Warren Buffett's favorite stock market indicator isn't alone in hinting stocks are long overdue for a breather
Here's why Robert Shiller's two stock-market indexes are telling wildly different valuation stories. - MarketWatch
![Current Shiller PE Ratio: 37.15 (Cyclically Adjusted PE Ratio, based on average inflation-adjusted earnings from the previous 10 years). Expected annual returns are low : r/brkb Current Shiller PE Ratio: 37.15 (Cyclically Adjusted PE Ratio, based on average inflation-adjusted earnings from the previous 10 years). Expected annual returns are low : r/brkb](https://i.redd.it/biwqi4k1ngu61.jpg)
Current Shiller PE Ratio: 37.15 (Cyclically Adjusted PE Ratio, based on average inflation-adjusted earnings from the previous 10 years). Expected annual returns are low : r/brkb
![How accurate is the Shiller PE as a forecasting tool? What backtested returns does the current PE forecast? | Greenbackd How accurate is the Shiller PE as a forecasting tool? What backtested returns does the current PE forecast? | Greenbackd](https://greenbackd.files.wordpress.com/2013/03/asness-shiller-pes.jpg?w=640)