Table ( 46 ): Comparative Performance of the Egyptian Stock Market
Market   Oct-04 Sep-04     Oct-05
  Price-Earnings ratio Dividend Yield (%) Price-Earnings ratio Dividend Yield (%) Price-Earnings ratio Dividend Yield (%) Price-Earnings ratio Dividend Yield Price-Earnings ratio Dividend Yield (%) Price-Earnings ratio Dividend Yield (%)
Mideast / Africa                        
Bahrain 22.78 2.20 28.2 1.8 26.7 1.9   24.8 2.2 31.5 1.7
Egypt 1/ 12.00 8.26 14.4 6.9 14.5 7.0   16.4 5.4 18.5 4.0
Israel 40.66 1.62 34.3 2.2 33.9 2.2   23.1 2.1 18.8 1.8
Jordan 21.60 1.70 24.7 1.5 22.3 1.7   51.0 3.7 53.8 2.7
Morocco 30.66 3.93 21.3 3.3 25.4 2.8   21.5 4.3 21.3 4.2
Nigeria 27.27 3.15 23.6 3.7 23.0 4.2   21.7 3.8 21.5 2.8
Oman 22.67 3.11 24.5 2.9 24.5 2.9   32.3 2.6 21.1 2.6
Saudi Arabia 31.47 2.96 43.1 2.5 39.8 2.7   75.7 1.6 96.8 1.5
South Africa 12.28 3.80 14.2 3.4 14.2 3.2   13.9 3.2 11.5 3.5
Zimbabwe 4.26 3.61 6.3 3.4 6.6 3.3     21.6 1.6 44.4 0.2
Latin America                
Argentina 13.19 1.73 17.2 0.7 16.5 0.9   31.5 1.6 10.9 1.2
Brazil 9.11 5.11 10.2 5.1 10.1 4.4   8.5 5.7 9.8 4.6
Chile 19.26 2.91 22.5 4.0 21.9 3.8   16.7 4.8 16.9 3.2
Colombia 13.97 4.50 15.5 3.9 14.6 4.1   21.7 4.4 22.4 2.5
Mexico 15.39 2.42 18.5 1.9 17.4 2.0   12.1 2.1 13.0 2.0
Peru  23.65 3.02 25.9 2.2 24.1 2.5   10.8 4.4 8.6 3.9
Venezuela 11.44 8.93 13.5 7.8 13.3 7.4     5.0 10.7 5.3 9.4
Asia            
China 27.54 2.53 19.1 2.1 20.2 2.1   18.9 2.6 13.5 3.0
India 15.21 2.24 15.1 2.0 15.0 2.0   18.2 1.5 16.3 1.7
Indonesia 10.09 3.34 12.1 3.6 11.3 3.9   17.4 3.0 11.4 4.0
Korea 15.68 2.21 13.6 2.8 13.7 2.8   14.6 2.7 17.4 2.0
Malaysia 19.01 3.23 20.3 3.6 20.0 3.6   16.2 4.4 15.1 4.4
Pakistan 11.26 4.80 9.2 5.5 9.3 5.7   10.1 6.7 11.5 4.4
Philippines 20.01 1.88 19.2 1.8 18.5 1.9   16.0 2.5 14.6 2.7
Sri Lanka 16.33 3.12 18.6 3.8 17.0 4.0   23.9 3.4 29.2 1.8
Taiwan 57.16 1.51 19.2 3.1 19.5 3.0   12.6 2.7 12.2 4.3
Thailand 14.18 2.45 12.2 2.9 12.5 2.8     9.5 3.6 9.0 4.2
Europe                
Czech Republic 23.25 4.40 23.9 4.7 22.2 4.8   17.0 4.3 20.6 1.5
Hungary 13.79 1.55 14.5 1.9 13.6 2.0   11.4 1.5 13.5 2.1
Poland -379.08 1.43 41.9 1.7 40.8 1.8   8.3 1.9 9.9 3.1
Russia 21.86 1.74 12.9 1.1 12.6 1.7   11.3 2.1 20.7 1.2
Turkey 8.74 1.87 10.9 2.3 10.4 2.4     11.8 4.2 12.8 2.6
Source: Cairo and Alexandria Stock Exchange Monthly Bulletin.
1/ Egypt's ratios are based on performance of the 50 most active companies.