Does anyone know where to find the current (trailing twelve months) P/E for the S&P 500, as well as the P/E based on the next 12 month's expected earnings?
Thanks ElCubano, but unfortuneately I can't get hold of one of those - they don't publish them where I live. Any other ideas people?
www.investors.com This is IBD website...you can get a free online subscription for a while...they may have your numbers in there.....
If you go to www.IShares.com you can get the P/E's for their ETFs which are supposed represent the indexes. It's probablly as close as you need considering that the number is irrelavant anyway.
I went to the multex investor stock screener, put in S&P 500 membership as the only criteria, and the market-cap weighted average P/E of those stocks was 20.396 (as of Oct. 9).
As of Oct 4, median is 15.4 for S&P500 companies with earnings, same as market low on 9/21/01. Don't have a Russell 2000 handy, do have 16.4 on a broad market P/E.