n Personal Finance Newsletter - Small caps are growing earnings faster vs large caps : markets
|Article Title||Small caps are growing earnings faster vs large caps : markets|
|© Publisher:||Moneyweb (Pty) Ltd|
|Journal||Personal Finance Newsletter|
|Publication Date||Jan 2016|
|Pages||10 - 12|
It is widely accepted that the JSE is looking expensive. With the All Share Index (ALSI) at a price-to-earnings (PE) multiple of around 18 times when its long-term average is under 15, this appears self-evident.
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