other

Shiller CAPE ratio

A valuation measure that divides a stock index's price by the average of ten years of inflation-adjusted earnings, so that the profit cycle is smoothed out of the denominator. Its US series runs monthly back to 1881.

Known aliases

CAPE
CAPE ratio
Shiller P/E

Relationships

No evidence-backed relationships are recorded.

Current clusters

invest1 publisher

Full reversion from a CAPE of 41 would cost the S&P 500 8.4% a year for a decade

Robert Shiller's cyclically adjusted multiple is in the top 1% of readings since 1881. It caps how much of the next decade's return can come from the multiple. It does not date a top.

Publishers:cryptobriefing.com

Reality

Evidence54
Adoption: Insufficient
Hype gap+24
Incentives42
Confidence63