See what the S&P 500 costs now versus its own ten-year history: one median trailing multiple per week, computed from constituents' SEC filings.
How to read this chart (guide)
S&P 500 median P/E · 10-year range
of its 10-year range of weekly readings
NowThe latest weekly value. Trailing multiples use the last four reported quarters, not forecasts.
23.6×
10y medianThe middle weekly value of the full history: half the weeks were above this level, half below.
24.2×
Middle halfThe 25th to 75th percentile of all weeks. Half of history sits inside this band; it is the shaded area on the chart.
22.8×–25.5×
Full range
16.2×–31.4×
Median P/E counts constituents with positive trailing earnings. Median P/S covers nearly every constituent, including loss-makers.
Changes how much history the chart shows (MAX starts in 2016). The percentile, median, and shaded band always use the full history.
Latest week: median of 404 constituents' trailing multiples (474 tracked), computed weekly from SEC filings.
Source: SEC EDGAR filings + weekly closesUpdated Sep 15, 2026
| Week | median P/E | Constituents |
|---|---|---|
| 2016-08-08 | 23.2× | 363 |
| 2017-01-02 | 22.7× | 362 |
| 2018-01-01 | 26.2× | 379 |
| 2019-01-07 | 20.4× | 374 |
| 2020-01-06 | 25.0× | 382 |
| 2021-01-04 | 29.5× | 349 |
| 2022-01-03 | 27.4× | 387 |
| 2023-01-02 | 22.1× | 395 |
| 2024-01-01 | 24.8× | 398 |
| 2025-01-06 | 24.7× | 403 |
| 2026-01-05 | 25.5× | 409 |
| 2026-09-14 | 23.6× | 404 |