Historic P/E Ratio for the S&P 500
Time to buy yet?
Hat tip: Barry Ritholtz
that depends. personally I’m not investing in non-cash until PEs get down to 7 or we’re clearly in a recovery.
Where’d you get *that* graph? I did not know that the S&P 500 was around in 1890. Also, what definition of P/E is it using? It seems very different from what I look at, which puts P/E around 25.
http://tal.marketgauge.com/dvmgpro/charts/CPERATI.HTM
This cant be correct. Something looks fishy, the PE is around 27 today.
If you follow the links, you’ll see that the P/E ratios are based on average inflation-adjusted earnings from the past 10 years.
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March 6th, 2009 at 12:23 pm
that depends. personally I’m not investing in non-cash until PEs get down to 7 or we’re clearly in a recovery.
March 7th, 2009 at 12:30 am
Where’d you get *that* graph? I did not know that the S&P 500 was around in 1890. Also, what definition of P/E is it using? It seems very different from what I look at, which puts P/E around 25.
http://tal.marketgauge.com/dvmgpro/charts/CPERATI.HTM
April 2nd, 2009 at 2:03 pm
This cant be correct. Something looks fishy, the PE is around 27 today.
April 3rd, 2009 at 10:36 am
If you follow the links, you’ll see that the P/E ratios are based on average inflation-adjusted earnings from the past 10 years.