Archive for March, 2010

MSCI US vs Europe Shiller P/E ratio

Thursday, March 18th, 2010

Morgan Stanley presented an interesting perspective on US vs European Shiller P/E ratios in their February 2010 “In the Flow” report. American stocks are valued 1.2x higher than European stocks:

The same report also provides an update per (end of) February 2010 for the ShillerPE for US stocks:

Note that the value of 17.0x deviates significantly from the data from Robert Shiller, which is at a CAPE value of around 20x for Feb/Mar 2010.

MSCI Europe Shiller PE (updated weekly)

Sunday, March 14th, 2010

Key consideration for investing is value vs. price as investing is about buying cheap. The figure gives an estimate of the current inflation adjusted 10 year price/earnings ratio for the MSCI Europe index.

MSCI Europe Shiller PE

MSCI  Europe Shiller PE

Disclaimer: above figures are an approximation based on historic published values for ShillerPE values and the respective index trackers.

MSCI Europe ETFs (updated weekly)

Sunday, March 14th, 2010