Valuation Indicators

Source: Deutsche Bundesbank, Frankfurt

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Expected price-to-earnings ratio DAX price index (FSR 2014) M
Expected price-to-earnings ratio Euro Stoxx 50 (FSR 2014) M
Expected price-to-earnings ratio S&P 500 (FSR 2014) M
Price-to-book value ratio DAX price index (FSR 2014) M
Price-to-book value ratio Euro Stoxx 50 (FSR 2014) M
Price-to-book value ratio S&P 500 (FSR 2014) M