GRAPHIC-Asian 在庫／株s' 親族 valuations to 全世界の peers at 14-month low
Sept 9 (Reuters) - The 親族 price valuations of Asian 公正，普通株主権s compared with their 全世界の peers are at a 近づく 14-month low, data showed, after their lacklustre 業績／成果 予定 to worries over slowing growth and the spread of the Delta-variant of coronavirus this year.
によれば Refinitiv data, the MSCI Asia-太平洋の 索引's 今後 12-month P/E 割合 stood at 14.9 compared with the MSCI World's P/E 割合 of 18.46. That 近づく 20% valuation 割引 is the highest in 14-months, the data showed.
The MSCI Asia-太平洋の 索引 is up just 3.37% this year, compared with the MSCI 部隊d 明言する／公表するs' 伸び（る） of 19.7% and MSCI Europe's 12.9% this year.
The Asia-太平洋の 索引 has, however, 伸び（る）d 4.4% in the past two weeks, on rising hopes that the U.S. 連邦の Reserve is likely to 延期する the start of 次第に減少するing its 資産 購入（する）s and 持続する its expansive 通貨の 政策 for the 近づく-称する，呼ぶ／期間／用語.
"U.S. 公正，普通株主権s had an incredible run so far 主要な to almost 35% 賞与金 over Asian 公正，普通株主権s, higher than the 普通の／平均（する） 割引 over the past 20 years," said Sean Taylor, 長，指導者 投資 officer for APAC at DWS.
"We could see a 逆転する in 傾向s next year with the 残り／休憩（する） of world moving に向かって tighter 通貨の 政策 driven by strong 回復 and inflationary 圧力 while 中国 増加するs 会計の spending with more liquidity 準備／条項."
Some 分析家s said Asian 在庫／株s are attractive at these levels and could 行う／開催する／段階 a turnaround 予定 to the 最近の 選ぶ up in ワクチン接種s and a rise in 国内消費 levels in the 地域.
"Asian 公正，普通株主権s are under-owned by institutional 投資家s. Within EM, 投資家s are underweight EM Asia and overweight Latin American 公正，普通株主権s," said Manishi Raychaudhuri, Asia-太平洋の 公正，普通株主権 strategist at BNP Paribas.
"Given Asia's stronger growth 見通し, 名簿（に載せる）／表（にあげる）d presence of tech and 消費者 megatrends and lower balance sheet 危険, such a 姿勢 in favour of Latin America is surprising to us," he said."
C hina, Hong Kong and South Korea have the lowest P/E 割合s the data showed.
Sectorwise, 財政上のs and real 広い地所 are the cheapest in the 地域.
一方／合間, Asian 会社／堅いs continued to receive 収入s 昇格s in August, data showed, which 最高潮の場面d 支えるd hopes of an 収入s 回復 in the 地域.
(報告（する）／憶測ing by Gaurav Dogra and Patturaja Murugaboopathy in Bengaluru; Editing by Kim Coghill)
