3 ms·
The Schiller P/E has historically been pretty useful, but it's not a great tool for comparing pre 2001 and post 2001 market valuations because of changes in GAA
by the_gastropod 10y ago
The Schiller P/E has historically been pretty useful, but it's not a great tool for comparing pre 2001 and post 2001 market valuations because of changes in GAAP. Check out http://www.philosophicaleconomics.com/2013/12/shiller/ http://www.philosophicaleconomics.com/2013/12/shiller/ for a more in depth explanation.
- carsongross 10y agoThanks for the link, interesting read.
- itamarst 10y agoThere's also q, which has same result as Shiller P/E 10 but is calculated very differently: http://smithers.co.uk/page.php?id=34 http://smithers.co.uk/page.php?id=34