Shiller CAPE (Cyclically Adjusted Price To Earnings) Ratio At 30.31, Almost Twice The Historic Average of 16.61

Are today’s Price-to-earnings ratios reasonable? Or too high?

Yale’s Nobel laureate Robert Shiller developed the cyclically-adjusted price-to-earnings (CAPE) ratio to address this question. The answer? Today’s P/E ratio is almost twice the historic average.

eScreen Shot 2019-03-28 at 10.49.44 AM.png

If you like the Shiller CAPE ratio, you can invest in the Barclay’s or Doubleline Enhanced CAPE products.


DoubleLine Shiller Enhanced CAPE seeks total return total return in excess of the Shiller Barclays CAPE US Core Sector Net ER USD Index by using a combination of derivatives, and direct invests, to earn a returns that closely tracks the performance of the index. The Fund will also invest in a portfolio of debt securities to provide additional long-term total return.

Leave a Reply

Fill in your details below or click an icon to log in: Logo

You are commenting using your account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s

This site uses Akismet to reduce spam. Learn how your comment data is processed.