As of January 1, 2025, the total market capitalization of the global stock market stands at $128.2 trillion ($128,206,241.0 million), with U.S. stocks accounting for $62.2 trillion ($62,204,752.9 million). Over the past 14 years, the global stock market has seen significant growth, largely driven by the expansion of U.S. companies. […]
Nikkei 225 (Japan) P/E Ratio & Earnings Growth
As of January 1, 2025, Japan’s Nikkei 225 index has a trailing price-earnings (P/E) ratio of 15.72 and a forward P/E of 14.64. The cyclically adjusted CAPE ratio stands at 26.14. As one of the most widely tracked indices, the Nikkei 225 serves as a key benchmark for the Japanese […]
Historical Index Constituents & Component Changes
Many investors assume that index funds and ETFs passively own “the market”, but the reality is more complex. The underlying indices that these funds track are not static; they evolve continuously as companies are added and removed. Every year, numerous firms exit major indices, making way for new entrants. This […]
Hong Kong/Hang Seng Index P/E & Earnings Growth
As of January 1st, 2025, the Hang Seng Index (HSI) has a trailing price-to-earnings (P/E) ratio of 10.04 and a forward P/E ratio of 9.74. Widely recognized as the benchmark index for Hong Kong’s equity market, the HSI includes some of China’s leading tech giants, such as Alibaba Group, Tencent, […]
DAX Index (Germany) P/E Ratio & Earnings Growth
As of January 1, 2025, Germany’s DAX index has a trailing price-to-earnings (P/E) ratio of 15.04, while the forward P/E ratio stands at 12.99. 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, […]
Japan Stock Market Valuation (2025)
The current trailing P/E ratio of the Japanese stock market is 15.72 and the forward P/E ratio is 14.64 (January 1st, 2025, calculated using the Nikkei 225 index companies). Does this mean that the Japanese stock market is undervalued or overvalued? For the latest data, check the data subscriptions provided by […]
KOSPI Index (South Korea) P/E Ratio & Earnings Growth
As of January 1, 2025, the Korean KOSPI index has a trailing price-to-earnings (P/E) ratio of 11.49 and a forward P/E ratio of 7.85. These ratios are based on the KOSPI index, which serves as the benchmark equity index for the Korean stock market. The year 2023 was challenging for […]
Global Dividend Yields by Country
The table below presents historical dividend yields for the world’s largest economies. When assessing whether a country’s stock market may be undervalued, its current dividend yield should not be directly compared to those of other nations. Instead, dividend yield serves as a more effective valuation indicator when measured against the […]
Price-to-Book (P/B) Ratio by Sector (U.S. Large Cap)
The table below displays the current and historical price-to-book (P/B) ratios by sector, based on the 500 largest U.S. companies. It’s important to note that P/B ratios should not be used to compare valuations across different sectors. Instead, a sector’s current P/B should be assessed relative to its historical average […]
Global Market Cap to GDP (GNI) Ratios by Country
The table below displays the total market cap-to-GNI (GDP) ratios for the world’s largest economies. This ratio, also known as the Buffett Indicator, can be used to assess a country’s stock market valuation by comparing its current level to historical averages, providing possible insight into potential future returns. As of […]