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Ftse p/e Ratio
Comments
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Thrugelmir wrote: »Maybe something to do with RBS and Lloyds having lost 40% of their market value in recent weeks.
For good reason I believe.
Some of the investors on the savings board must have taken a pasting with their punts based on the banks looking cheap a few months back!
That will have contributed but the Ftse is 40% cheaper than 12 months ago and I don't think that those two companies dropping 40% would cause that. I guess the Shell 10% fall in price would have as much effect as a 40% drop in those two financial shares.'Just think for a moment what a prospect that is. A single market without barriers visible or invisible giving you direct and unhindered access to the purchasing power of over 300 million of the worlds wealthiest and most prosperous people' Margaret Thatcher0 -
That will have contributed but the Ftse is 40% cheaper than 12 months ago and I don't think that those two companies dropping 40% would cause that. I guess the Shell 10% fall in price would have as much effect as a 40% drop in those two financial shares.
Shell is down around 24% on a year ago. Not sure where you got 10% from.
RBS down 62%
Lloyds down 70%
HSBC down 31%
FTSE has heavy weighting in miners.
Xstrata down 39%
BHP Bilton down 29%
RTZ down 28%0 -
Thrugelmir wrote: »Shell is down around 24% on a year ago. Not sure where you got 10% from.
I was basing it on the a drop in share price in the past few weeks in comparison to you mentioning Lloyds/RBS past few weeks.
Shell Share Price £23 down to £20.70 = 10%Maybe something to do with RBS and Lloyds having lost 40% of their market value in recent weeks.'Just think for a moment what a prospect that is. A single market without barriers visible or invisible giving you direct and unhindered access to the purchasing power of over 300 million of the worlds wealthiest and most prosperous people' Margaret Thatcher0 -
I presume you are talking about the FTSE100, then if so it's down less than 2% over the last year.
From 5430 to 5340
For it to be down 40% it would have to have been over 9000 a year ago.
Read my first post, it is about p/e ratio, same number but profits have obviously rocketed but not currently reflected in the index. Your 9000 is not much different from my 8600
'Just think for a moment what a prospect that is. A single market without barriers visible or invisible giving you direct and unhindered access to the purchasing power of over 300 million of the worlds wealthiest and most prosperous people' Margaret Thatcher0 -
Only of psychological interest I know but it looks like we could see the dax fall below the Footsie fairly soon - anyone with access to the charts able to post up a historical comparison of the two series?
I think it is a good indicator that even in the supposedly strongest EUR economy all is now far from rosy. The relative strength of the UK index suggests to me the markets are pricing in the fact that UK monetary authorities will endeavour to keep nominal gdp positive but the same is not certain for the EUR.I think....0 -
Thrugelmir wrote: »Shell is down around 24% on a year ago. Not sure where you got 10% from.
RBS down 62%
Lloyds down 70%
HSBC down 31%
FTSE has heavy weighting in miners.
Xstrata down 39%
BHP Bilton down 29%
RTZ down 28%
Are these figures p/e movement?'Just think for a moment what a prospect that is. A single market without barriers visible or invisible giving you direct and unhindered access to the purchasing power of over 300 million of the worlds wealthiest and most prosperous people' Margaret Thatcher0 -
Earnings can be quite volatile, which is why just relying on P/E ratios isn't a great investment strategy.Faith, hope, charity, these three; but the greatest of these is charity.0
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