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This morning OCBC published a PE for STI of 14 compared to 16 at the STI high in early May. It mentioned that 14 is more in line with long-term average and other regional markets.
how to compute ? is it readily available ? is it useful ? is it high comapre to the rest of Asia ?
Hi, would like to ask if anyone knows what's the market PE ratio currently?
Basically the overall market PE of the STI.
Thanks