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38.2x
Cyclically adjusted price/earnings ratio sourced from a curated local series.
Valuation
Expensive markets do not set the date, but they do shape the risk budget.
Valuation data is deliberately slow-moving here. The goal is to frame the backdrop, not to pretend CAPE can time a turn.
valuation
Shiller CAPE
Change Windows
1m+0.90
3m+1.30
1y+0.80
Freshness
CURATED:SHILLER_CAPEokFeb 28, 2026
Shiller CAPE history
2022-01-31 to 2026-02-28
Thresholds
normalValuations are within a historically normal range.0 pts
elevatedValuations are elevated.5 pts
expensiveValuations are expensive.10 pts
extremeValuations are extreme.15 pts
bubble_riskValuations are in the highest risk band.20 pts
Methodology
Uses a curated local CAPE series with explicit provenance.
shiller_cape = curated_cape_ratio
CAPE is slow moving and should not be used as a market-timing tool.
The current implementation uses a curated local input rather than a brittle external scraper.