S&P/ASX All Ordinaries Index P/E (PER) 1974-2011


The All Ordinaries long-term P/E chart closed 2011 at 12.21.

Here are the last three years.

What do you think? Could the Australian market experience an unprecedented third down year?

Anything is possible, but the odds are certainly more in investor’s favour today than they were in 2011, and 2010 for that matter.

If you are looking for investing ideas for 2012, request our free reportThe Motley Fool’s Top Stock For 2012Click here, whilst it’s still free and available.

More Reading
Rediscover that winning sharemarket feeling

Data via Colin Nicholson

Hot off the presses! This sexy tech stock is our #1 pick for 2015…

Every year, The Motley Fool’s top analysts hand-pick one company as their ‘best bet’ for big returns in 2015 and beyond… And you can be among the first to discover their brand-new 2015 pick!

Discover this sexy yet well-run ASX tech company, including the name and code, for FREE right now. Click here for your copy of "The Motley Fool’s Top Stock for 2015".