The valuation quantile of each sector continued to decline
As of April 22, 2022, all A-share PE (TTM) is 16.27 times, which is in the quantile of 31.27% since 2009; PBLF1. 53 times, in the quantile of 7.98% since 2009.
As of April 22, 2022, the PE (TTM) of the main board / gem / Sci-tech Innovation Board was 12.67 times, 53.85 times and 47.09 times respectively, which was in the quantile of 22.24%, 30.99% and 0.15% since 2009; Pblf is 1.23 times, 3.94 times and 4.30 times respectively, which is in the quantile of 0.62%, 32.44% and 0.15% since 2009.
The valuation of CSI 500 is still at a historically low level
As of April 22, 2022, among the major indexes, SSE 50, CSI 300, CSI 500 and gem PE (TTM) were 9.95 times, 11.85 times, 16.63 times and 42.93 times respectively, which were in the historical quantile of 38.94%, 34.54%, 0.53% and 27.93% respectively; Pblf was 1.26 times, 1.41 times, 1.58 times and 5.49 times respectively, which was located in the historical quantile of 36.74%, 18.62%, 0.78% and 54.92%.