The Shiller cyclically adjusted (for inflation) price-to-earnings ratio, referred to as the CAPE 10 because it averages the last 10 years’ earnings and adjusts them for inflation, is a metric used by many to determine whether the market is undervalued, fairly valued or overvalued. As of April 25, 2022, the CAPE 10 stood … Continue reading The Shiller CAPE 10: how to use it, not abuse it