02. MACROECONOMICS & STRATEGY
The Unites States market valuation is demanding
PER¹ compared (EPS 12-month projection)
Risk premium
Prime de risque
PER 2022
14%
22,9
12%
20,1
10%
8%
13,6
13,3
6%
4%
2%
0%
-2%
2007 2008 2010 2012 2014 2016 2018 2020 2022 2024
Zone euro États-Unis
Europe
États-Unis
Chine
MSCI World
Public 1 – PER : The Price Earning Ratio is the multiplication coefficient applied to a company's net profit to obtain its value. When a company is quoted on the stock exchange, the P/E is the result of dividing the ‘share price’ by the ‘net earnings per share’. Sources : Bloomberg, Rothschild & Co Asset Management – 10/2024 These forecasts are provided for illustrative purposes only. They are assumptions based on data made public by official providers of economic and market statistics. Rothschild & Co Asset Management accepts no responsibility for any decision taken on the basis of this document. This presentation contains historical market data. Historical market trends are not a reliable indicator of future market behaviour. These data are provided for illustrative purposes only. Depending on the date of publication, the information presented may differ from the updated data.
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