China Tells

A cross section analysis of China’s stock market shows that the Financial sector now is showing the lowest PE compared to the rest. Financial sector used to fetch a PE of as high as 20X. In the latest two years, however, the price of banks has been smashed down to a PE of around 12X. On the other hand, Material and Industrial show a much higher PE relatively.

中国股市横向分析显示,银行板块的PE值在同类中属于偏低，而材料和工业类股票的PE值在同类中属于高端。经过08年的金融大洗礼，虽然中国的银行没有受到什么实质性冲击，但估值方面也受到了一定的影响。