AI valuation premium

How much extra am I paying for AI? A widening premium needs stronger growth or more durable profits to justify it.

1.38×−0.01%Close Oct 1, 2026

Hover to inspect recorded prices. Click to pin a point; click again to release. Drag between two points to measure the return over that span. Use arrow keys to move, shift with an arrow key to extend a span, Home or End to jump, and Escape to clear.

AI's P/E divided by the rest of the US market's. Above 1.0× the market pays more for a dollar of AI profit than for a dollar of anyone else's.

Before Oct 2, 2026 the line is a back-test of the companies picked that day.

How this index is built →

Sources: company filings, exchange prices and secondary-market trades.

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