Changes in Global Equity Indices & P/E Ratios
Below we revisit an old favorite. The chart highlights changes in international equity indices since the start of the bull market in the MSCI World index (3/12/03). Brazil has performed the best, China has the highest P/E ratio, India has seen the largest increase in its P/E, and Spain has seen the largest decrease in its P/E.






Hi, I always enjoy looking at this graphic when you post it. Would it be possible to add Germany? Thanks
Posted by: Bryan | September 25, 2007 at 02:34 PM
Bryan:
thanks for the suggestions and the interest. We can always add more!
Posted by: Cleve | September 25, 2007 at 04:06 PM
I was wondering how you construct the country returns. Specifically does it reflect currency changes or not. Thanks.
Posted by: James Juliano | October 03, 2007 at 02:38 PM
James,
Very good point. Changes are not "returns" persay, they are shown as the percent change in the underlying index and do not account for changes in currency.
Posted by: Cleve | October 03, 2007 at 04:21 PM