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Stock markets compared by growth hurdle

Data as of .

Hurdle by market and sector

Cap-weighted across companies, at the cockpit's default liquidity gate ($50M a day); local currency. Ranked by the All-sectors column. Data as of 6 Nov 2026.
MarketAll sectorsCommunication ServicesConsumer DiscretionaryConsumer StaplesEnergyFinancialsHealth CareIndustrialsInformation TechnologyMaterialsReal EstateUtilities
China-11.9 pp-4.9 pp-7.5 pp-4.3 pp-10.3 pp—-9.3 pp-16.3 pp—-14.2 pp——
Taiwan-5.8 pp——————-11.0 pp-7.2 pp+42.5 pp——
Australia-5.1 pp————————-5.1 pp——
Canada-5.0 pp-4.5 pp-9.1 pp—-12.3 pp——+2.5 pp+8.1 pp-8.0 pp——
Hong Kong-2.3 pp-8.3 pp+12.7 pp—-23.1 pp—-13.4 pp-11.5 pp+16.5 pp-25.2 pp——
United Kingdom+0.8 pp——+2.4 pp——-1.3 pp+1.4 pp————
United States+1.1 pp+7.4 pp+9.2 pp-1.1 pp-20.8 pp—-2.6 pp+7.0 pp-0.7 pp-0.8 pp—+4.4 pp
Sweden+2.1 pp——————+2.1 pp————
Japan+2.9 pp+14.7 pp-0.7 pp-6.6 pp——-6.7 pp+5.1 pp+1.1 pp+5.1 pp——
France+3.1 pp—-2.6 pp+6.4 pp———+4.1 pp+7.5 pp———
Switzerland+3.4 pp—————+3.4 pp+3.2 pp————
Germany+6.6 pp—+5.0 pp————+7.1 pp————
India+8.2 pp—+6.7 pp———+34.4 pp+14.0 pp-0.1 pp———
Netherlands+9.9 pp——-1.4 pp———+10.8 pp+11.7 pp———
Italy+11.8 pp——————+11.8 pp————
South Korea+21.3 pp——————-1.1 pp+25.4 pp———
Spain————————————
Singapore————————————
Denmark————————————
Norway————————————
Finland————————————
Poland————————————
All markets+0.5 pp+6.3 pp+7.0 pp-0.9 pp-18.3 pp—-2.7 pp+2.4 pp+0.5 pp-4.4 pp—+4.4 pp

Other measures: market capitalisation · market cap to GDP · number of listed companies · forward P/E · P/E ratio · price-to-book · EV/sales · free cash flow yield · revenue growth · EPS growth · operating margin · return on capital · net debt to EBITDA · share of profitable companies · share of companies expanding margins · share of companies with accelerating revenue · ROIC minus WACC · ROIC · growth the price implies (Req g) · cost of capital (WACC) · EV/EBITDA · share of companies burning cash · capex intensity · 1-week return · 1-month return · 3-month return · 6-month return · year-to-date return · 1-year return · breadth (share above the 50-day average).

Questions

Which stock market has the lowest growth hurdle?
China, at -11.9 pp (cap-weighted, as of 6 Nov 2026), followed by Taiwan (-5.8 pp) and Australia (-5.1 pp).