What is the average price-earnings ratio of the US stock market? What are the shares?

Under the screening conditions based on the median price-earnings ratio, the median value of Hong Kong stocks is the least, only 5.88 times, followed by US stocks, 9.83 times, and A shares are the largest, 25.8/kloc-0 times, but A shares have fallen for many years. On the contrary, this data is quite interesting. The stock market with the lowest median price-earnings ratio is often a bear market, while the median price-earnings ratio of US stocks is less than 10 times, but it is already a record high. A-share P/E ratio is generally defined as 20 times P/E ratio, which is reasonable. As long as the overall P/E ratio of A shares is less than 20 times, it proves that it has investment value.

A shares began to adjust after the 20 15 bull market. By the end of 20 18, the P/E ratio of A shares is at least 12.80 times, which is already at the lowest standard in historical time. Then A shares rose for more than three months. As of April 2, 20 19, the P/E ratio of Shanghai Composite Index is 15.92 times, and that of Shenzhen Stock Exchange is 26.58 times, which is still at the bottom, indicating that A shares also have investment value. A high P/E ratio is likely to mean that a company's enterprise is overvalued, or investors predict that the company will achieve rapid development in the future.

This means that in the process of economic depression, people are usually more enthusiastic about stocks because of the reduced operational capacity of China's real economy. At present, China's economic development is in a period of transformation and development, and the stock market is likely to go up at this stage. We generally refer to US stocks, including Dow Jones Industrial Average, Nasdaq and S&P 500500. Dow Jones Industrial Average is an index value modeled by traditional large companies, and the total number of sample stocks is small. Nasdaq is mainly a new industry enterprise sales market represented by energy stocks.

Therefore, the valuation of companies that generally refer to the US stock index is based on the S&P 500, and the performance tracking of most equity funds in the United States is also based on the S&P 500 index. The foreign stock exchange market is the largest in the world, with more perfect rules and regulations. New york Stock Exchange, Nasdaq Stock Exchange and foreign stock exchanges are the three largest stock exchanges in the United States. The US stock index, Nasdaq index and Standard & Poor's 500 index are the most famous directional stock market indexes in the world.