scorecardresearchValuations of Asian stocks hit lowest since March 2020

Valuations of Asian stocks hit lowest since March 2020

Updated: 07 Jul 2022, 02:54 PM IST
TL;DR.
The MSCI Asia-Pacific index's forward 12-month price-to-earnings ratio (P/E) stood at 12.1 at the end of last month, which was the region's cheapest valuation since March 2020, Refinitiv data showed.
A woman wearing a face mask walks past a bank's electronic board showing the Hong Kong share index in Hong Kong, Tuesday, June 21, 2022. Asian stocks rebounded Tuesday as Wall Street futures moved higher while U.S. markets were closed for a holiday. (AP Photo/Kin Cheung)

A woman wearing a face mask walks past a bank's electronic board showing the Hong Kong share index in Hong Kong, Tuesday, June 21, 2022. Asian stocks rebounded Tuesday as Wall Street futures moved higher while U.S. markets were closed for a holiday. (AP Photo/Kin Cheung)