World's Largest Stocks

After rising 13% overnight, PetroChina (PTR) eclipsed GE as the world's second largest company with market capitalization of $433 bln.  In addition to PTR, seven other names on the list of 25 largest companies come from China.  Besides being a Chinese company, PTR also has another factor working in its favor - it's an energy company.  Of the 25 names listed below, eight also come from the energy sector.

One popular trend heading into this Summer was that after several years of underperforming small caps, valuations in US large caps were becoming more attractive.  On a global basis, however, the valuations of large cap stocks are not as attractive.  The average P/E ratio on the 25 largest stocks in the world is 22.5 times trailing earnings.

Comments

[Cavemanus]

I performed a similar search on the Bloomberg terminal about eight or nine months ago.

At that time the top five largest stocks, in order, were:

1. ExxonMobil
2. GE
3. Microsoft
4. Citigroup
5. Gazprom

if I recall correctly.

What I find equally notable to the rise of Chinese companies is the drop of Citigroup nine places.

[mike memory]

This is a great report. Is it possible to get this same analysis as of October month end?

Regards,
Mike

[noel]

dear Sir,
No doughty this report is very good, but I red about AIG is 4 largest company in the world but you not listed it why? Please inform me about AIG where is stand?

thanks!

Noel Barkat

[Trent]

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