Tobin's Q:
Tobin's Q is at a current level of 1.114, an increase of 0.0276 or 2.54% from last quarter. This is an increase of 0.0911 or 8.91% from last year and is higher than the long term average of 0.7576.
- Category: Market Indexes
- Region: United States
- Report: Z.1 Flow of Funds Accounts of the United States
- Source: Federal Reserve
View Full Chart
Tobin's Q Chart
Export Data
Save Image
Print Image
For advanced charting, view our full-featured
Fundamental Chart
Tobin's Q Historical Data
View and export this data going back to 1949.
Start your Free Trial
Export Data
Date Range:
| Data for this Date Range | |
|---|---|
| Dec. 31, 2017 | 1.114 |
| Sept. 30, 2017 | 1.086 |
| June 30, 2017 | 1.065 |
| March 31, 2017 | 1.076 |
| Dec. 31, 2016 | 1.022 |
| Sept. 30, 2016 | 1.026 |
| June 30, 2016 | 1.034 |
| March 31, 2016 | 1.034 |
| Dec. 31, 2015 | 1.015 |
| Sept. 30, 2015 | 0.9703 |
| June 30, 2015 | 1.084 |
| March 31, 2015 | 1.112 |
| Dec. 31, 2014 | 1.139 |
| Sept. 30, 2014 | 1.122 |
| June 30, 2014 | 1.146 |
| March 31, 2014 | 1.118 |
| Dec. 31, 2013 | 1.092 |
| Sept. 30, 2013 | 1.024 |
| June 30, 2013 | 0.9947 |
| March 31, 2013 | 1.017 |
| Dec. 31, 2012 | 0.9214 |
| Sept. 30, 2012 | 0.9344 |
| June 30, 2012 | 0.9044 |
| March 31, 2012 | 0.9452 |
| Dec. 31, 2011 | 0.8502 |
| Sept. 30, 2011 | 0.781 |
| June 30, 2011 | 0.9221 |
| March 31, 2011 | 0.9192 |
| Dec. 31, 2010 | 0.8901 |
| Sept. 30, 2010 | 0.8275 |
| June 30, 2010 | 0.7508 |
| March 31, 2010 | 0.8955 |
| Dec. 31, 2009 | 0.856 |
| Sept. 30, 2009 | 0.82 |
| June 30, 2009 | 0.7003 |
| March 31, 2009 | 0.5666 |
| Dec. 31, 2008 | 0.6149 |
| Sept. 30, 2008 | 0.7373 |
| June 30, 2008 | 0.843 |
| March 31, 2008 | 0.8127 |
| Dec. 31, 2007 | 0.8611 |
| Sept. 30, 2007 | 0.8921 |
| June 30, 2007 | 0.9144 |
| March 31, 2007 | 0.9366 |
| Dec. 31, 2006 | 0.9385 |
| Sept. 30, 2006 | 0.8792 |
| June 30, 2006 | 0.8908 |
| March 31, 2006 | 0.958 |
| Dec. 31, 2005 | 0.9006 |
| Sept. 30, 2005 | 0.937 |
There is no data for the selected date range.
An error occurred. Please try again by refreshing your browser or contact us with details of your problem.
Advertisement
Tobin's Q Summary
- Last Value: 1.114
- Latest Period: Dec 2017
- Updated: Mar 8, 2018, 16:07 EST
- Next Release:
- Frequency: Quarterly
- Adjustment: Not Seasonally Adjusted
- Long Term Average: 0.7576
- Value Previously: 1.086
- Change From Previous: 2.54%
- Value One Year Ago: 1.022
- Change From One Year Ago: 8.91%
- First Period: Dec 1949
- First Value: 0.3505
- Notes: Tobins Q is the market value of all public companies in the US divided by their replacement cost. Many macroeconomists consider the market overvalued when Tobin's Q is above its long term mean and undervalued when it is below the long-term mean. The ratio is calculated using the Z.1 Flow of Funds Report. It is B.102 Line 35 (Market Value of Equities Outstanding - Net Worth (Market Value) - Balance Sheet of Nonfarm Nonfinancial Corporate Business) divided by Line 32 (Total Net Worth (Market Value) - Balance Sheet of Nonfarm Nonfinancial Corporate Business).
- Formula: US Market Value of Equities Outstanding - Net Worth (Market Value) - Balance Sheet of Nonfarm Nonfinancial Corporate Business / US Total Net Worth (Market Value) - Balance Sheet of Nonfarm Nonfinancial Corporate Business
I:TQ Excel Add-In Codes
- Indicator Code: I:TQ
- Indicator Name: =YCI("I:TQ","name")
- Latest Value: =YCP("I:TQ")
- Last 5 Values: =YCS("I:TQ",,-4)
To find the codes for any of our financial metrics, see our Complete Reference of Metric Codes.
Access our powerful Excel Add-in with a YCharts Professional Membership. Learn More.
Browse All Economic Data
- Production Industrial Production, Nonfinancial Business Assets and Liabilities, Producer Prices, Retail and Services, Transportation
- Labor Employment, Hours and Wages
- Government Central Banks, Governance and Policy, Government Assets and Liabilities, Government Receipts and Outlays, Military
- National Accounts Components of GDP, GDP, International Transactions
- Money, Banking, and Finance Cryptocurrency, Derivatives, Financial Services Sector Assets and Liabilities, Foreign Exchange, Interest Rates, Monetary
- Households Consumer Prices, Household Assets and Liabilities, Personal Income and Spending
- Housing and Construction Construction, House Prices, House Sales
- Commodities Agriculture and Livestock, Chemicals, Energy, Industrial Metals, Precious Metals
- Markets, Economic Activity, and Sentiment Economic Activity Indexes, Market Indexes, Sentiment Surveys
- Development Environment, Infrastructure, Population
- Countries Brazil, Canada, China, France, Germany, India, Japan, United Kingdom, United States, View All
- States California, Florida, Illinois, Massachusetts, New Jersey, New York, Pennsylvania, Texas, View All
- Sources ADP, BLS, EIA, ECB, Eurostat, Federal Reserve, S&P, World Bank, View All
- Reports ADP Employment, Case-Shiller, CPI, GDP, Monthly Energy Review, Personal Income and Outlays, US Int'l Transactions, View All
Advertisement
