Home Value Investing Where the world’s cheapest markets are [GRAPHIC]

Where the world’s cheapest markets are [GRAPHIC]

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Terrific graphic from the Telegraph showing where the world’s cheapest markets are

Via Ritholtz 

Click for  huge graphic
Source: Telegraph


The graphic here shows three valuation measures: the price-to-earnings ratio; Cape; and price-to-book ratio. Each market is compared to its own historical average, as differing market characteristics mean direct comparisons between countries can be misleading.


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