Thread: Mid cap value?

Mel? Mel?

geez it's the weekend, let Mel "mid-caps" Lindauer have a couple of days off

Looking at the Mid-Cap indexes from Vanguard and their P/E ratios and P/B ratios: MCG 21.6 and 2.7x MCB 25.4 and 1.7x MCV 30.9 and 1.2x Why does there seem to be an inverse relationship between P/E and P/B values? Also is there any merit in the idea that you can own fewer funds (simplify) and use Mid cap as a way to provide diversification similar to having both large cap and small cap? Why does there seem to be so little use of mid cap in the...

Predicting an appearance by Mel in 3, 2,......

earnings are noisy and of little use. P/B is a better measure here, and draws out like you'd expect. sh

I am interested in this as well. I notice lots of 'lumper'/'sd' talk but mid caps are not often addressed. The exception being mel's 'unloved'.

Probably explained by more companies with negative earnings in the value category. _________________ Jeffy press on, regardless - John C. Bogle