The trailing-twelve-months (TTM) PEBV ratio for the S&P 500 rose from 1.7 as of 3/31/23 to 1.8 as of 5/15/23.
This report is an, abridged version of S&P 500 & Sectors: Price-to-Economic Book Value Ratio Rises Again in 1Q23, one of my quarterly series on fundamental market and sector trends.
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