Saturday, February 7, 2015
Russell 2000 Facts And Figures
A recent article about the Russell 2000
has some interesting facts and figures about the index. In case you
don't know, the Russell 3000 index consists of the largest 3,000 stocks
by market capitalization in the U.S. The Russell 2000 consists of the
smallest 2,000 stocks in the Russell 3000 index. So, the Russell 2000 is
a small cap index. The largest company in the index has a market cap of
$5 billion and the median market cap is about $528 million. What we found interesting in the article was several ratios.
For example, the current PE ratio for the Russell 2000 index is 22.7,
higher than the historical average of 16.2. And, the current price-sales
ratio is 1.6, 67 percent higher than its historical average. As for
sales, while only 64.3 percent of the sales for all S&P 500
companies comes from within the U.S., 81.3 percent of the total sales
for Russell 2000 companies come from within the U.S.