\\\ look at common valuation measures for the S&P 500 — including forward P/E, CAPE, price/book and price/cash flow. You might be surprised to learn that all four of these metrics are below their 25-year averages. In fact, the only key metric that’s above its 25-year average is dividend yield — with the S&P currently offering 2.5% in dividends vs. an average of 2.1%.
http://www.marketwatch.com/story/you-can-stop-panicking-about-the-stock-market-now-2015-10-08May it be so.
