I did a comparison of PE by sector for US, Japan, Europe and China

Added India as well:
[https://imgur.com/L9Qm9L7](https://imgur.com/L9Qm9L7)

Since everyone is calling for current US market overvaluation, I wanted to check out if US stocks are really as overvalued as people are saying by different countries and each sector individually.
So I did manually, based on trailing PE weighted by market cap.

You can take your own conclusions, to me the situation doesn’t look so bad.
The only apparent overvaluation looks in the electronic technology sector, but we all know the reason (AI/GPU wave).

Data was pulled from TradingView and few mistakes/outliers were adjusted manually.

**Edit:**
Interesting enough, consumer durables overvaluation is due to TSLA alone.

**Edit:**
Added india NIFTY 500 also to the group:
[https://imgur.com/L9Qm9L7](https://imgur.com/L9Qm9L7)
Few outliers were removed since were messing up the final results.
India is way more expensive than US.



View Reddit by nopnopdaveView Source

Leave a Reply

Your email address will not be published. Required fields are marked *