Stocks on the NYSE traditionally trade at a P/E of 20-30. Public Bank has a P/E ratio of 3.17. Top Glove has a P/E of 13 as the market leaders in a boom industry.

Do Malaysian stocks usually trade at a low P/E ratio and if so, why?

Your data needs verification.
Public Bank is not at a PE ratio of 3.17, it is currently at 16x.
The hotter Tech stocks like Inari is at 60x.
Blue chips like Nestle and QL are at 60x.

Just working off the results on Google. I guess the fact that they are wrong explains why it's so incredibly low.

This post has been edited by SgtScoop: Jan 31 2021, 02:39 PM


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My guess is Google did not update the bonus issue for Public Bank yet and the PE is still calculated against the previous share pool with a price of around RM 20.

Yeah Google is not updated, try go to KLSE and see their PE. They have adjusted based on the NOSH as of the date that they will state as well

They recently split. Google didn't update yet.

FF kept selling. Good news is that Viet, Indonesia and India just plunged, hope some FF will rotate back into malaysia

Dont you know foreigners are pulling out from here to Vietnam, Indonesia and Thailand?

Cheap doesnt mean good

Once the overall market there becomes inflated, they will have no choice but to rotate again, but maybe not so soon

This post has been edited by lamode: Feb 1 2021, 04:59 PM