Emerging Markets Equity Valuations

The table below presents the current and historical equity market valuations for selected emerging markets. As of Jan 1, 2025, the trailing Price-to-Earnings (P/E) ratio of the MSCI Emerging Markets Index stands at 15.13, while the forward P/E ratio is 11.87. Among the major emerging economies, India’s stock market is […]

France CAC 40 Stock Market P/E Ratio & Earnings

The table below presents the current & historical price-earnings (P/E) ratios of the France equity market, calculated using the CAC 40 equity index. The trailing P/E of the index is currently 14.09 and the forward P/E is 13.52 (January 1st, 2025). For the most up-to-date data, check the data subscriptions […]

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

As of January 1, 2025, growth stocks have a trailing price-to-earnings (P/E) ratio of 38.82 and a forward P/E of 28.06. In contrast, value stocks have a trailing P/E of 19.62 and a forward P/E of 16.78. These multiples are based on the Russell 1000 Growth and Russell 1000 Value […]

Shanghai SSE Composite Index Sector Weightings

The table below presents the sector weightings of the Shanghai SSE Composite Index, the primary benchmark for mainland China’s stock market. As of January 1st, 2025, the largest sector within the index is the Financials & Real Estate sector, which accounts for 27.4% of the total index market cap. This […]

World Stock Market Capitalization & Profits

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. […]

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, […]

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 […]

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 […]