We do not see equity
valuation metrics falling back to historical means in an environment where earnings are staging a sustained recovery and long - term rates are low.
As a result, we do not see equity
valuation metrics falling back to historical averages.
Not exact matches
The quality focus also seeks to avoid «value traps» — companies with favourable
valuation metrics as they approach bankruptcy, that a pure value exposure would likely
fall into.
These stocks are often characterized by recently
falling stock prices, low
valuation metrics and large cash holdings.