S&P 500 PE Ratio
Price earnings ratio is based on average inflation-adjusted earnings from the previous 10 years, known as the Cyclically Adjusted PE Ratio (CAPE Ratio), Shiller PE Ratio, or PE 10 — FAQ.
Data courtesy of
Robert Shiller from his book,
Irrational Exuberance.
| Date | S&P 500 PE Ratio |
|---|---|
| 2012-02-03 | 22.47 |
| 2011-01-01 | 22.97 |
| 2010-01-01 | 20.52 |
| 2009-01-01 | 15.17 |
| 2008-01-01 | 24.01 |
| 2007-01-01 | 27.20 |
| 2006-01-01 | 26.46 |
| 2005-01-01 | 26.58 |
| 2004-01-01 | 27.65 |
| 2003-01-01 | 22.89 |
| 2002-01-01 | 30.28 |
| 2001-01-01 | 36.98 |
| 2000-01-01 | 43.77 |
| 1999-01-01 | 40.58 |
| 1998-01-01 | 32.86 |
| 1997-01-01 | 28.33 |
| 1996-01-01 | 24.76 |
| 1995-01-01 | 20.22 |
| 1994-01-01 | 21.41 |
| 1993-01-01 | 20.32 |
| 1992-01-01 | 19.77 |
| 1991-01-01 | 15.61 |
| 1990-01-01 | 17.05 |
| 1989-01-01 | 15.09 |
| 1988-01-01 | 13.90 |
| 1987-01-01 | 14.92 |
| 1986-01-01 | 11.71 |
| 1985-01-01 | 10.00 |
| 1984-01-01 | 9.89 |
| 1983-01-01 | 8.76 |
| 1982-01-01 | 7.39 |
| 1981-01-01 | 9.26 |
| 1980-01-01 | 8.85 |
| 1979-01-01 | 9.26 |
| 1978-01-01 | 9.24 |
| 1977-01-01 | 11.44 |
| 1976-01-01 | 11.19 |
| 1975-01-01 | 8.92 |
| 1974-01-01 | 13.53 |
| 1973-01-01 | 18.71 |
| 1972-01-01 | 17.26 |
| 1971-01-01 | 16.46 |
| 1970-01-01 | 17.09 |
| 1969-01-01 | 21.20 |
| 1968-01-01 | 21.51 |
| 1967-01-01 | 20.43 |
| 1966-01-01 | 24.06 |
| 1965-01-01 | 23.27 |
| 1964-01-01 | 21.63 |
| 1963-01-01 | 19.26 |
| 1962-01-01 | 21.20 |
| 1961-01-01 | 18.47 |
| 1960-01-01 | 18.34 |
| 1959-01-01 | 17.98 |
| 1958-01-01 | 13.79 |
| 1957-01-01 | 16.72 |
| 1956-01-01 | 18.29 |
| 1955-01-01 | 15.99 |
| 1954-01-01 | 12.00 |
| 1953-01-01 | 13.01 |
| 1952-01-01 | 12.53 |
| 1951-01-01 | 11.90 |
| 1950-01-01 | 10.75 |
| 1949-01-01 | 10.25 |
| 1948-01-01 | 10.42 |
| 1947-01-01 | 11.47 |
| 1946-01-01 | 15.62 |
| 1945-01-01 | 11.96 |
| 1944-01-01 | 11.05 |
| 1943-01-01 | 10.15 |
| 1942-01-01 | 10.10 |
| 1941-01-01 | 13.90 |
| 1940-01-01 | 16.37 |
| 1939-01-01 | 15.60 |
| 1938-01-01 | 13.51 |
| 1937-01-01 | 21.61 |
| 1936-01-01 | 17.08 |
| 1935-01-01 | 11.49 |
| 1934-01-01 | 13.02 |
| 1933-01-01 | 8.73 |
| 1932-01-01 | 9.31 |
| 1931-01-01 | 16.70 |
| 1930-01-01 | 22.30 |
| 1929-01-01 | 27.06 |
| 1928-01-01 | 18.79 |
| 1927-01-01 | 13.18 |
| 1926-01-01 | 11.33 |
| 1925-01-01 | 9.69 |
| 1924-01-01 | 8.07 |
| 1923-01-01 | 8.15 |
| 1922-01-01 | 6.28 |
| 1921-01-01 | 5.12 |
| 1920-01-01 | 5.99 |
| 1919-01-01 | 6.09 |
| 1918-01-01 | 6.63 |
| 1917-01-01 | 10.98 |
| 1916-01-01 | 12.53 |
| 1915-01-01 | 10.34 |
| 1914-01-01 | 11.62 |
| 1913-01-01 | 13.13 |
| 1912-01-01 | 13.78 |
| 1911-01-01 | 14.02 |
| 1910-01-01 | 14.52 |
| 1909-01-01 | 14.75 |
| 1908-01-01 | 11.89 |
| 1907-01-01 | 17.19 |
| 1906-01-01 | 20.10 |
| 1905-01-01 | 18.44 |
| 1904-01-01 | 15.84 |
| 1903-01-01 | 20.29 |
| 1902-01-01 | 22.30 |
| 1901-01-01 | 20.94 |
| 1900-01-01 | 18.63 |
| 1899-01-01 | 22.88 |
| 1898-01-01 | 19.21 |
| 1897-01-01 | 16.99 |
| 1896-01-01 | 16.53 |
| 1895-01-01 | 16.47 |
| 1894-01-01 | 15.70 |
| 1893-01-01 | 17.60 |
| 1892-01-01 | 18.96 |
| 1891-01-01 | 15.40 |
| 1890-01-01 | 17.18 |
| 1889-01-01 | 15.77 |
| 1888-01-01 | 15.33 |
| 1887-01-01 | 17.48 |
| 1886-01-01 | 16.67 |
| 1885-01-01 | 13.10 |
| 1884-01-01 | 14.41 |
| 1883-01-01 | 15.25 |
| 1882-01-01 | 15.66 |
| 1881-01-01 | 18.45 |