Market Valuation Overview: More Expensive Than Last Month
From dshort.com - Advisor Perspectives January 3, 2013 - 7:25am
Jan 03, 2013 Doug Short Here is a summary of the four market valuation indicators I updated at the beginning of the month. The Crestmont Research P/E Ratio The cyclical P/E ratio using the trailing 10-year earnings as the divisor The Q Ratio, which is the total price of the market divided by its replacement cost The relationship of the S&P Composite price to a regression trendline
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