Cyclically adjusted price-to-earnings (CAPE) ratio, also known as the Shiller PE ratio, is a valuation metric used by ...

The Shiller PE ratio, or the cyclically-adjusted price-earnings ratio, may be the most respected measure of stock market value. In short, the Shiller PE is the price of the stock market divided by ...

A company was formed, and Standard & Poor’s eventually took over the Case-Shiller Index. Below is a graph of the Case-Shiller indexes. Periods of sustained gains are typically followed by declines.

so it is sometimes referred to as the Shiller PE ratio. Whereas traditional price-to-earnings (PE) ratios are based on earnings from the trailing 12 months, CAPE ratios are calculated using the ...