Stock Market Valuation Statistics › Countries
United States Stock Market Valuation
How expensive are US stocks compared with fair value? This figure comes from our valuation of 35,000+ stocks and updates monthly. Free to cite with attribution.
As of: 2026-10-01 · October 2026 · updated monthly
more than 10% below fair value (cheap)near fair value (±10%)more than 10% above fair value (expensive)
US stocks currently trade +20.6 % above their estimated fair value, ranking 9 of 20 markets we track. That is more expensive than the global market (+14.8 %).
All markets compared
| # | Market | % above fair value |
|---|---|---|
| 1 | Italy | +37.5 % |
| 2 | Finland | +36.3 % |
| 3 | Switzerland | +35.8 % |
| 4 | India | +35.4 % |
| 5 | Israel | +30.3 % |
| 6 | Vietnam | +30.2 % |
| 7 | Singapore | +26.8 % |
| 8 | Australia | +23.9 % |
| 9 | USA | +20.6 % |
| 10 | Sweden | +18.9 % |
| 11 | Saudi Arabia | +17.4 % |
| 12 | Taiwan | +15.3 % |
| 13 | Canada | +13.8 % |
| 14 | Norway | +13.5 % |
| 15 | Korea | +12.7 % |
| 16 | Germany | +12.1 % |
| 17 | Poland | +11.5 % |
| 18 | Thailand | +9.0 % |
| 19 | Malaysia | +8.1 % |
| 20 | UK | +7.5 % |
Most undervalued US stocks
Names with the largest upside to fair value at solid quality:
| Company | Upside | Quality |
|---|---|---|
| Euronet Worldwide Inc | +186.1 % | 63/100 |
| Signet Jewelers Ltd | +183.0 % | 74/100 |
| Versigent PLC | +162.4 % | 62/100 |
| Full Truck Alliance Co Ltd ADR | +162.2 % | 77/100 |
| Open Text Corp | +160.5 % | 65/100 |
| Japan Airlines Ltd ADR | +141.8 % | 61/100 |
| Universal Health Services Inc | +139.3 % | 66/100 |
| MULTIPLAN EMPREENDIMENTOS IMOB | +139.2 % | 70/100 |
| Crocs Inc | +132.5 % | 62/100 |
| Kioxia Holdings Corporation ADR | +132.5 % | 65/100 |
| First Solar Inc | +131.1 % | 66/100 |
| Bath & Body Works Inc. | +124.7 % | 70/100 |
Frequently asked questions
Are US stocks overvalued right now?
US stocks trade +20.6 % above their estimated fair value (as of October 2026). Among the 20 markets we track that is rank 9; rank 1 is the most expensive. For comparison: the world market is +14.8 % above fair value.
How is this figure calculated?
For every stock we compute a fair value from 26 independent valuation models on audited fundamentals. The figure is the capitalisation-weighted gap between prices and these fair values, across 4557 stocks.
How current is this analysis?
It is recalculated every month; this version is from October 2026. The data is free to use under CC BY 4.0, source: Fair Value Calculator.
Which US stocks are most undervalued?
According to our models, currently among others Euronet Worldwide Inc, Signet Jewelers Ltd, Versigent PLC. The full list is on this page. This is not investment advice.
Cite or reuse this figure
Suggested citation: Fair Value Calculator, Stock Market Valuation Statistics (October 2026). https://www.fairvalue-calculator.com/stock-market-valuation-statistics/country/usa
Free to use under CC BY 4.0. Raw data as CSV/JSON and code samples: /developers
Methodology: fair value per stock from 26 independent valuation models, quality from 37 fundamental factors, backed by a 34-year backtest. "% above fair value" = capitalisation-weighted gap of price to the aggregate fair value of the group. For information, not investment advice.