Market Valuation
Different valuation factors applied to global markets.
Green areas indicate undervaluation. Yellow areas indicate fair valuation. Any other area indicates overvaluation.
More info in the post CAPE and other market valuation factors post.
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CAPE@2026-02-26
52.17VERY HIGH
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 –
with EV/FCFF (10 acct. periods)-0.12329
with P/FCFE (10 acct. periods)with EV/FCFF (10 acct. periods)0.24242
with P/FCFE (10 acct. periods)EV/FCFF (10 acct. periods)@2026-02-26
95.70
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. –
with CAPE-0.20852
with P/FCFE (10 acct. periods)with CAPE0.16231
with P/FCFE (10 acct. periods)P/FCFE (10 acct. periods)@2026-02-26
60.95VERY HIGH
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. –
with CAPE-0.20852
with EV/FCFF (10 acct. periods)with CAPE0.16231
with EV/FCFF (10 acct. periods)