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Historical P/E Ratio of TSX Composite Index

  • Last Updated:
  • Jun 27th, 2007 3:43 am
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[OP]
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Mar 9, 2007
47 posts
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Historical P/E Ratio of TSX Composite Index

Does anyone know where to find the historical P/E ratio of TSX Composite Index? Want to do some research.
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Jun 19, 2006
9349 posts
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CIBC WM claims the average forward P/E of the TSX Composite index is: 17.9 over the past 10 years.

( http://research.cibcwm.com/economic_pub ... imay07.pdf )

So current valuations look very reasonable, at roughly 17X on a trailing basis, and no major downward revisions thus far.

Theres been a lot of talk concerning interest rates in the past few days in the media, but quite frankly, rates haven't gone up much at all.
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