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 | +192.6 % | 63/100 |
| Open Text Corp | +190.3 % | 65/100 |
| Bath & Body Works Inc. | +163.1 % | 69/100 |
| TAL Education Group | +158.4 % | 83/100 |
| Versigent PLC | +148.9 % | 62/100 |
| Full Truck Alliance Co Ltd ADR | +147.9 % | 77/100 |
| CGI Inc | +147.7 % | 67/100 |
| Crocs Inc | +139.3 % | 64/100 |
| Universal Health Services Inc | +139.0 % | 66/100 |
| Japan Airlines Ltd ADR | +138.6 % | 61/100 |
| Harley-Davidson Inc | +136.0 % | 64/100 |
| Smithfield Foods, Inc. Common Stock | +127.2 % | 67/100 |
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, Open Text Corp, Bath & Body Works Inc.. 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.