The excitation/inhibition (E/I) ratio has been shown to be elevated in both autism spectrum disorder (ASD) and schizophrenia (SZ), relative to neurotypical controls. However, the degree of E/I imbalance overlap and differentiation between SZ and ASD is not known. Our main objectives were therefore (1) to quantify group differences in the E/I ratio between controls, ASD and SZ, and (2) to assess the potential of the E/I ratio for differential diagnosis. We collected resting state fMRI (rsfMRI) and phenotypic data from 55 controls, 30 ASD, and 39 SZ, ages 18 to 35 (IQ>80). For each participant, we computed the Hurst exponent (H), an indicator of the E/I ratio, for the timecourses of 53 independent components covering the entire brain. Next, using Optimal Classification Trees (OCT), we ran a classification analysis on the two clinical groups using five incremental feature sets (i.e., models): (1) Positive and Negative Syndrome Scale (PANSS) and the Autism Diagnostic Observation Schedule (ADOS) only; (2) PANSS, ADOS, Bermond–Vorst Alexithymia Questionnaire (BVAQ), Empathy Quotient (EQ), and IQ; (3) H only; (4) H, PANSS and ADOS; (5) H, PANSS, ADOS, BVAQ, EQ and IQ. We observed decreased H (i.e., increase in E/I ratio) in ASD and SZ compared to controls, and in SZ compared to ASD in the Cerebellar, Sensorimotor, Visual and Cognitive Control networks. The OCT classification showed a consistent increase in discrimination accuracy across models between ASD and SZ, suggesting that the E/I ratio in combination with phenotypic measures can contribute to differential diagnosis in adults.