Market valuation question · updated from current data

S&P 500 PE ratio today: current level and historical percentile

Use this page to read the S&P 500 valuation before comparing individual stocks. StockCalc uses LiXinger index-level S&P 500 data where available, with iShares IVV retained as a fallback proxy.

View global table Run P/E calculator

above median Fresh · 8 days old As of 2026-07-27

What is the S&P 500 P/E ratio today, and where does it sit relative to its own 10-year history?

The current S&P 500 P/E is 27.00, with its 10-year P/E percentile at 68.3%. That puts the valuation above median relative to its own recent history.

A high valuation percentile does not predict short-term market direction. It only says the market is priced above much of its own recent valuation history, so return expectations and risk tolerance deserve extra attention.

P/E

27.00

10Y percentile 68.3%

P/B

5.55

Price-to-book valuation

Dividend yield

1.0%

Portfolio or index dividend yield

Earnings yield

3.7%

Inverse of P/E

10Y PE percentile

68.3%

1Y return

15.9%

1Y drawdown

-2.6%

StockCalc coverage

113 / 497

Data freshness

Market valuation pages are snapshots. StockCalc labels data as fresh for 14 days, aging through 45 days, and stale after 45 days.

U.S. Large Cap

Valuation: Fresh · 8 days old Yield: Source date unavailable

As of 2026-07-27

How to read this valuation page

Valuation is context.
High or low P/E does not predict the next market move by itself.

Sources differ.
Index-level data and ETF portfolio proxy data are not directly interchangeable.

Use a workflow.
After broad market context, check single-stock valuation, dividend, return, and position risk.

Frequently asked questions

What is the S&P 500 PE ratio today?

The current S&P 500 P/E shown by StockCalc is 27.00, based on the latest available LiXinger .INX data with an as-of date of 2026-07-27.

Does a high S&P 500 PE ratio mean the market will fall?

No. A high P/E ratio or high valuation percentile does not predict short-term market direction. It only indicates that the market is more expensive relative to earnings than much of its own recent history.

How should investors use this valuation page?

Use it as broad market context before checking individual stocks. Combine valuation with earnings growth, interest rates, diversification, risk tolerance, and single-stock analysis.

Related valuation pages

Global Market Valuation TableContinue the valuation workflow U.S. Stock Market ValuationContinue the valuation workflow S&P 500 vs Nasdaq ValuationContinue the valuation workflow Stock P/E CalculatorContinue the valuation workflow