34 days ago • Posted by Martin Boujol
S&P Composite 1500 trading at CAPE of 37
The S&P Composite 1500 is trading at a cyclically-adjusted price to earnings ratio of 37, almost double the average ratio, but still less that the dotcom bubble peak at 44. One thing is certain, the index has never been so expensive at the start of a recovery.
Source: Liz Ann Sonders, Pr Robert Schiller