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EWK Forum Topics
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- Belgian Bonds and the Russian Financial Crisis of 1998 [view article]
- A 360 View of Returns (July 2008) [view article]
- 31 Country P/E and PEG Ratios [view article]
- ETF Update: Belgium, Broadband, and the Dark Knight [view article]
- Most Overbought and Oversold ETFs [view article]
- Global ETF Wrap Up [view article]
- Energy Use Per GDP Unit by Country [view article]
- Key ETFs Most Overbought and Oversold [view article]
- How Much Should We Make of the "Misery Index?" [view article]
- Calendar Year Country Fund Returns: 1997-2007+ [view article]
- Single Country Europe ETFs and Closed-End Funds [view article]
- Exchange-Traded Funds and Closed-End Funds by Asset Class, Type and Provider [view article]
loading ...Recent EWK Articles
- A 360 View of Returns (July 2008)
- This Week's Winning Country: Turkey
- ETF Update: Belgium, Broadband, and the Dark Knight
- Most Overbought and Oversold ETFs
- 31 Country P/E and PEG Ratios
- Global ETF Wrap Up
- Key ETFs Most Overbought and Oversold
- Emerging & Developed Markets Country Weights
- Energy Use Per GDP Unit by Country
- How Much Should We Make of the "Misery Index?"
- Full List of Articles »
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A 360 View of Returns (July 2008) [view article]
Finally, a universal overview that gives the reader direction for areas to research for future investment. Great job! ReplyA 360 View of Returns (July 2008) [view article]
Thank you, very helpful. Replying
A 360 View of Returns (July 2008) [view article]
very good job Richard, it gives a sectoral - global view, I learned a lot with the summary! Challenging times Reply31 Country P/E and PEG Ratios [view article]
The data here is for the country indices and not for the ETFs. The ETFs are provided as investable proxies for the countries.The data is only available by subscription to various services which are quite expensive, in the thousands. Reply
31 Country P/E and PEG Ratios [view article]
Where can I find up-to-date country P/E (ttm) data? Also, is it possible to calculate the P/E ratio for each country's index rather than using a corresponding ETF?Thanks. Reply
ETF Update: Belgium, Broadband, and the Dark Knight [view article]
I'm Flemish and we're sick to death of seeing 5% of Flemish GDP being used to prop up The People's Republic of Wallonia, which has been running a 10% deficit and has been ruled by old-school socialists for decades (not to mention many corruption scandals involving Parti Socialiste officials). It's the classic welfare problem, why reform your economy if you can get someone else to pay for the shortfall? The Flemish are also scared about seeing our competitiveness erode slowly, because we need to run higher taxes than we otherwise would to keep the national budget in balance.That said, at a PE ratio of 8 for the BEL-20, it seems cheap, and I'll put some money in when I think markets are ready to bottom. The risk that I see would not be that the country broke up (that would be positive risk beyond a transition period), but of continued gridlock at national government level. Even that is not a major concern, as most of the important powers have already been devolved to the different regions (mainly Flanders and Wallonia). No, we'll be go on like an old couple that hates each other's guts but that stays together. As the article mentions, the main stumbling block is what to do about Brussels, otherwise we'd have split already.
I've been thinking about backtesting a strategy involving country-ETFs that are at a cyclical low. Ireland, Belgium, Netherlands, Singapore, Cyprus... all have tantalizingly low average PEs at the moment, lower than my intuition tells me they should be as compared to the US (around 15). The idea is that everything returns to the mean eventually. Reply
Most Overbought and Oversold ETFs [view article]
bravo ReplyMost Overbought and Oversold ETFs [view article]
Excellent presentation. How should one take advantage of this overbought/oversold info? Kindly follow your presentation with an action plan. Reply31 Country P/E and PEG Ratios [view article]
Hopefully things will calm down in Turkey; things haven't looked good politically or socially for some time now.If you're think about taking a risk with the fund (which is performing quite well right now) here's an article that gives TUR some support-- www.greenfaucet.com/et... Reply31 Country P/E and PEG Ratios [view article]
Growth is in USD Reply31 Country P/E and PEG Ratios [view article]
Are the growth rates for PEG in USD or local currencies? Reply31 Country P/E and PEG Ratios [view article]
Are the growth rates for PEG ratio in USD or local currencies? Reply31 Country P/E and PEG Ratios [view article]
rudi,Good catch!. Sorry about that.
Germany has an estimated 2008 P/E of 10.9, not 1.9.
We have corrected the data on our site and have requested an image substitution at Seeking Alpha which will likely be done soon.
Corrected data: www.qvmgroup.com/inves...
The P/E correction dramatically changed the calculated PEG to over 20.
Germany is in an earnings growth slump in 2008 that is estimated to be only about 1/2% which with a 10+ P/E gives a PEG over 20..
We added Thailand since we were modifying the table anyway to fix the typing error you found.
Note that the PEGs in this articles are based on 2008 earnings and 2008 earnings growth. For many countries 2008 earnings and earnings growth is shaping up to be quite different than 2007 or projections for subsequent years.
The data comes from Thomson One Analytics.
Thanks again for a sharp eye.
Richard Reply
31 Country P/E and PEG Ratios [view article]
Hi Richard,thanks for the research! 1.9 for germany seems to be a typing error, it should be around 12 I guess.
Where did you get the data from?
cheers
Rudi Reply
Global ETF Wrap Up [view article]
Looks like every country is importing inflation from us. Reply