<p>Michael McDonough, an economist at Bloomberg BRIEF, took a look at the price-to-earnings ratios across 40 national MCSI indexes. It turns out that Ireland, Philippines and Colombia have the most expensive <keyword id="31671" type="CITY" weightage="60" keywordseo="markets">markets</keyword> in the world, while Argentina, Egypt and Hungary have the cheapest.</p>
<p>Check out these maps that McDonough created for Bloomberg BRIEF's <em>2012 Review and 2013 Outlook Supplement.</em></p>
<p><em>NOTE: Bloomberg is offering a free 2-month subscription to its Bloomberg BRIEFs newsletters.  <a href="http://fs16.formsite.com/brief/insider/index.html">Sign up here</a>.</em><br /><table class="image-container" width="200"><tr><td><div class="image"><img src="http://static2.businessinsider.com/image/50eadaeaecad04e02b00000c-626-521/1-46.png" border="0" alt="North America" /></div><p class="source">Bloomberg</p></td></tr></table></p>
<p><table class="image-container" width="200"><tr><td><div class="image"><img src="http://static4.businessinsider.com/image/50eadb1b6bb3f76419000008-624-543/2-41.png" border="0" alt="Europe" /></div><p class="source">Bloomberg</p></td></tr></table></p>
<p><table class="image-container" width="200"><tr><td><div class="image"><img src="http://static6.businessinsider.com/image/50eadb46ecad04da2b000009-626-529/3-46.png" border="0" alt="South America" /></div><p class="source">Bloomberg</p></td></tr></table></p>
<p> <table class="image-container" width="200"><tr><td><div class="image"><img src="http://static5.businessinsider.com/image/50eadb38eab8eaa536000015-626-538/4-39.png" border="0" alt="Asia" /></div><p class="source">Bloomberg</p></td></tr></table></p>

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BusinessInsider

MAPS: Where You'll Find The Cheapest And Most Expensive Stock Markets In The World

Michael McDonough, an economist at Bloomberg BRIEF, took a look at the price-to-earnings ratios across 40 national MCSI indexes. It turns out that Ireland, Philippines and Colombia have the most expensive markets in the world, while Argentina, Egypt and Hungary have the cheapest. Check out these maps that McDonough created for Bloomberg BRIEF's 2012 Review and 2013 Outlook Supplement. NOTE: Bloomberg is offering a free 2-month subscription to its Bloomberg BRIEFs newsletters. Sign up here.Bloomberg Bloomberg Bloomberg Bloomberg

Michael McDonough, an economist at Bloomberg BRIEF, took a look at the price-to-earnings ratios across 40 national MCSI indexes. It turns out that Ireland, Philippines and Colombia have the most expensive markets in the world, while Argentina, Egypt and Hungary have the cheapest.

MAPS: Where You'll Find The Cheapest And Most Expensive Stock Markets In The World

Lisa Mahapatra

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