S&P 500 Shiller CAPE Ratio:
The S&P 500 Shiller CAPE Ratio, also known as the Cyclically Adjusted Price-Earnings ratio, is defined as the ratio the the S&P 500's current price divided by the 10-year moving average of inflation-adjusted earnings. The metric was invented by American economist Robert Shiller and has become a popular way to understand long-term stock market valuations. It is used as a valuation metric to forecast future returns, where a higher CAPE ratio could reflect lower returns over the next couple of decades, whereas a lower CAPE ratio could reflect higher returns over the next couple of decades, as the ratio reverts back to the mean.
S&P 500 Shiller CAPE Ratio is at a current level of 28.95, a decrease of 1.358 or 4.48% from last month. This is a decrease of 3.439 or 10.62% from last year and is higher than the long term average of 16.98.
- Category: Market Indices and Statistics
- Region: United States
- Report: Shiller S&P 500 PE 10
- Source: Robert Shiller
Chart
Historical Data
| Data for this Date Range | |
|---|---|
| Aug. 31, 2019 | 28.95 |
| July 31, 2019 | 30.31 |
| June 30, 2019 | 29.47 |
| May 31, 2019 | 29.34 |
| April 30, 2019 | 30.13 |
| March 31, 2019 | 29.58 |
| Feb. 28, 2019 | 29.54 |
| Jan. 31, 2019 | 28.38 |
| Dec. 31, 2018 | 28.29 |
| Nov. 30, 2018 | 30.20 |
| Oct. 31, 2018 | 31.04 |
| Sept. 30, 2018 | 32.62 |
| Aug. 31, 2018 | 32.39 |
| July 31, 2018 | 31.89 |
| June 30, 2018 | 31.63 |
| May 31, 2018 | 31.24 |
| April 30, 2018 | 30.97 |
| March 31, 2018 | 31.81 |
| Feb. 28, 2018 | 32.04 |
| Jan. 31, 2018 | 33.31 |
| Dec. 31, 2017 | 32.09 |
| Nov. 30, 2017 | 31.30 |
| Oct. 31, 2017 | 30.92 |
| Sept. 30, 2017 | 30.17 |
| Aug. 31, 2017 | 29.92 |
| July 31, 2017 | 30.00 |
| June 30, 2017 | 29.75 |
| May 31, 2017 | 29.31 |
| April 30, 2017 | 28.90 |
| March 31, 2017 | 29.09 |
| Feb. 28, 2017 | 28.66 |
| Jan. 31, 2017 | 28.06 |
| Dec. 31, 2016 | 27.87 |
| Nov. 30, 2016 | 26.85 |
| Oct. 31, 2016 | 26.53 |
| Sept. 30, 2016 | 26.73 |
| Aug. 31, 2016 | 26.95 |
| July 31, 2016 | 26.69 |
| June 30, 2016 | 25.84 |
| May 31, 2016 | 25.69 |
| April 30, 2016 | 25.92 |
| March 31, 2016 | 25.37 |
| Feb. 29, 2016 | 24.00 |
| Jan. 31, 2016 | 24.21 |
| Dec. 31, 2015 | 25.97 |
| Nov. 30, 2015 | 26.23 |
| Oct. 31, 2015 | 25.49 |
| Sept. 30, 2015 | 24.50 |
| Aug. 31, 2015 | 25.69 |
| July 31, 2015 | 26.38 |
There is no data for the selected date range.
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Stats
| Last Value | 28.95 |
| Latest Period | Aug 2019 |
| Last Updated | Aug 8 2019, 19:03 EDT |
| Average Growth Rate | 1.36% |
| Value from 1 Year Ago | 32.39 |
| Change from 1 Year Ago | -10.62% |
| Frequency | Monthly |
| Adjustment | N/A |
| Download Source File | Upgrade |
Related Indicators
| US Economy | |
|---|---|
| ADP Nonfarm Payrolls MoM | 195.40K |
| Effective Federal Funds Rate | 2.14% |
| US Durable Goods New Orders MoM | 2.05% |
| US Housing Starts MoM | -4.03% |
| US Index of Consumer Sentiment | 92.00 |
| US Inflation Rate | 1.75% |
| US Initial Jobless Claims | 204000.0 |
| US ISM Manufacturing PMI | 49.10 |
| US Real GDP Growth | 2.00% Chg Qtr |
| US Retail Sales MoM | 0.58% |
| US Unemployment Rate | 3.70% |
Excel Add-In Codes
- Indicator Code: I:SP500CAP
- Indicator Name: =YCI("I:SP500CAP","name")
- Data Point Example: =YCP("I:SP500CAP")
- Data Series Example: =YCS("I:SP500CAP",,-4)
To find the codes for any of our financial metrics, see our Complete Reference of Metric Codes.
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