ASX posted a total return of 11.4% in 2024. The return was driven mainly by PE expansion, which accounted for 7%, EPS 0.5% & dividends 3.9%.
PE ratios are near record highs as we head into 2025, and overall EPS growth is forecast to be flat.
![](https://d2cbr21qzf932u.cloudfront.net/wp-content/uploads/2025/01/image-6-1024x423.png)
ASX posted a total return of 11.4% in 2024. The return was driven mainly by PE expansion, which accounted for 7%, EPS 0.5% & dividends 3.9%.
PE ratios are near record highs as we head into 2025, and overall EPS growth is forecast to be flat.
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