Global Dividend Yields by Country

The table below lists historical dividend yields of the largest economies in the world. When estimating whether the stock market of a country might be undervalued, the current dividend yield should not be directly compared to other nations. As a rough valuation indicator, the dividend yield works best when the […]

Historical Index Constituents & Component Changes

As most investors know, the idea of index funds just passively owning “the market” is not entirely true. The companies making up the underlying indices the funds are following are not fixed but keep changing: every year numerous companies are removed from different indices and replaced with new constituents. Especially […]

P/E, CAPE Ratio & Dividend Yield of Japanese Stock Market

The table below lists the current and historical P/E ratio, CAPE ratio and dividend yield of the Japanese stock market, calculated using all public Japanese companies listed on the Tokyo Stock Exchange. The trailing price-earnings ratio of the Japan equity market is currently 27.70 and CAPE ratio is 31.90 (12/31/2020). […]

NASDAQ 100 Index P/E & CAPE Ratio

The table below lists the current & historical P/E (TTM) ratio & CAPE ratio of the NASDAQ-100 index. The current (12/31/2020) trailing price-to-earnings ratio of the index is 39.46. NASDAQ-100 tracks the performance of the 100 largest non-financial companies listed on the Nasdaq stock market. The largest constituents are Apple […]

U.S. Growth & Value Stocks P/E & CAPE Ratios

The table below lists the current and historical P/E ratios & CAPE ratios of Growth and Value stocks, calculated using Russell 1000 Growth and Russell 1000 Value indices. The trailing price-earnings ratio of growth equities is currently 39.61 and the corresponding ratio for value stocks is 21.72 (12/31/2020). The valuation […]

Hong Kong/Hang Seng P/E & CAPE Ratio

The table belows lists the historical P/E and CAPE ratios of Hong Kong’s Hang Seng index. The current price-earnings ratio of the Hang Seng is 12.87 and the Shiller PE ratio of the index is 14.10 (12/31/2020). The Hang Seng index is considered to be the benchmark stock index of […]

Canada Stock Market – Sector Weightings

The table below lists the curret & historical GICS Sector breakdown of the Canadian stock market, calculated using all large cap companies listed on the Toronto Stock Exchange. Currently (12/31/2020), the largest sector of the Canadian equity market is clearly the Financials sector (30.24%), which is almost twice as large […]

P/E & CAPE Ratio India Stock Market (NIFTY 50)

The current P/E (price-earnings) ratio of India’s NIFTY 50 stock index is 38.45 (12/31/2020). The CAPE ratio of the India’s stock market, calculated using the same index, is 29.91. Both ratios are considerably higher than the historical averages which might indicate the the Indian equity market is currently overvalued. For […]