Do you think all stocks are overvalued? Look further (into Russian stocks)

If you have been watching the Dow Jones setting new all time highs and believe all stocks are overvalued, then you are wrong. You might want to take a look into Russian stocks.

American and Russian stock market comparison

American stocks are indeed very expensive with a CAPE ratio (price relative to its past decade’s worth of average real earnings) of 29.  But if you look further, then you see that Russia has a CAPE ratio of 5.6 and a Price/earnings ratio of just 8. This means Russian stocks are your best buy if you just look to the financials.

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