Shiller CAPE · 10-Year P/E MultipleEXPENSIVE

Are stock valuations stretched?

Valuations are stretched well into expensive territory.
And multiples are expanding.
MEDIAN ~20x
30.8x

30.8x CAPE — 10.8 pts above the 20x historical median.

Higher than 95% of all readings since 1881.

FRED / Shiller · as of Oct 2026 · computed
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