27-03-2014, 09:43 AM
IMO, the article is more on US market. Asian markets are generally undervalued, or fair valued at worse.
Base on the long term average PE of 15, SGX is fair valued with its current historical PE of slightly above 15.
Base on the long term average PE of 15, SGX is fair valued with its current historical PE of slightly above 15.
“夏则资皮,冬则资纱,旱则资船,水则资车” - 范蠡