does anyone know what the p/e ratio is for this ETF ?I have not bought an ETF before. I checked VAN ECK'S website and they show a p/e of 10 but a p/book of 20? Can that be right ?Thanks to all longs.
Do you really think that these fund managers care about the p/e, they just had to bring a new ETF to the market, so they can collect their fees. Gotta pay those bills in the fancy restaurants.Anyhow, the P/E will have to be very high in the small cap sector in emerging markets, and also volatile.
Trades at around a 9 pe