I keep reading about the reliability of CAPE as a predictor of future performance. But haven't the mojo or time to do the math! I think this would be a major additional facility if nice Stockopedia could do it for us as a stat. If not, does anyone know where I can get it.
Is this what you’re after? If it is, it’s available as a search variable under the Screen function.
Gus.
————————
What is the definition of CAPE (Graham & Dodd P/E)?
The Price to Earnings Ratio (also called the PE ratio) is the primary valuation ratio used by most equity investors. It is a measure of the price paid for a share relative to the annual net income or profit earned by the firm per share.
The Graham & Dodds price-to-earnings ratio, commonly known as CAPE or Shiller P/E, is a valuation measure usually applied to stocks or equity markets. It is defined as price divided by the average of ten years of earnings.
Stockopedia explains CAPE (Graham & Dodd P/E)...
Value investors Benjamin Graham and David Dodd argued for smoothing a firm's earnings over the past five to ten years in their classic text Security Analysis. Graham and Dodd noted one-year earnings were too volatile to offer a good idea of a firm's true earning power.
Decades later, Yale economist Robert Shiller popularized the 10-year version of Graham and Dodd's P/E as a way to value the stock market. Robert Shiller maintains a time-series of US CAPE here.
