NZX or NZX50 market P/E

[forest]

Hi, just looking for the history of the NZX and or NZX50 market P/E.
Cant find a source, anybody knows of one?

Cheers, Forest

[winner69]

If you go tho the ASB research part and for any report on any stock they quote an average Market PE for the last 10 years

Since 2001 the market PEs have been

15,5
15,5
14.6
16.5
15.4
15,6
18.7
12.3
11.9
13,1
13.4 Currently


Why you ask

[forest]

Thanks Winner, I realise that ASB give historic and current market P/E ratio's. But I do not think that say checking the market P/E on RYM wil give you the history of the NZX market P/E.
If as an example you check market P/E for RYM and QBE you get the same current market P/E, but one is on the NZX and the other is not so its unlikely they are both right.
I did phoned the ASB, did not get an answer out of them (yet).

Why I am asking? I think its interesting to be aware were we are, compared to the average market P/E. This helps me with deciding were to allocate funds.

[winner69]

I see what you mean .... so probably its lazy analysis by Morningstar who appear to provide the data to ASB ..... because it looks like they just apply the ASZ Market PE to the NZX

Well spotted ... just shows not to believe all you see on the web eh

[nextbigthing]

Does anyone have a good source for this yet?