The table below lists thetotal market cap to GNI (GDP) ratiosof the largest economies in the world. Comparing the current market cap-to-GNI ratio (also known as theBuffett Indicator) of a country to its historical average can be used to estimate thecurrent valuation and expected returns of ...
The market cap to the global GDP ratio can also be calculated instead of the ratio for a specific market. The World Bank releases data on theStock Market Capitalization to GDP for Worldwhich was 92% in 2018.2 This market cap to GDP ratio is impacted by trends in theinitial public of...
CAPE、Market Cap to GDP、Tobin Q三大长期指标图。 要么是美股已进入了新范式,过去的估值体系作废,要么就是历史周期性地,美股处于很高的位置。$道琼斯指数(.DJI)$$伯克希尔-哈撒韦A(BRK.A)$
The Market Cap to GDP Ratio (also known as the Buffett Indicator) is a measure of the total value of all publicly-traded stocks in a country, divided by that country’s Gross Domestic Product (GDP). It used as a broad way of assessing whether the country’s stock market is overvalued ...
If the ratio approaches 200%--as it did in 1999 and a part of 2000--you are playing with fire. Some people calculate the indicator with the Wilshire 5000 and no adjustment for the market cap ratio (~ $1.15 billionaccording to their web site). Other folks will use a Fed estimate but...
The Stock Market is Significantly Overvalued according to Buffett Indicator. Based on the historical ratio of total market cap over GDP (currently at 208.2%), it is likely to return -0.4% a year from this level of valuation, including dividends. ...
Market Cap to GDP: An Updated Look at the Buffett Valuation Indicator Market Cap to GDP is a long-term valuation indicator that has become popular in recent years, thanks to Warren Buffett. Back in 2001 he remarked in a Fortune Magazine interview that "it is probably the best single measure...
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Table 1. Definition of variablesVariableDefinitionCAP:Stock market capitalization to GDP (% of GDP) According to World Bank: “stock market capitalization is the value of listed shares to GDP, calculated using the following deflation method: {(0.5)*[Ft/P_et + Ft-1/P_et-1]}/[GDPt/P_at...
Market Cap $13.76B Shares Outstanding 235.04M Public Float 233.03M Beta 1.51 Rev. per Employee N/A P/E Ratio 6.54 EPS $8.96 Yield 0.00% Dividend $0.22 Ex-Dividend Date Feb 4, 2020 Short Interest 15.91M 11/29/24 % of Float Shorted 6.83% Average Volume 3.73M Performa...