Valuation
  • Frontier South Asia economies offer an attractive relative valuation profile versus developed and emerging markets.
  • Competitive margins and attractive dividend yields help to offset additional risks.
Name
Current Level
P/E
P/B
ROA
ROE
Dividend Yield
S&P 500 Index 1,655.4 16.1 2.4 8.1% 25.1% 2.0%
MSCI EM Index 1,030.8 12.6 1.6 1.2% 9.7% 2.7%
MSCI FM Index 557.4 12.3 1.6 3.2% 18.3% 3.7%
VN-Index (Vietnam) 502.2 14.6 1.9 2.5% 17.4% 3.5%
Karachi 100 Index (Pakistan) 21,501.7 9.1 1.7 4.2% 24.0% 5.7%
DSE General Index (Bangladesh) 3,974.2 9.4 1.8 2.4% 19.0% 3.0%
Sri Lanka Colombo All Sh 6,434.7 12.4 1.9 12.4% 37.0% 2.5%
ECA Custom Index (GDP Weighted) 7,314.5 10.6 1.7 4.1% 21.3% 3.7%
BSE-500 Index (India) 20,062.2 17.0 2.7 11.3% 26.0% 1.5%
Shanghai Composite (China) 2,429.8 12.5 1.6 1.5% 18.2% 2.5%


As of 5/28/13 | Source: Thomson Reuters
For Composite Index: Ratio calculations are based on GDP weights of individual countries.