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S&P 500 Trailing 12-Month P/E Ratio Hits Six-Year High
FYI: While the S&P 500 hasn’t quite taken out its May 2015 all-time high (it needs about 2% more of gains), the index’s trailing 12-month P/E ratio is set to make a new six-year high if market gains hold today. Below is a chart showing this valuation metric over the last five years. Regards, Ted https://www.bespokepremium.com/think-big-blog/sp-500-trailing-12-month-pe-ratio-hits-six-year-high/
