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Shiller P/E Hits Dot-Com Bubble Levels: Warning Or Noise?

By Seeking Alpha May 13, 2026 Bearish
Shiller P/E Hits Dot-Com Bubble Levels: Warning Or Noise?
The S&P 500's Shiller P/E (CAPE) ratio is near dot-com era highs, signaling potential overvaluation. While CAPE's predictive power is debated, current forward P/E of 21x also suggests elevated growth expectations and valuation risk.
The S&P 500's Shiller P/E (CAPE) ratio is near dot-com era highs, signaling potential overvaluation. While CAPE's predictive power is debated, current forward P/E of 21x also suggests elevated growth expectations and valuation risk.