The table below presents the price-to-earnings (P/E) ratios of the world’s largest stock markets, based on their respective benchmark equity indices. It includes both trailing and forward P/E ratios for each country. Currently, India and the United States stand out as the most expensive equity markets worldwide. In contrast, within […]
Global Stock Market P/E Ratio & Earnings Growth
As of July 1, 2025, the global equity market has a trailing Price-Earnings (P/E) ratio of 22.02 and a forward P/E ratio of 18.75. These multiples are based on an index comprising 3,000 publicly traded companies from 47 countries. Both ratios exceed long-term historical averages, indicating a potential overvaluation of […]
EV/EBITDA (Enterprise Multiple) by Sector/Industry (U.S. Large Cap)
The table below presents the current and historical Enterprise Multiples (EV/EBITDA) by Sector, calculated using the 500 largest publicly traded U.S. companies. Comparing a sector’s current enterprise multiple to its historical average can help assess whether the sector might be currently undervalued or overvalued. Note: The Financials sector is excluded, […]
Total Market Value of the U.S. Stock Market
As of July 1, 2025 (end-of-day), the total market capitalization of the U.S. stock market stands at $62.8 trillion ($62,825,048.8 million). Between January and beginning of April, $10 trillion in value was wiped out from the U.S. stock market after Trump’s first tariff announcements but the market has quickly recovered […]
FTSE 100 Index P/E, CAPE Ratio & Earnings
As of July 1, 2025, the FTSE 100 index has a trailing price-to-earnings (P/E) ratio of 12.91, while the forward P/E ratio is 12.48. The cyclically adjusted price-to-earnings (CAPE) ratio is 18.59. During the COVID-19 pandemic, the earnings of many major UK companies experienced a steep decline. However, in the […]
Price-Earnings (P/E) Ratio & Earnings by Sector/Industry (U.S. Large Cap)
The table below displays the current and historical trailing price-to-earnings (P/E) ratios by sector, based on the 500 largest publicly traded U.S. companies. As of July 1, 2025, the Information Technology (P/E 40.65), Real Estate (P/E 39.50) and Consumer Discretionary (P/E 29.21) sectors are trading at the highest multiples, indicating […]
China (Shanghai) Stock Market P/E, CAPE Ratio & Earnings Growth
As of July 1, 2025, the Shanghai stock market has a trailing price-to-earnings (P/E) ratio of 14.80 and a forward P/E of 13.21, while the CAPE ratio is 15.41. These multiples are based on the SSE Composite Index, the primary benchmark for mainland China’s stock market. Chinese stocks experienced weak […]
Nikkei 225 (Japan) P/E Ratio & Earnings Growth
As of July 1, 2025, Japan’s Nikkei 225 index has a trailing price-earnings (P/E) ratio of 16.57 and a forward P/E of 14.96. The cyclically adjusted CAPE ratio stands at 24.99. As one of the most widely tracked indices, the Nikkei 225 serves as a key benchmark for the Japanese […]
CAPE Ratios by Sector (U.S. Large Cap)
The table below displays the current and historical CAPE ratios by Sector, calculated using the 500 largest publicly traded U.S. companies. If a sector’s cyclically adjusted price-to-earnings (CAPE) ratio is below its historical average, it may suggest the sector is undervalued, and vice versa. The CAPE ratio varies significantly across […]
DAX Index (Germany) P/E Ratio & Earnings Growth
As of July 1, 2025, Germany’s DAX index has a trailing price-to-earnings (P/E) ratio of 19.57, while the forward P/E ratio stands at 15.78. The DAX serves as the benchmark index for the German stock market, representing 40 of the country’s largest and most liquid publicly traded companies. In 2023, […]