1.1 the quantile of valuation of each sector decreased slightly
As of January 21, 2022, the total A-share PE (TTM) was 19.06 times, in the quantile of 51.39% since 2009; PBLF1. 83 times, in the quantile of 36.72% since 2009.
As of January 21, 2022, the PE (TTM) of the main board / gem / sci-tech innovation board were 14.11 times, 80.63 times and 66.85 times respectively, ranking in the quantile of 38.26%, 72.12% and 24.23% since 2009; Pblf is 1.40 times, 5.42 times and 6.05 times respectively, which is in the quantile of 18.11%, 65.60% and 17.52% since 2009.
1.2 the valuation of CSI 500 is still at a relatively low level in history
As of January 21, 2022, among the major indexes, SSE 50, CSI 300, SZSE 100 and gem PE (TTM) were 11.22 times, 13.63 times, 28.67 times and 57.53 times, respectively, in the historical quantiles of 64.08%, 61.53%, 79.54% and 62.82%, and pblf was 1.43 times, 1.66 times, 4.26 times and 7.48 times, respectively, in the historical quantiles of 57.18%, 55.89%, 89.96% and 82.24%.
