Fundamental Factor Indicators: 7/8/2024

Below is a summary of key external factors that have been known to drive stock prices on a long-term basis.

Additional Valuation Metrics:

  • GAAP P/E Ratio (Monthly Data) as of 6/30/24: 28.23
      • 25-year Average: 26.4
      • 50-year Average: 20.6
      Average from 3/31/1926: 17.7
  • NDR Valuation Model (Monthly Data) as of 6/30/24:
      • Overvalued Level (+1 standard deviation from median): 4860 (-11.0%)
      • Fair value Level (50 year median): 3675 (-32.7%)
      Undervalued Level (-1 standard deviation from median): 2485 (-54.5%)