RARE Co-Founder Nick Langley on why listed infrastructure may be uniquely suited to current market conditions.
It's not a stretch to take the view that healthy infrastructure companies will recover the multiples they had at the beginning of 2020.
The price-to-earnings (P/E) ratio, also referred to as the earnings multiple, is a stock's (or index’s) price divided by its earnings per share (or index earnings). The forward P/E ratio is a stock’s (or index’s) current price divided by its estimated earnings per share (or estimated index earnings), usually one-year ahead.
Multiple expansion refers to a rise in the markets price-to-earnings (P/E) ratio.
The Great Recession, also known as the Great Financial Crisis of 2007–08, the Great Financial Crisis (GFC), global financial crisis and the 2008 financial crisis, was a severe worldwide economic crisis considered by many economists to have been the most serious financial crisis since the Great Depression of the 1930s, to which it is often compared.