1.1 the quantile of valuation of each sector decreased slightly
Since November, 2009, the number of PE shares has been 17.52 times, which is 17.69 times of TTA shares; PBLF1. 71 times, in the quantile of 28.20% since 2009.
As of March 11, 2022, the PE (TTM) of the main board / gem / sci-tech innovation board were 13.23 times, 70.94 times and 58.76 times respectively, ranking in the quantile of 28.42%, 58.82% and 9.37% since 2009; Pblf is 1.32 times, 4.94 times and 5.55 times respectively, which is in the quantile of 7.77%, 56.13% and 9.05% since 2009.
1.2 the valuation of CSI 500 is still at a relatively low level in history
As of March 11, 2022, among the major indexes, SSE 50, CSI 300, CSI 500 and gem PE (TTM) were 10.28 times, 12.44 times, 17.92 times and 51.81 times, respectively, in the historical quantiles of 47.45%, 44.08%, 1.75% and 45.53%, and pblf was 1.32 times, 1.51 times, 1.75 times and 6.45 times, respectively, in the historical quantiles of 44.45%, 36.90%, 3.75% and 72.96%.
1.3 gem index / CSI 300 decreased relative to PE
As of March 11, 2022, compared with the CSI 300 index, the gem index is 4.17 times relative to PE (TTM), which is in the historical 49.41% quantile, and 4.27 times relative to pblf, which is in the historical 64.89% quantile.
