Average Median Forward P/E Ratio for US, UK and Eurozone Stocks vs. S&P 500 Could the S&P 500’s run slow down, as valuations in the U.S. and Europe are lofty? Image: Longview Economics
Real Rates vs. S&P 500 Forward P/E Ratio Should investors expect a decline in the S&P 500 forward P/E ratio? Image: Nordea and Macrobond
Valuation – S&P 500 NTM P/E Ratio (Aggregate Index and Median Stock) The median S&P 500 stock carries a higher P/E ratio than in 2020. Image: Goldman Sachs Global Investment Research
Valuation – S&P 500 P/E Ratio and U.S. 10-Year Bond Yields If yields continue to rise, the price of the stock market is expected to fall. Image: Richardson Wealth
Forward 12-Month P/E Ratio for S&P 500 The P/E ratio for S&P 500 is expected to fall this year. Image: Morgan Stanley Research
Valuation – S&P 500 Next-Twelve-Month P/E Ratio The NTM P/E ratio of the S&P 500 remains at high level and above its historical range. Image: Goldman Sachs Global Investment Research
Valuation – Cyclical Adjusted P/E Ratio – MSCI U.S. vs. MSCI World Ex-U.S. Are global equities ex-U.S. a bargain? Image: Gavekal, Macrobond
Valuation – MSCI U.S. P/E Ratio U.S. equity valuations are at high levels, suggesting future returns could be lower than historical averages. Image: Gavekal, Macrobond
Forward P/E Ratio and Subsequent 5-Year Annualized Returns Should investors expect anemic S&P 500 returns over the next 5 years? Image: J.P. Morgan Asset Management
Valuation – S&P 500 FY2 P/E Ratio – Aggregate Index, Median Stock, and Market Cap-Weighted Average P/E Since 1980 The S&P500 aggregate P/E ratio is now in the 99th percentile. Image: Goldman Sachs Global Investment Research