Market Review and Trends
Is The Stock Market Expensive Now?
By Turtle Investor  •  August 10, 2014

On the other hand, Price/Earnings Ratio (PE Ratio), while not perfect, at least gives a more meaningful view of the Singapore stock market.

Price/Earnings Ratio

The price-to-earnings ratio, or P/E ratio, is an equity valuation multiple. It is defined as market price per share divided by annual earnings per share. – from Wikipedia
Did you know that you can also find out the PE Ratio of the Singapore Straits Times Index? Head over to Bloomberg (register an account if you don’t have one) and add it to your watchlist. Then, from your watchlist, click on the Fundamentals tab and there it is! Both the web-version and the app-version can give you the PE Ratio. Simple eh?

Singapore Straits Times Index PE Ratio

As of right now, the PE Ratio of STI is estimated to be about 13.67 while the historical average PE Ratio is about 16 according to The Motley Fool Singapore......
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By Turtle Investor
Hello there! I am Kevin and the author behind the Turtle Investor blog. At age 37, I hit CPF Full Retirement Sum (FRS) of $176,000 on the last day of 2019, twelve years after graduating from university. I am married and owns a 4-room apartment. I continue to be gainfully employed to build up my portfolio and provide my loved ones with better lives. Leaving everything behind and transitioning to a digital nomad life in Bali remains an option but not something that I’m actively pursuing now 🙂
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