Mercados baratos o caros según su PER

Visto en: Niels C. Jensen 4 October 2012
"Not surprisingly, the markets everyone loves to hate are the cheapest relative to their historical P/E range (Greece, Italy, Austria, Japan and Portugal in that order), whereas the ones everyone has fallen in love with are the most expensive (Thailand, Malaysia, Indonesia, Chile and South Africa in that order)"
Decomposition of Real Equity Returns since 1970:
10-Year Real Returns (CAGR), U.S. Stocks, 1881-2011: