Regent News and Events
REGENT’s view of the month - June 2010
It is rare for all of the activity and valuation data to move in the same direction in a single month. But that is what has happened in the technology sector in Europe in June. Despite substantial declines in the major stock market indices in the month, buoyant acquisition activity helped push up the rolling 3-month P/E (price to after tax earnings) ratios by 7% and the P/S (price to sales) ratios by 22%. Already, July looks busy despite the impending holiday season.
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