this review, KLCI index stocks is about 16.5
https://secure.fundsupermart.com/main/articleFiles/Sector_Reviews/SG/en/pdf_Malaysia.pdf

However, if we remove top 30 stocks by market capitalization, guess what is the PE?
26.17! That's real bullish.
 
Of course, nothing to panic about if you believe in the value of the position you have.
Price is what you pay, Value is what you get. Cheers

Reference: https://bullseyebursa.blogspot.com/2017/11/klse-bursa-malaysia-market-pe-part-2.html

 

More articles on Bulls Eye Bursa
Economy is falling. Stock market is rallying

Created by BursaBullsEye | May 14, 2020

GOCEAN (0074) Green Ocean Corp - 30 Jun 2018 Qtr Report

Created by BursaBullsEye | Aug 05, 2018

What determines the earning for PETRONM?

Created by BursaBullsEye | Nov 09, 2017

IWCITY intrinsic value

Created by BursaBullsEye | Oct 31, 2017

PETRONM: What to expect in Q4 2016

Created by BursaBullsEye | Feb 19, 2017

Discussions
Be the first to like this. Showing 1 of 1 comments

JayC

all those bullish stock are in RUBBER GLOVES and TECHNOLOGY. simple as that!!!

2017-11-03 11:05

Post a Comment