From Jill Mislinski: Here is the latest update of a popular market valuation method using the most recent Standard & Poor’s “as reported” earnings and earnings estimates and the index monthly average of daily closes for the past month.
For the earnings, see the table below created from Standard & Poor’s latest earnings spreadsheet.
- TTM P/E ratio = 23.1
- P/E10 ratio = 30.0
The Valuation Thesis