Market Valuation
Different valuation factors applied to global markets.
Green areas indicate undervaluation. Yellow areas indicate fair valuation. Any other area indicates overvaluation.
See the CAPE and other market valuation factors post.
Charts: select an area to zoom in / double click to reset zoom.
Green areas indicate undervaluation. Yellow areas indicate fair valuation. Any other area indicates overvaluation.
See the CAPE and other market valuation factors post.
Charts: select an area to zoom in / double click to reset zoom.
CAPE
The cyclically-adjusted price-to-earnings (CAPE), as defined by Robert Shiller, calculated not with the S&P500, but with all listed companies weighted by size –
Stats
Average = 34.99
Moving average (20 points) = 49.38
Correlation w/ other market factors
0.98429
0.64678
with EV/FCFF (10 acct. periods)0.64678
with P/FCFE (10 acct. periods)0.98921
0.70500
with EV/FCFF (10 acct. periods)0.70500
with P/FCFE (10 acct. periods)EV/FCFF (10 acct. periods)
Size-weighted average enterprise value (EV) in relation to the size-weighted moving average (10 years) free cash flow to the firm (FCFF) of all the companies in the selected market. –
Stats
Average = 75.59
Moving average (20 points) = 94.24
Correlation w/ other market factors
0.98429
0.54217
with CAPE0.54217
with P/FCFE (10 acct. periods)0.98921
0.66257
with CAPE0.66257
with P/FCFE (10 acct. periods)P/FCFE (10 acct. periods)
Size-weighted average market capitalization (P) in relation to the size-weighted moving average (10 years) free cash flow to equity (FCFE) of all the companies in the selected market. –
Stats
Average = 46.26
Moving average (20 points) = 57.55
Correlation w/ other market factors
0.64678
0.54217
with CAPE0.54217
with EV/FCFF (10 acct. periods)0.70500
0.66257
with CAPE0.66257
with EV/FCFF (10 acct. periods)