Russia rated top best-value market by Cape ratio; Singapore is 11th
London
THE sharp sell-off last week followed by a tepid recovery has once again raised the stress levels of global investors. The Cape (cyclically adjusted price-to-earnings) valuation method may well be a useful palliative to soothe these nerves.
The Cape ratio helps overcome the difficulties in valuing shares and indices during the current Covid-19 pandemic and global recession.
In g…
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