Global equity valuation data
Valuation data for equity markets and for the industries inside them, researched and calculated in-house from company filings.
Market valuations: trailing and forward P/E, CAPE, dividend yields, price to book and EV/EBITDA for countries, regions and sectors, with the longest series running back to 1970.
Industry multiples: medians and aggregates of the key multiples for 70 industries in eight regions, with the largest companies behind each figure, updated every quarter.
Market data through 30 September 2026
| Market | Trailing P/E | Forward P/E | CAPE |
|---|---|---|---|
| United States | 25.96 | 25.96 | 35.89 |
| Japan | 19.05 | 15.73 | 35.42 |
| United Kingdom | 14.73 | 12.02 | 19.60 |
| Germany | 17.19 | 14.34 | 22.89 |
| France | 16.66 | 13.46 | 19.49 |
| China | 16.87 | 13.29 | 17.08 |
| India | 21.19 | 18.68 | 28.67 |
| Canada | 20.51 | 15.77 | 27.09 |
| Australia | 19.85 | 18.01 | 20.05 |
| Brazil | 11.14 | 8.71 | 14.95 |
| South Korea | 12.39 | 5.11 | 31.78 |
| Taiwan | 27.25 | 18.87 | 46.68 |
Every market on this site, on every measure, is in the market valuations catalogue. Each page carries ten year-ends of history and a citation you can paste into a paper.
| Industry | Key multiple | Global | United States | Europe | Japan | Emerging Asia |
|---|---|---|---|---|---|---|
| Software | EV/Sales | 4.0x | 3.9x | 3.2x | 3.1x | 5.6x |
| Semiconductors | EV/EBITDA | 24.3x | 28.8x | 20.9x | 12.6x | 25.5x |
| Internet & Digital Platforms | EV/EBITDA | 11.1x | 12.3x | 11.2x | 10.9x | 9.0x |
| Pharmaceuticals | P/E | 19.3x | 17.1x | 17.2x | 13.3x | 22.0x |
| Banks | P/TBV | 1.4x | 1.4x | 1.5x | 1.2x | 0.9x |
| Insurance | P/B | 1.7x | 1.7x | 2.0x | 1.3x | 1.1x |
| Oil & Gas Producers | EV/EBITDA | 5.5x | 5.2x | 4.5x | – | 6.9x |
| Chemicals | EV/EBITDA | 12.4x | 9.6x | 9.5x | 7.2x | 15.6x |
| Machinery | EV/EBITDA | 14.0x | 12.6x | 9.5x | 7.5x | 21.0x |
| Aerospace & Defense | EV/EBITDA | 20.8x | 19.5x | 16.1x | – | 29.5x |
| Retail | EV/EBITDA | 7.8x | 7.3x | 7.2x | 8.1x | 9.8x |
| Telecom Services | EV/EBITDA | 7.7x | 6.3x | 6.8x | 9.5x | 10.9x |
Each industry on the multiple valuers use for it: EV/EBITDA for most, revenue for software, earnings or book value for financials. Every industry page adds the regional aggregates, margins and returns, twelve quarters of history and the largest companies.
Market and sector ratios are aggregates: total market capitalisation over total earnings, book value or EBITDA, not an average of the constituents' own ratios, which a single company with near-zero earnings can distort. Industry multiples add the median, the typical company, beside the aggregate, because that is what a valuation compares a target with.
A historic reading reflects what was known at the time. When a company later restates its results, the old figure is left exactly as it was first published. That is the convention the major index providers use, and it is the only way a backtest can be honest.
There is no third-party feed behind these numbers. Everything is built from company filings by our own data team, which is why every page can explain exactly how its figures are constructed — and why the data methodology is published in full.
Where this data is used
Some examples. Siblis valuation data appears in peer-reviewed journals, central bank publications and the financial press.