And with a price-to-earnings ( P/E) ratio as low as 7.5, there might even be some share price gains to come. It might look good to be paying 8% and more. But I think the market can see through it. Just look at the size of those price falls. They’re the biggest of the bunch, over both 12 months and five years. Fears overdone But I love this latest panic. It scares people, they sell their shares, and that makes them cheaper for me. The fear is surely overdone, and I don’t see a bank crash coming (I didn’t see the last one coming either, but let’s gloss over that). FTSE 100 heading for 8,000 points? I don’t care if it’s eight points, or eight million points. All that matters to me is the valuation of my shares. I already thought Lloyds shares were among the best value in the FTSE 100. But after these falls, the market puts them at only around half the average Footsie valuation. That just can’t be right.

Still, in an October trading update, CEO Miles Roberts spoke of a “ robust performance during the first half,” despite the economy this year. And he says the second half should be better than the first. Results soonThere is a risk to the dividends, but I can only see it being a short-term thing. I fully expect the cash to flow in the long term, in a market with a huge shortage of supply. Investor concern may be justified for firms riddled with floating-rate mortgages. After all, higher debt servicing costs mean less capital available to fund dividends. Stephen has a PhD in Philosophy and teaches at the University of Oxford. He's an enthusiastic Warren Buffett follower and focuses on buying quality businesses at sensible prices. He's also a podcaster with the PlayingFTSE show. The world might be turning from oil and gas. But Shell‘s P/E is under nine, with BP‘s at only six. Dividend yields are only around 4% to 4.5%, but there’s growth on the cards. Perfect buy time? They might be wrong, the dividend might falter, and the share price might fall. But just think of the passive income I could build if I can snag yields like these, and keep them coming. What if?

I mean, the FTSE 100 price-to-earnings ( P/E) ratio is only about 10.5 (depending on who we ask). That’s a fair bit below its long-term average of around 14 to 15. Owain is a magpie of the investing world -- and not because he gets into a flap. Almost any style of investing might suit him, depending on the bigger picture, and he's held all sorts of companies. Paraphrasing Keynes, he says: “When the market changes, I change my mind -- what do you do?” Even with the commodities diversification though, I expect the Glencore dividend to be a bit variable over the years. In fact, broker forecasts expect it to drop to 6% by 2025. So there’s got to be risk of a share price fall if that happens. Ben is an investment writer. He's been managing his own pension and ISA portfolios for a number of years. His approach aims to balance growth and income styles of investing.Of course, there’s also artificial intelligence (AI), which has received a lot of attention this year thanks to the success of ChatGPT. In the years ahead, this technology is set to have a big impact on every industry. Some experts believe that AI could be bigger than the internet. The average price-to-earnings (P/E) ratio of the FTSE 100 has been around 14 to 15 over the long term. Right now, the Lloyds P/E is only 6.5. He then became a financial journalist, including positions as Head of Weekly Publications, Managing Editor and Chief Writer of Business Monitor International, Head of Global Fuel Oil Products for Platts, and Global Managing Editor of Research and Vice President of Renaissance Capital investment bank in Moscow.