Bursa Malaysia Stock Tips with Fundamental Analysis and Value Investing Principal: KLSE Bursa Malaysia Market PE ~ part 2

Thursday, 2 November 2017

KLSE Bursa Malaysia Market PE ~ part 2

In my previous post, I have come up with the market PE for Bursa. It is 20.2.
https://bullseyebursa.blogspot.com/2017/11/2017-11-01-klse-market-pe.html

This is calculated by summing up 925 stocks' market capitalization and divide it by all the 925 stocks' annual earnings .

20.2 represents some bullish market..

How about KLCI PE..According to this review, KLCI index stocks is about 16.5
https://secure.fundsupermart.com/main/articleFiles/Sector_Reviews/SG/en/pdf_Malaysia.pdf

However, if we remove top 30 stocks by market capitalization, guess what is the PE?
26.17! That's real bullish.

Of course, nothing to panic about if you believe in the value of the position you have.

Price is what you pay, Value is what you get. Cheers

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