Report
Patrick Artus

Are European equities expensive or cheap?

One can look at fundamentals to answer this question: The outlook for corporate earnings; The outlook for real long-term interest rates, potential growth and risk premia, and therefore theoretical PER values; The price-to-book ratio. One can also look at the role of excess liquidity on equity valuation. The combination of these factors suggests that European equities are currently cheap.
Provider
Natixis
Natixis

Based across the world’s leading financial centers, Natixis CIB Research offers an integrated view of the markets. The team provides support to inform Natixis clients’ investment and hedging decisions across all asset classes.

 

Analysts
Patrick Artus

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