Thursday, September 21, 2006

The World's Ten Cheapest Emerging Stock Markets 3 comments

DanielXX's intro: This entry consists of just one picture. I hope Yaser Anwar won't mind me extracting this diagram from his blog Investment Ideas. It gives a good global perspective of the cheap markets around the world. I feel it is especially pertinent now because apparently the cheapest one according to the chart was Thailand, and the bloodless coup two days ago has just explained why it is so cheap. There are reasons for everything, and readers may also want to think about the other cheap markets and the reasons for their low valuations. It is interesting to note that quite often the reasons are political, validating my view that one has to be an all-rounder to be a "fox" in the stock market (to consider businesses from various perspectives).


The above was extracted from this excellent blog I'd just chanced upon: Investment Ideas by Yaser Anwat. It contains good writeups on investment ideas; the focus is more centered on the US market.

 

 

3 Comments:

Anonymous Incanus said...

I suppose those are trailing 4 qtr p/e ratios. By that criteria Indian mkts are now at 20.6 times, probably among the most expensive in the world. We have lots of good things going fundementally (including a strong domestic capex cycle) but that's all reflected in the valuations now. We will no doubt lead the fall whenever global mkts next take a breather...

9/21/2006 10:53 AM  
Blogger Yaser Anwar said...

Thanks for the kind words Daniel!

Much appreciated.

9/27/2006 8:00 PM  
Anonymous Penny Stock Newsletter said...

Russia appears to be a really cheap stock market.

11/24/2012 8:54 PM  

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