Despite this fall, the index is currently valued at 30 times price-to-earnings, down from the peak of 38 times, but still above the two-decade average of 25 times, according to Bloomberg data.
Despite this fall, the index is currently valued at 30 times price-to-earnings, down from the peak of 38 times, but still above the two-decade average of 25 times, according to Bloomberg data.