Interesting comparison between normal PE (18.8) and Shiller PE (30.15). http://www.marketwatch.com/story/da...re-near-an-overheated-stock-market-2017-08-15 I think at the moment the normal PE is a better representation of conditions, since Shiller's PE looks at avg earnings of the past 10 years... that includes GFC, which obviously was a major hit on earnings, so Shiller's should actually get better in the next few years. EDIT. Thread title is a bit misleading. Maybe it doesn't exactly say buy, but it's not overheated.