Emerging Markets Equity Valuations

The table below shows the current & historical equity market valuations of selected Emerging Markets. The trailing price-earnings (P/E) ratio of MSCI Emerging Markets index is currently 28.86 (12/31/2020) and the forward P/E ratio of the index is 15.11. Among the emerging economies, the Indian stock market is clearly the […]

Global P/E Ratios (Price-Earnings) by Country

The table below shows the P/E ratios (price-to-earnings) of the largest global markets, calculated using the benchmark equity index of each stock market. The table lists both trailing price-to-earnings and forward price-to-earnings ratios of the countries. The trailing P/E ratios of many markets are currently at very elevated levels due […]

Bovespa Index (Ibovespa) P/E Ratio (Brazil)

The table below lists the current & past price-to-earnings ratios of the Bovespa index. The current trailing P/E ratio of the Ibovespa is 32.51 (12/31/2020). The Ibovespa is considered to be the benchmark equity index for the Brazilian stock market. The current P/E is considerably higher than the average historical […]

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 […]

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 […]

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). […]

France Stock Market P/E Ratio & Dividend Yield

The table below lists the historical price-earnings ratio and dividend yield of the France equity market, calculated using the 100 largest French companies listed in the Euronext Paris stock exchange. The trailing P/E is currently 23.19 and forward P/E is 17.69. The dividend yield of the largest French companies is […]

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 […]

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 […]

DAX Index (Germany) P/E Ratio & Yield

The table below lists the historical price-earnings ratio & dividend yield of the DAX index. The current trailing P/E ratio of the index is 27.04 (12/31/2020). The DAX 30 index includes thirty large cap German companies trading on the Frankfurt Stock Exchange. It is considered the benchmark index for the […]