S&P 500 P/E ratio

Price relative to trailing twelve-month as-reported earnings. Multpl estimates the current ratio from the latest reported earnings and current market price.

Latest stored source observation

26.34×

As of 2026-10-02 · Source estimate (†). Dataset last changed 2026-10-03 (UTC). Not a live quote.

S&P 500 P/E ratio

2016-11-01–2026-10-02 · 120 dated observations. Hover or touch the chart to inspect values.

Accessible data table for this range

S&P 500 P/E ratio source observations, most recent first
Date	Value (ratio)	Source estimate
2026-10-02	26.34×	Yes (†)
2026-09-01	26.04×	Yes (†)
2026-08-01	26.11×	Yes (†)
2026-07-01	25.33×	Yes (†)
2026-06-01	25.22×	—
2026-05-01	26.09×	—
2026-04-01	25.49×	—
2026-03-01	25.43×	—
2026-02-01	27.07×	—
2026-01-01	27.98×	—
2025-12-01	28.48×	—
2025-11-01	28.22×	—
2025-10-01	28.42×	—
2025-09-01	28.13×	—
2025-08-01	27.84×	—
2025-07-01	27.81×	—
2025-06-01	27.10×	—
2025-05-01	26.34×	—
2025-04-01	24.56×	—
2025-03-01	26.23×	—
2025-02-01	28.15×	—
2025-01-01	28.16×	—
2024-12-01	28.60×	—
2024-11-01	28.66×	—
2024-10-01	28.45×	—
2024-09-01	28.09×	—
2024-08-01	27.67×	—
2024-07-01	28.08×	—
2024-06-01	27.64×	—
2024-05-01	26.93×	—
2024-04-01	26.41×	—
2024-03-01	27.02×	—
2024-02-01	26.14×	—
2024-01-01	25.01×	—
2023-12-01	24.35×	—
2023-11-01	23.51×	—
2023-10-01	22.78×	—
2023-09-01	23.93×	—
2023-08-01	24.16×	—
2023-07-01	24.76×	—
2023-06-01	24.01×	—
2023-05-01	23.15×	—
2023-04-01	23.27×	—
2023-03-01	22.66×	—
2023-02-01	23.40×	—
2023-01-01	22.82×	—
2022-12-01	22.65×	—
2022-11-01	22.07×	—
2022-10-01	20.44×	—
2022-09-01	20.58×	—
2022-08-01	22.03×	—
2022-07-01	20.53×	—
2022-06-01	20.28×	—
2022-05-01	20.81×	—
2022-04-01	22.40×	—
2022-03-01	22.19×	—
2022-02-01	22.42×	—
2022-01-01	23.11×	—
2021-12-01	23.63×	—
2021-11-01	24.52×	—
2021-10-01	24.39×	—
2021-09-01	25.35×	—
2021-08-01	26.23×	—
2021-07-01	26.56×	—
2021-06-01	26.70×	—
2021-05-01	28.05×	—
2021-04-01	29.92×	—
2021-03-01	30.50×	—
2021-02-01	33.24×	—
2021-01-01	35.96×	—
2020-12-01	39.26×	—
2020-11-01	37.16×	—
2020-10-01	35.30×	—
2020-09-01	34.27×	—
2020-08-01	34.41×	—
2020-07-01	32.44×	—
2020-06-01	31.29×	—
2020-05-01	27.82×	—
2020-04-01	24.97×	—
2020-03-01	22.80×	—
2020-02-01	26.42×	—
2020-01-01	24.88×	—
2019-12-01	22.78×	—
2019-11-01	22.62×	—
2019-10-01	22.04×	—
2019-09-01	22.44×	—
2019-08-01	21.67×	—
2019-07-01	22.28×	—
2019-06-01	21.37×	—
2019-05-01	21.15×	—
2019-04-01	21.56×	—
2019-03-01	20.86×	—
2019-02-01	20.60×	—
2019-01-01	19.60×	—
2018-12-01	19.39×	—
2018-11-01	20.67×	—
2018-10-01	21.25×	—
2018-09-01	22.25×	—
2018-08-01	22.37×	—
2018-07-01	22.33×	—
2018-06-01	22.49×	—
2018-05-01	22.49×	—
2018-04-01	22.53×	—
2018-03-01	23.41×	—
2018-02-01	23.82×	—
2018-01-01	24.97×	—
2017-12-01	24.25×	—
2017-11-01	23.81×	—
2017-10-01	23.67×	—
2017-09-01	23.28×	—
2017-08-01	23.16×	—
2017-07-01	23.36×	—
2017-06-01	23.40×	—
2017-05-01	23.31×	—
2017-04-01	23.24×	—
2017-03-01	23.60×	—
2017-02-01	23.68×	—
2017-01-01	23.59×	—
2016-12-01	23.76×	—
2016-11-01	23.35×	—

Full-history observation statistics

Mean: 16.24×
Median: 15.08×
Minimum: 5.31× (1917-12-01)
Maximum: 123.73× (2009-05-01)

Calculated from 1,870 stored observations, equally weighted, including the current point. They may differ from Multpl’s summary statistics. Historical data may predate the modern S&P 500 index.

Source & methodology

Multpl; historical series credited to Robert Shiller. Current P/E is an estimate, not a real-time earnings report.

Read the source chart and definition or original monthly table.

Updates are checked on weekdays. A failed or malformed source keeps the previous dataset and its dates. Monthly history is replaced together so revisions and inflation rebasing remain internally consistent. No values are invented for missing dates.