S&P 500 CAPE ratio
The current Shiller CAPE Ratio for S&P 500 Index is 38.265 (2026-01-09), with an average CAPE of 27.885. The lowest CAPE Ratio was 11.941 on 2009-03-09, and the highest was 44.856 on 2000-03-24.
The CAPE ratio for the S&P 500 is a widely followed measure of U.S. stock market valuation. It compares the index’s current price to the average inflation-adjusted earnings of its constituent companies over the past 10 years. By smoothing out short-term fluctuations, the CAPE ratio offers a more stable view of long-term market trends. A high CAPE ratio indicates that the market may be overvalued, suggesting lower future returns, while a low CAPE ratio signals potential undervaluation and higher long-term returns. Historically, the S&P 500’s CAPE has been used to predict market performance over decades.
CAPE Statistics for S&P 500 (1998-07-01 to 2026-01-09)
- Current CAPE: 38.265 (0.65%)
- Min: 11.941 (2009-03-09)
- Max: 44.856 (2000-03-24)
- Mean: 27.885
- Median: 26.611
CAPE vs Forward Returns — S&P 500
S&P 500 Metrics (2016-01-11 → 2026-01-09)
- Current Value: 6966.28 (0.65%)
- YTD Return: 1.57%
- Annualized Volatility YTD: 8.17%
- Average Annual Return: 13.42%
- CAGR: 13.73%
10-Year Performance for S&P 500 Index
Cumulative Return
Annual Returns
Quarterly Returns
Rolling Volatility (6M)
Return Distribution & Tail Risk (VaR 95/99)
VaR 95%: %
VaR 99%: %