By Jacob Wolinsky. Originally published at ValueWalk.
Terrific graphic from the Telegraph showing where the world’s cheapest markets are
Via Ritholtz
Click for huge graphic
Source: Telegraph
The graphic here shows three valuation measures: the price-to-earnings ratio; Cape; and price-to-book ratio. Each market is compared to its own historical average, as differing market characteristics mean direct comparisons between countries can be misleading.
The post Where the world’s cheapest markets are [GRAPHIC] appeared first on ValueWalk.
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