Asia-Pacific Stocks are Undervalued and Undrowned
#AsiaPacific #stocks #value
"The price valuations of Asia-Pacific stocks compared with their global peers are at 14-month lows after their soft performance due to concerns over slowing growth and the spread of the Delta-variant of coronavirus this yr"-- Paul Ebeling
According to Refinitiv data, the MSCI Asia-Pacific index’s forward 12-month P/E ratio stood at 14.9 compared with the MSCI World’s P/E ratio of 18.46. That near 20% valuation discount is the highest in 14-months, the data showed.
The MSCI Asia-Pacific index is up just 3.37% this yr, compared with the MSCI United States’ gain of 19.7% and MSCI Europe’s 12.9% this yr.
However, the Asia-Pacific index has gained 4.4% in the past 2 wks, on expectation that the Fed will delay the start of tapering its asset purchases and maintain its dovish monetary policy into Q-1 of Y 2023.
China, Hong Kong and SKorea have the lowest P/E ratios the data showed.
Sectorwise, financials and real estate are the cheapest in the region.
Meanwhile, Asia-Pacific firms continued to receive earnings upgrades in August, thus highlighting sustained expectations of an earnings recovery in the region.
Our work shows that Asia-Pacific stocks are attractive at these marks and will see a Key reversal on a rise in domestic consumption in the region.
Have a prosperous day, Keep the Faith!
Palantir Stock (PLTR): BUY Rating, $250 Price Target — The 40% Dislocation
Palantir is down ~40% in 2026 even as Q1 revenue grew 85% and management guided FY2026 to $7.66B. Shayne Heffernan issues a BUY on PLTR with a $250 price target — full breakdown of the business, customers, five-year revenue, every major Wall Street bank target and the corporate outlook.
Larry Fink Called It. CME Just Made It Real. The Compute Futures Market Has Arrived
The Quantum-AI Convergence Is Real. The Quantum Stocks Aren't the Trade.
China’s Economic Resilience
Every story, signed and delivered.
Subscribe to the kxco channel and get the headline, the AI-written key takeaways, and the chain-anchor link the moment we publish. Audio versions and per-ticker subscriptions arrive in the next iteration.