Crestmont P/E and Market Valuation: October 2024

Published on November 9, 2024

Based on the October S&P 500 average of daily closes, the Crestmont P/E of 40.5 is 168% above its arithmetic mean, 192% above its geometric mean, and is at the 100th percentile of this 14-plus-decade series.

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P/E10 and Market Valuation: October 2024

November 9, 2024
Here is the latest update of a popular market valuation method, Price-to-Earnings (P/E) ratio, using the most recent Standard & Poor's "as reported" earnings and earnings estimates, and the index monthly average of daily closes for the past month. The latest trailing twelve months (TTM) P/E ratio is 28.2 and the latest P/E10 ratio is 36.5.

Market Valuation: Is the Market Still Overvalued?

November 9, 2024
Here is a summary of the four market valuation indicators we update on a monthly basis.The Crestmont Research P/E ratioThe cyclical P/E ratio using the trailing 10-year earnings as the divisorThe Q ratio, which is the total price of the market divided by its replacement costThe relationship of the S&P composite price to a regression trendline