Bulls Eye Bursa

KLSE Bursa Malaysia Market PE ~ part 2

BursaBullsEye
Publish date: Fri, 03 Nov 2017, 12:27 AM

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

 

Discussions
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JayC

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

2017-11-03 11:05

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