MSCI US vs Europe Shiller P/E ratio
Morgan Stanley presented an interesting perspective on US vs European Shiller P/E ratios in their February 2010 “In the Flow” report. American stocks are valued 1.2x higher than European stocks:
The same report also provides an update per (end of) February 2010 for the ShillerPE for US stocks:
Note that the value of 17.0x deviates significantly from the data from Robert Shiller, which is at a CAPE value of around 20x for Feb/Mar 2010.