Real S&P 500 P/E, P, E - Monthly

Chart Description

This chart shows the price (P), earnings (E), and price-to-earnings ratio (P/E) for the real (inflation adjusted) S&P 500 index. These three components are available individually in these charts: Real S&P 500 - Monthly (P) , Real S&P 500 Earnings - Monthly AR , and Real S&P 500 P/E - Monthly. The primary purpose of this chart is to show that rapid changes in earnings cause the price-to-earnings ratio to behave erratically.

Relevant Links

mccormick-charts.com: Real S&P 500 - Monthly, Real S&P 500 Earnings - Monthly AR, Real S&P 500 P/E - Monthly

Wikipedia: price-earnings ratio

Spreadsheet

S&P500-Valuation