Global P&E Ratios and Dividend Yields

Below we highlight the estimated current year P/E ratios and dividend yields for the major equity indices of 13 countries.  As shown, Europe has the lowest estimated P/E ratios, with Italy, the UK and France all below 10.  The US ranks 3rd to last behind China and Japan.  European equity markets also offer some attractive dividend yields well above 4%.

Comments

[Thrift Maven:]

AOD with 17% interest is full of fine quality European stocks. It is a relatively new ETF and untested, but they have managed to pay excellent rates without resorting to Auction Rate Securities.

2008 Aug 20 04:18 PM

[Tom Wright:]

Aberdeen Australia fund (IAF), even with the potential of a distribution drop will still be yielding about 8-9% IMO and is an excellent vehicle for participation in Asian growth.

2008 Sep 01 11:39 AM

[zawy:]

Are the P/E's in Europe low because people think the Euro is overvalued?

2008 Sep 03 09:29 AM