A high PB may indicate that the market has high expectations for future profit growth, but it may also suggest a risk of market bubble.
从市净率来看,标普500指数高估程度接近100年来之最!
In terms of PB, the S&P 500 Index is close to its highest level of overvaluation in nearly 100 years!
The translation is provided by third-party software.
The above content is for informational or educational purposes only and does not constitute any investment advice related to Futu. Although we strive to ensure the truthfulness, accuracy, and originality of all such content, we cannot guarantee it.