World Equity Index Valuations Tables
Comment of the Day

February 07 2011

Commentary by Eoin Treacy

World Equity Index Valuations Tables

Eoin Treacy's view Here is the monthly list of 99 global indices ranked in descending order by dividend yield, then in ascending order by P/E, Price / Book and Price / Cash Flow.

European indices remain well represented on the dividend yield table. By way of example, the Euro Stoxx 50 Index of blue-chips yields 3.64%. It has sustained a progression of higher major reaction lows since June and is currently retesting the upper side of the 18-month range. While somewhat overbought in the short-term, a sustained move below 2800 would be required to question medium-term upside potential.

(Please note: All data quoted above originates in Bloomberg. We realise that some of the data displayed is inaccurate for some indices, particularly where ADRs are included. However, I have endeavoured to remove those indices which were most problematic. We continue to publish these tables because the data is generally accurate and going forward we will continue to weed-out the less reliable data sets as subscribers highlight them for us. I have also deleted the FTSE AIM Index from the list because it does not seem to have very reliable figures. The P/Es quoted by Bloomberg are exclusively based on operating earnings.)

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