Posted by 7. Good news everyone!
After a big reset, the S&P 500 price to sales ratio is now only as expensive as during the peak of the dot com bubble!
(albeit, margins are also higher, rates lower, etc)
h/t @TaviCosta $SPX $SPY pic.twitter.com/jnjFQJ4HEt
— Callum Thomas (@Callum_Thomas) June 4, 2022
The trailing 12-month P/E ratio for $SPX of 19.4 is below the 5-year average (23.1) and below the 10-year average (20.2). #earnings, #earningsinsight, https://t.co/H8mSsOQAOV pic.twitter.com/0DTgQBWOsy
— FactSet (@FactSet) June 5, 2022
The S&P 500 large-cap and S&P 400 mid-cap show the most robust 200-day breadth among US indices, while the S&P 600 small-cap is the most attractive based on valuation (B/P, E/P, and Div Yield). pic.twitter.com/Mx3ZbJq2dS
— Guillaume Girard, CMT, CFA (@guigiralach20) June 3, 2022
S&P 500: Five of the nine style boxes have P/Es below their long-term averages. $SPY pic.twitter.com/dkqgvYdZZf
— Mike Zaccardi, CFA, CMT (@MikeZaccardi) June 4, 2022
Over the past 6 months, large-cap #value stocks are in positive territory…even without #dividends. #Growth? Not so much: #Dividend #valueinvesting #income $IVE $IVW #greatrotation pic.twitter.com/H5hupzeZA6
— Genia Turanova 🌻 (@GTuranova) June 3, 2022
Even with this year’s downward move in the market, the median large-cap stock isn't cheap.
Value investors seeking ponds to fish in may want to look at small-cap stocks instead.
My latest AAII Investor Update https://t.co/HRGe4hrUyP pic.twitter.com/WdsyuYYj9D
— Charles Rotblut, CFA (@CharlesRAAII) June 2, 2022
Private valuations following public multiples. (Source: BVP Cloud Index) pic.twitter.com/IQHvkx0XjM
— Prateek Sharma (@prateeks) May 30, 2022
International value up big vs $SPY YTD https://t.co/BUnuupFTg0 pic.twitter.com/QaigHYrvZ1
— Mike Zaccardi, CFA, CMT (@MikeZaccardi) June 3, 2022
The Energy sector trades at 10.8x forward earnings $XLE pic.twitter.com/H3OK6g4U9W
— Mike Zaccardi, CFA, CMT (@MikeZaccardi) June 3, 2022
Massive split in YTD performance between energy-related commodities (orange), agriculture sphere (blue), and metals cohort (white) pic.twitter.com/v0zacKZVS9
— Liz Ann Sonders (@LizAnnSonders) June 2, 2022
Energy sector relative performance: historical context pic.twitter.com/vzjb3fqakv
— Callum Thomas (@Callum_Thomas) May 31, 2022