The Shiller PE ratio is a common method of valuing the stock market. It is based upon the average inflation-adjusted earnings of the S&P 500 from the previous 10 years. It is also known as the Cyclically Adjusted PE Ratio (CAPE Ratio) or PE 10.

S&P 500

Shiller PE Implied Market Return

Shiller PE By Sector

Energy

Financial Services

Industrials

Consumer Defensive

Basic Materials

Utilities

Healthcare

Consumer Cyclical

Technology

Communication Services

Real Estate