Valuation - S&P 500 NTM P/E
The S&P 500 equal-weight index trades at 16 times forward earnings, versus 20 times for the benchmark. It is hardly cheap, but the discount makes it look more attractive.
Image: Goldman Sachs Global Investment Research
The S&P 500 equal-weight index trades at 16 times forward earnings, versus 20 times for the benchmark. It is hardly cheap, but the discount makes it look more attractive.
Image: Goldman Sachs Global Investment Research