Sentences with phrase «european valuation discount»

Not exact matches

European equities have done well this year, but they are still trading at a valuation discount to U.S. peers.

Finally, looking at valuation, European banks traded at a material discount to tangible book value, one standard deviation3 below their historic forward price - earnings multiple, and near a 20 - year low relative to global banking peers as the year came to a close.4 We are also finding select financial sector values in Asia, in both mature, under - earning banking markets like South Korea and Singapore, as well as underpenetrated, growth - oriented markets like China (particularly in insurance) and India (particularly in banking).

If you compare European stock valuations with other asset classes, such as bonds, or with US or Asian stock valuations, Europe is trading at a discount.

European equities have done well this year, but they are still trading at a valuation discount to U.S. peers.