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09-06-2013, 06:52 PM
(This post was last modified: 09-06-2013, 06:54 PM by felixleong.)
Yeah seems very confusing why all of them giving different PE
but if at the end of the day if you are putting money into purchasing an index then the PE given by the fund should be considered.
The 3 local banks make out about 30% of the index, they each trade below 13 times earnings I think.
but if at the end of the day if you are putting money into purchasing an index then the PE given by the fund should be considered.
(09-06-2013, 06:21 PM)freedom Wrote:(09-06-2013, 06:15 PM)Temperament Wrote:(09-06-2013, 06:10 PM)freedom Wrote: I wonder which stock or stocks are trading below PE of 13 within STI.
I don't remember anyone(maybe SembCorp?）. I don't count property stocks as their earnings are too erratic.
Sorry! i am speaking off-hand without backing with facts. That's why i give myself some leeway. i am saying maybe only.
nothing to be sorry of.
I was curious about the chart provided earlier. The PE of STI was around 13. I wonder which of the 30 are trading below 13 since all those yield stocks such as Singtel/Starhub/ST Engg/SIA Engg/SPH etc are traded far above PE of 13.
The 3 local banks make out about 30% of the index, they each trade below 13 times earnings I think.