Interactive Investor
August etched in market valuation
Richard Beddard
Publish date: Fri, 09 Sep 2011, 12:17 PM
Do you see the drop off in the green line?
It marks the events of August, and implies, according to my admittedly rough and ready guide to the value of the UK market, shares, relative to their average earnings over the past ten years, are not very cheap and not too expensive.
For notes on the statistic, how it's calculated, and how I wish it were calculated see the State of the Market page.
Here's the spreadsheet.
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