ASX200 valuations remain stretched at 20x earnings. The All Industrials Ex-Financials is now trading 30x. Meanwhile, earnings still lack growth.
EPS growth for FY20 is negative 20% and FY21 EPS growth is likely to be flat.
![](https://d2cbr21qzf932u.cloudfront.net/wp-content/uploads/2020/08/XJO-1024x490.png)
ASX200 valuations remain stretched at 20x earnings. The All Industrials Ex-Financials is now trading 30x. Meanwhile, earnings still lack growth.
EPS growth for FY20 is negative 20% and FY21 EPS growth is likely to be flat.
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