Forecast P/E over 13.5x, a good point?
Hello, I’m the administrator Nikkei OP Boy (Nikkei OP tips) of this blog.
Thank you very much for visiting this blog.
I would like to provide information that is helpful to everyone, so please continue to support me.
Now, the theme this time isMarket Impressions.
With the yen’s depreciation, the Nikkei Stock Average is set to approach 23,000.
On the other hand, predicted EPS has not grown that much.
As of the weekend of the 13th, it is 1691.31, so the projected P/E ratio has risen to 13.42 times.
It has continued to rise on the 18th as well, becoming even higher.
Below is the forecast EPS at multiples around 14x (green), with 12.5x (black, bottom) and 15.5x (black, top) levels shown.
As for the near-term target, personally, even if reached, it feels like 14x is the level, and 13.5x has already recovered to a fairly good point.
1691.31 × 14.0 = 23678
1691.31 × 13.5 = 22833
Is this a revival of the “Mole Whacking Strategy”?
Note) The above is my personal view, and is intended only to improve financial literacy. Therefore, it is not created for investment solicitation purposes. Also, while the blog content is based on data from reliable sources, the administrator does not guarantee its accuracy. Actual investment decisions should be made at your own risk.
＜Please click to support us. Thank you. m(_ _)m＞
