In our view, many other markets are less expensive, but more fairly
valued on a historical basis and will need to see a significant pickup in earnings growth to continue their run.
Client inquiries about the appropriate P / E multiple to assign US stocks routinely ignore that margins are extremely
high on a historical basis and have been stagnant for several years.
At 19.7, the S&P / TSX's 12 - month trailing P / E is above the 10 - year average (17.9), suggesting Canadian equities might be slightly
overvalued on a historical basis.
Subramanian notes that gold and oil are now particularly cheap against
stocks on a historical basis, and she expects that stocks will rise in - line with earnings growth.
One quarter into 2018, the US middle market continues to enjoy active interest from PE
dealmakers on a historical basis, even if the overall tallies of activity were muted relative to a torrid, record - setting 2018.
The unemployment rate is considered low, not
just on a historical basis, but also relative to its natural rate, which is an unemployment rate that neither stokes nor dampens inflation.
The Minister of Finance has for some time rejected this view without providing his own analysis, It is inconceivable that the Department has not done its own research on the structural deficit, as it does publicly provide
estimates on an historical basis.
These disciples did of course come to realize — in a process of repentance and conversion which it is no longer possible to
reconstruct on a historical basis — something about their experience of disclosure that had taken them by storm: their «recognition» and «acknowledgment» of Jesus in the totality of his life.
My point is that if you are going to
rely on a historical based fear of women and babies dieing in childbirth (which they did and still do) then it is important to look at the correlations and significant factors so you can consciously choose if you want to continue acting from that fear based model.
Stocks weren't
cheap on a historical basis in October 2002, but they were certainly better values than they were two and half years earlier.
To date, one of the biggest hurdles for the concept has been establishing credible national baselines for deforestation rates — in order to compensate countries for «avoided deforestation,» it must first be known how much forest the country had been
clearing on a historical basis.
Stock durations aren't particularly
low on a historical basis, but are out of the range that I've considered ridiculously dangerous since the late 1990's.
Although 2016 purchases fell about 35 percent compared to 2015, they still remained high
on a historical basis, thanks mostly to China and Russia.
Yes, it's true that these commodity prices are high
on a historical basis, but most of the mining companies have demonstrated an inability to take advantage of this and produce returns which beat their benchmarks.
@Jason:
On a historical basis, very few people, intelligent or not, ever considered to question religion.
Europe's price - to - earnings (P / E) levels are low
on an historical basis.3 And there are signs of recovering corporate earnings across the region.
Interest rates these days are still very low
on a historical basis.
One very important thing to remember is
that on a historical basis, apartment loan rates are still very low.
Interest rates will remain low (
on a historical basis) for the next few years.