Updated
Through Dec 2021

The P/E Report

(periodic updates)

The P/E Report (Annual)

There are numerous versions of the price/earnings ratio (P/E), yet there are very few of these that can appropriately be compared to the recognized long-term average of 15. The objectives of this report are to detail the current level of the P/E ratio, to answer questions frequently asked about it, and to address the status of the current stock market cycle.

The P/E Report is updated annually; see The P/E Summary for intra-year commentary and selected charts.