Not exact matches
«
Valuations are
at extremely
attractive levels considering bond yields and low inflation expectations.
This isn't to say that stocks can't deliver adequate returns between now and some narrow set of future dates, but to expect that stocks purchased
at these
levels will deliver
attractive long - term returns in general requires the assumption that current
valuations will remain elevated into the indefinite future.
They each lasted for more than 15 years, they each ended
at extremely
attractive levels of
valuation (generally about 7 - 9 times trailing 10 - year earnings), and, and they each endured many years of growing volatility in output and inflation, which eventually created the mindset for investors to price stocks
at attractive levels of
valuation.
By focusing on finding
attractive businesses trading
at cheap
valuation levels, the VIIR (Value Investing India Report) portfolio massively outperformed the Nifty.
On other hand,
valuation does look
attractive at today's
levels.
With charts like this, looking
at relative
valuation, you can expect some «mean reversion» over time and you have to make a judgement about what you think is an appropriate
level of premium / discount, and in turn, what you think is an
attractive level.
Given the current high
level of dispersion in profitability across companies, many high - quality companies are trading
at reasonably
attractive valuations.
I'm still well over 50 % cash
at this point and plan to continue holding more or less this
level of cash until market
valuations become more
attractive.
The comparatively small rise in European stock prices since 2009 has resulted in much more
attractive valuation levels than in the U.S., both
at the security and Index
level.
«With
valuation clustered together, we believe there are
attractive relative value opportunities where companies with different fundamentals are trading
at very similar
valuation levels.»