Valuation - Distribution of S&P 500 P/E since 1935
On a P/E basis, the S&P 500 is not cheap. The S&P 500 P/E has been higher only about 10% of the time since 1935.
Image: Deutsche Bank Asset Allocation
On a P/E basis, the S&P 500 is not cheap. The S&P 500 P/E has been higher only about 10% of the time since 1935.
Image: Deutsche Bank Asset Allocation