Comment & Analysis
Asia is no exception – quality has its price! – Tanguy Kamp, Banque de Luxembourg
Analysts who are positive about the Asian markets tend to produce graphs showing average P/E ratios for Asia and compare them with American or European P/E ratios, subsequently concluding that Asia as a whole is undervalued. Forward P/E ratio Asia vs. US (absolute and relative) Source: GaveKal However, this conclusion…
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