S&P 500 P/E Ratio (I:SP500PER)

25.37 for Q2 2026
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Basic Info

S&P 500 P/E Ratio is at a current level of 25.37, up from 24.88 last quarter and down from 27.88 one year ago. This is a change of 1.95% from last quarter and -9.03% from one year ago.

The S&P 500 PE Ratio is the price to earnings ratio of the constituents of the S&P 500, calculated by using the holdings of an ETF proxy (State Street SPDR S&P 500 ETF Trust / SPY). Prior to September 2025, this data was provided by Standard and Poor's. The S&P 500 includes the 500 largest companies in the United States and can be viewed as a gauge for how the United States stock market is performing. The price to earnings ratio is a valuation metric that gives a general idea of how a company's stock is priced in comparison to their earnings per share. Historically, the S&P 500 PE Ratio peaked above 120 during the financial crisis in 2009 and was at its lowest in 1988.
Report S&P 500 Earnings
Categories N/A
Region United States
Source YCharts

Stats

Last Value 25.37
Latest Period Jun 2026
Last Updated Sep 2 2026, 19:13 EDT
Next Release Oct 15 2026, 11:00 EDT (E)
Average Growth Rate 7.71%
Value from Last Quarter 24.88
Change from Last Quarter 1.95%
Value from 1 Year Ago 27.88
Change from 1 Year Ago -9.03%
Frequency Quarterly
Adjustment N/A

Historical Data

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Date Value
June 30, 2026 25.37
March 31, 2026 24.88
December 31, 2025 28.04
September 30, 2025 28.58
June 30, 2025 27.88
March 31, 2025 25.90
December 31, 2024 27.99
September 30, 2024 28.77
June 30, 2024 27.87
March 31, 2024 27.45
December 31, 2023 24.79
September 30, 2023 23.27
June 30, 2023 24.59
March 31, 2023 23.46
December 31, 2022 22.23
September 30, 2022 19.17
June 30, 2022 19.69
March 31, 2022 22.89
December 31, 2021 24.09
September 30, 2021 24.56
June 30, 2021 27.07
March 31, 2021 30.99
December 31, 2020 39.90
September 30, 2020 34.24
June 30, 2020 31.24
Date Value
March 31, 2020 22.22
December 31, 2019 23.16
September 30, 2019 22.40
June 30, 2019 21.75
March 31, 2019 21.09
December 31, 2018 18.94
September 30, 2018 22.35
June 30, 2018 22.19
March 31, 2018 22.88
December 31, 2017 24.33
September 30, 2017 23.53
June 30, 2017 23.30
March 31, 2017 23.56
December 31, 2016 23.68
September 30, 2016 24.34
June 30, 2016 24.15
March 31, 2016 23.83
December 31, 2015 23.62
September 30, 2015 21.18
June 30, 2015 21.74
March 31, 2015 20.84
December 31, 2014 20.12
September 30, 2014 18.61
June 30, 2014 19.01
March 31, 2014 18.57

News

Headline
Time (ET)
S&P 500 Second Quarter Earnings Outpace Forecast as Reporting Season Nears End, Oppenheimer Says
09/08 11:43
S&P 500 Posts Slight Weekly Gain as Energy Climbs, Consumer Discretionary Weighs
09/04 16:45
Update: Equities Rise Intraday as Yield Rally Fades
09/02 14:27
Update: US Equity Indexes Rise in Midday Trading
09/02 12:35
S&P 500 Posts Slight Weekly Gain as Tech Earnings Top Expectations
08/28 16:47
US Equity Indexes Rise This Week as Tech Gains Outweigh Hot Inflation Print, Iran's Economic D-Day
08/28 16:37
S&P 500 Annual Earnings, Revenue Growth Slows From Last Week, Oppenheimer Says
08/24 11:47
S&P 500 Annual Earnings Growth Holds Steady From Last Week, Oppenheimer Says
08/17 11:37
Update: S&P Logs Third Consecutive Weekly Gain Despite Pullback From Record High
08/14 16:38
Update: S&P 500 Scales New Peak as Weak Wholesale Inflation Report Lifts Odds of Fed's Policy-Pause Extension
08/13 15:56

Basic Info

S&P 500 P/E Ratio is at a current level of 25.37, up from 24.88 last quarter and down from 27.88 one year ago. This is a change of 1.95% from last quarter and -9.03% from one year ago.

The S&P 500 PE Ratio is the price to earnings ratio of the constituents of the S&P 500, calculated by using the holdings of an ETF proxy (State Street SPDR S&P 500 ETF Trust / SPY). Prior to September 2025, this data was provided by Standard and Poor's. The S&P 500 includes the 500 largest companies in the United States and can be viewed as a gauge for how the United States stock market is performing. The price to earnings ratio is a valuation metric that gives a general idea of how a company's stock is priced in comparison to their earnings per share. Historically, the S&P 500 PE Ratio peaked above 120 during the financial crisis in 2009 and was at its lowest in 1988.
Report S&P 500 Earnings
Categories N/A
Region United States
Source YCharts

Stats

Last Value 25.37
Latest Period Jun 2026
Last Updated Sep 2 2026, 19:13 EDT
Next Release Oct 15 2026, 11:00 EDT (E)
Average Growth Rate 7.71%
Value from Last Quarter 24.88
Change from Last Quarter 1.95%
Value from 1 Year Ago 27.88
Change from 1 Year Ago -9.03%
Frequency Quarterly
Adjustment N/A

Related Indicators

S&P 500 Fundamentals
S&P 500 Dividend Yield (DISCONTINUED) 1.15%
S&P 500 Earnings Yield (DISCONTINUED) 3.50%
S&P 500 Market Cap (DISCONTINUED) 58.44T USD
S&P 500 Price to Book Ratio (DISCONTINUED) 5.265
S&P 500 Shiller CAPE Ratio 40.58
SPX Put/Call Ratio 1.14
VIX 17.84
S&P 500 Returns
S&P 500 1 Year Return (DISCONTINUED) 14.87%
S&P 500 10 Year Return (DISCONTINUED) 257.6%
S&P 500 3 Year Return (DISCONTINUED) 70.22%
S&P 500 5 Year Return (DISCONTINUED) 86.82%
S&P 500 Annual Return (DISCONTINUED) 16.39%
S&P 500 Annual Total Return (DISCONTINUED) 17.88%
S&P 500 Monthly Return (DISCONTINUED) 1.37%
S&P 500 Monthly Total Return (DISCONTINUED) 1.37%
US Markets
S&P 500 7631.47 USD
S&P 500 1 Year Return (DISCONTINUED) 14.87%
S&P 500 Monthly Total Return (DISCONTINUED) 1.37%
VIX 17.84
VIX Put/Call Ratio 0.26
Wilshire 5000 Price Index (DISCONTINUED) 52875.49 USD