Christine Poole
S&P/TSX Composite
TSX-I
COMMENT
Feb 13, 2018
The Price to Earnings multiple at this time is about 14.5x, which is in-line with its historical average. So even though the index has run up a great deal since 2009, it is not expensive compared to historical levels. It will probably lag the U.S. market, because of the instability of the energy sector.
The Price to Earnings multiple at this time is about 14.5x, which is in-line with its historical average. So even though the index has run up a great deal since 2009, it is not expensive compared to historical levels. It will probably lag the U.S. market, because of the instability of the energy sector.