Schiller Cyclically Adjusted PE Ratio (CAPE) – Real or Misleading?
May 27, 2017QUESTION: Hi Martin, Long time… perhaps you can reflect on the indicator of the Shiller CAPE ratio? Not that it is a predictive sell/buy signal in itself, but it is an indicator showing history R ANSWER: The Shiller Cyclically Adjusted PE Ratio known as CAPE, is a particular PE ratio invented by Robert Shiller of […]