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2026-11-08

S&P 500 Forward P/E Falls Below 18 to 17.8x, Under Its 5- and 10-Year Averages

S&P 500 Forward P/E Falls Below 18 to 17.8x, Under Its 5- and 10-Year Averages

Key points

S&P 500 forward P/E ratio, 2025-2026 | Now 17.8x, below the 5-year average of 19.8x and the 10-year average of 19.2x

Image source: @MikeZaccardi