Sentences with phrase «average pe»

So the fact that one particular molecule of N2 might happen to have an above average PE does not affect its chances of being above or below average in KE (ie in temperature), just like a high speed in the x direction has no bearing on its chance of being above or below average in the y speed.

We did an eight - year average PE test in the book, and it did seem that there was a small advantage over the single - year metric.

For example - if the average PE of an industry is 18x and a stock is trading at 5x, then considering the PE valuation, it might look like a value stock.

Here's a few of them: If you look at the data going back, we now after the 1880s, the historical average PE ratio measured by what's called the Shiller CAPE 10.

As we saw above, the long - term average PE for the S&P 500 index is 15.86.

Over that period, domestic stocks have consistently traded at a premium to exporters (in other words, they have been more expensively valued), with an average PE valuation premium of 15.1 %.

For ex: Nifty PE ratio measures the average PE ratio of the Nifty 50 companies covered by the Nifty Index.

Based on the curve before the «distortion» of the last 15 yrs, average PE was 14x.

based on that whole curve, including the roaring 90s and noughties, average PE was 16x.

Those who think the market is overvalued tend to point out that the current PE of 21 times is more than 30 % higher than the average PE of 16 to 17 times that has been observed for the past 60 years.

While we don't make investment decisions based on how the market as a whole is trading or even the underlying sectors, we do think it is notable that today approximately 80 % of the fund holdings are members of the Technology, Industrials, and Consumer Discretionary sectors and that each of these sectors are currently trading below their average PE ratios over the past 30 years.

The cheapest quintile had an average PE of 7.7 with an average ten - year forward real return of 11.4 % per annum, whereas the most expensive quintile had an average PE of 23.4 with an average ten - year forward real return of only 3.8 % per annum.

Our 2013 year - end target of 1600 implies a 10 % price return, where most of the appreciation can be attributed to earnings growth of 7 % next year, along with modest multiple expansion from 14.2 x to 14.7 x on trailing earnings, still below an average PE of 16x.

Non-elite schools that adopted the Swensen approach had to shoulder an added burden: the average school, by definition, will merely own the average hedge fund, the average PE firm, etc..

Not exact matches

And that, importantly, would make it a worse investment on average than the stock market because PE is illiquid.

We'll predict that in 10 years, FAANG Inc will sell at a PE of 25, down from 30 but still substantial, and still forecasting well above average profit performance.

There's no question that it today's valuation — if you look at the S&P overall, forward PE's are about 18.5, the long - term average is more like 15.5 — you could say that it looks a little bit rich.

«Nowadays,» say the two experts, «valuations are much more sober: the average NASDAQ - listed company today trades at around 21x PE, and even high - flying companies such as Apple, the most valuable company ever, trades at only 15x PE.»

Qualcomm's forward PE of 15.4 is well below its 25.9 average.

6 years The average holding period of PE - backed companies in 2014 increased from 5.5 years in 2011, according to data company Preqin.

One popular rule of thumb is that when the forward PE is above average, the market is expensive and future returns will be low.

Trotsky said the pension has about 10 percent of its money in PE — around the national average for large public retirement funds — and has no plans to change that.

«Despite entering the latter years of a typical expansion and high margins vs. history, we now think the trailing S&P PE should average 17 vs. 16 until elevated recession risk returns.»

The results below are specific to methods we actually use, but I expect that they could be broadly replicated using any basic combination of valuations (say, Shiller PEs), and market action (say, moving averages or breadth measures).

With a PE of 12, several points below the historic average, you can get away with being right about either future earnings or future PE.

This analysis strongly confirms the downward trend of the average ten - year forward real returns from the cheapest grouping (PEs of less than six) to the most expensive grouping (PEs of more than 21).

At my time of purchase the Price / Earnings (PE) ratio was 16.75, below the 5 year average of 18.18.

In essence, PEs based on rolling average ten - year earnings were calculated and used together with ten - year forward real returns.

As a result, Income Value portfolios typically exhibit above average current income and low PE ratios.

Is the PE ratio less than the market average, and / or less than the Gas Utilities industry average (and greater than 0)?

Still, CAT is a dividend machine that is currently yielding a high 5.04 % and a current PE of 12.7 which is well below its five year average.

When you compare the manufacturing processes of hot beverage cups, a comparable - weight polyethylene (PE) plastic - coated paperboard cup with a corrugated sleeve requires more than twice the energy to produce as an average - weight polystyrene foam cup.

Also, on average, an hour per day was spent on either PE or art or music.

The Society of Health and Physical Educators, among other groups, recommends at least 150 minutes of PE a week for elementary schoolers — that means an average of 30 minutes a day.

On average pupils moving from Key Stage 3 to Key Stage 4 experience a 21 % drop in the amount of curriculum PE they receive a week.

The 2013/14 survey found that on average pupils across all Key Stages were offered less than two hours of PE per week.

On average pupils moving from Key Stage 3 to Key Stage 4 experience a 21 per cent drop in the amount of curriculum PE they receive a week.

Whilst the survey can not be directly compared against the last PE and School Sport Survey (2009/10), due to the use of different research approaches, the data does suggest that there may be levels of decline in certain areas including the average minutes of PE offered to pupils per week and the average number of club links.

The strategy acknowledges many schools already offer an average of two hours of PE per week, but adds: «We need to do more to encourage children to be active every day.»

These are good companies, to be sure, but consider that the average S&P 500 stock has historically traded at a PE of 15.

They also point to the fact that the Shiller PE has indicated the market has been consistently overvalued since the 1990s, only briefly touching the long - run average in the depths of 2009.

It's interesting that historically, a Shiller PE above 24 (where it is presently) is also associated with average subsequent 10 - year total returns of 3.5 % for the S&P 500 (see Anatomy of a Bubble).

We prefer to use the PE 10 instead, which is calculated by dividing a company's stock price by its average earnings over the past 10 years.

(v) an average market PE which still has not reached bargain basement value?

These companies have increased their dividend for at least 15 years and have a lower than average price to earnings (PE) ratio, a higher operating margin, a low price to book, a reasonable dividend yield and payout ratio.

Furthermore, I personally prefer Shiller's 10 year smooth average of PE.

Over the interest rate range of 0 % to 30 %, the average absolute deviations from pe...

This above - average forecast growth rate can be purchased at an approximately average market multiple PE of 15.8.

We know from history (see Shiller PE 10) that when valuations are high the expected rate of return is lower than average.

Recognizing that dividends are a poor measure of a company's cash flows, Shiller and Campbell used a ratio of real (net of inflation) market price relative to 10 - year average of real earnings — which they called the cyclically adjusted PE, or CAPE, ratio — to reach the same conclusion.