Another big plus: Stocks are dirt-cheap, whether you consider price-to-cash flow, price-to-book value, price-to-sales ratio or dividend yield.
另外,无论是从现金流价格、账面价格、销售价格比率还是红利角度考量,股价已经非常便宜。
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The other (which was also an important point in Mr Shiller's book) is the cyclically adjusted price-earnings ratio, which compares shares with the profits earned over the previous ten years.