Subject: Re: Control Panel: Valuations. Temporary?
There was a major accounting change around 1991, and so I double the Shiller CAPE values before 1991 when doing historical comparisons. With that adjustment, the recent CAPE value is within the historical range, but is high.
adjCAPE on Date
63 on July 1929
48 on Oct 1965
44 on Nov 1999
40 on Apr 2026