Different investors focus on different things. One of my favourite measures is the CAPE ratio - also known as the Shiller P/E or PE10.

The chart below shows the CAPE ratios from February 1970 through December 1994, plotted against the S&P 500’s subsequent 10-year results. For example, ...

Starting CAPE Ratio vs. Real 10-Year S&P 500 Annualized Returns (%) For example: When the CAPE 10 was below 9.6, 10-year-forward real returns averaged 9.8%, well above the historical average of 7.4%.

Chart #2: CAPE. Another commonly used metric is the cyclically adjusted, price-to-earnings ratio (CAPE). Currently, the CAPE is 73% above its mean.

Stock valuations are historically high, and are hovering near levels that have preceded big downturns including the 1987 ...

In today's Chart of the Day, Yahoo Finance anchor Madison Mills analyzes Deutsche Bank's latest assessment of the S&P 500 (^GSPC) CAPE ratio — or its Cyclically-Adjusted Price-to-Earnings Ratio ...

Looking at a 150-year history of the cyclically-adjusted price-to-earnings (CAPE) ratio of the S&P 500 index suggests that the stock market is very overvalued.

The second table shows S&P 500 returns after the CAPE Ratio reading was below 10. These low ratios have tended to lead to significant outperformance. The index gained an average of 18.5% over the ...

Stocks appear more costly in the U.S. than price-earnings ratios and other basic indicators would suggest, according to Ted Berg, an analyst in the Treasury’s Office of Financial Research.

A much-watched indicator may be exaggerating how overpriced the stock market really is. According to the cyclically adjusted ...

The Schiller cyclically adjusted P/E ratio, or P/E 10, commonly abbreviated as CAPE, is generally a worthless measure of how cheap or expensive the stock market is. While the reasoning behind the ...