Valuation of the S&P 500’s Five Biggest Stocks
Valuation of the S&P 500’s Five Biggest Stocks This chart compares the valuation of the S&P 500’s five biggest stocks between now and March 2000. Image: The Wall Street Journal
Valuation of the S&P 500’s Five Biggest Stocks This chart compares the valuation of the S&P 500’s five biggest stocks between now and March 2000. Image: The Wall Street Journal
Valuation – S&P 500 Forward P/E Ratio Chart showing that the forward P/E ratio of the S&P 500 remains at high level, above its historical range. Image: Fidelity Investments
Valuation Expansion: Year-Over-Year Change in S&P 500 Forward P/E This chart suggests that investors shouldn’t expect valuation expansion this year. Image: BofA US Equity & Quant Strategy
Valuation – S&P 500 vs. 10-Year Treasury Bond This chart suggests that there is a 2 in 3 chance of a trend reversal, as the S&P 500 looks overbought vs. the 10-year Treasury bond. Image: BCA Research
Valuation – S&P 500 EV/EBITDA The EV/EBITDA of the S&P 500 suggests that stocks are as expensive as they were during the Internet bubble. Image: Tomasz Hońdo
Valuation – Largest Company in Terms of Market Value in the S&P 500 At current level, Apple is the largest publicly traded U.S. company. Image: Financial Times
Valuation – S&P 500 Forward PE Ratio The forward P/E ratio of the S&P 500 is 19.77 and remains at high level. The historical range is about 15.5 to 17. Image: Bianco Research
Valuation – The Largest Stock in the S&P 500 At current level, Apple is the largest publicly traded U.S. stock. Image: Bianco Research
Valuation – Distribution of S&P 500 P/E since 1935 On a P/E basis, the S&P 500 is not cheap. The S&P 500 P/E has been higher only about 10% of the time since 1935. Image: Deutsche Bank Asset Allocation
Valuation – Apple Market Capitalization and S&P 500 Energy Apple is now worth more than the U.S. energy sector. Image: Financial Times