Chart of the DayVertical LineChart of the Day Plus
Horizontal Line
Don't forget to +1 and Like Chart of the Day     >>>
Chart of the Day
With fourth-quarter earnings largely in the books, today's chart provides some perspective on how the current earnings environment relates to the stock market, today's chart illustrates the price to earnings ratio (PE ratio) from 1900 to present. Generally speaking, when the PE ratio is high, stocks are considered to be expensive. When the PE ratio is low, stocks are considered to be inexpensive. From 1900 into the mid-1990s, the PE ratio tended to peak in the low to mid-20s (red line) and trough somewhere around seven (green line). Notice how most PE ratio peaks that occurred well above the upper threshold (red line) were a result of a massive bear market / recession. The only real exception to this was the dot-com boom which resulted in a PE ratio peak well above 30 in 1999 (even then, the PE ratio did not stay above 25 for long). Viewed in this way, the current PE ratio (25.0) is noteworthy and suggests that the stock market as a whole is by no means cheap.

Notes:
Where should you invest? The answer may surprise you. Find out right now with the exclusive & Barron's recommended charts of Chart of the Day Plus.

Chart of the Day
Horizontal Line
Rate today's Chart of the Day
Excellent    5    4    3    2    1    No good
By voting every day you help us get you the charts you want to see.
Horizontal Line

Quote of the Day
"First we will be best, and then we will be first." - Grant Tinker

Events of the Day
April 01, 2017 - April Fool's Day
April 02, 2017 - NCAA women's basketball championship
April 03, 2017 - NCAA men's basketball championship
April 05, 2017 - Masters golf tournament begins (ends April 10th)
April 10, 2017 - Pulitzer Prizes announced


Stocks of the Day
-- Find out which stocks investors are focused on with the most active stocks today.
-- Which stocks are making big money? Find out with the biggest stock gainers today.
-- Interested in a dead cat bounce opportunity? Try biggest stock losers today.
-- What are the largest companies? Find out with the largest companies by market cap.
-- Which stocks are the biggest dividend payers? Find out with the highest dividend paying stocks.
-- Interested in blue chip dividends? Check out the 10 highest dividend paying Dow stocks today.
-- Want more big name dividend payers? Try the 10 highest dividend paying large-cap stocks today.
-- There are many more screens and charts which you can get at quickly at Dogs of the Dow.


ETFs of the Day
-- Find out which ETFs investors are focused on with the most active ETFs today.
-- Which ETFs are making big money? Find out with the best performing ETFs today.
-- Which sectors are outperforming? Find out with the best performing sector ETFs today.


Mailing List Info
Chart of the Day is FREE to anyone who subscribes.
To ensure email delivery of Chart of the Day, add mailinglist@chartoftheday.com to your whitelist.

-- To subscribe, enter your email address
-- To unsubscribe, simply fill in our unsubscribe form.
-- To change your email address, first subscribe with your new email address and then unsubscribe your old email address (as described above).

Journalists and bloggers may post the above free Chart of the Day on their website as long as the chart is unedited and full credit is given with a live, do follow, text link to the Chart of the Day homepage using the following HTML...

If your site provides a list of helpful links, we would appreciate it if you added a link for Chart of the Day at http://www.chartoftheday.com. However, Chart of the Day Plus charts are to be viewed by paying Chart of the Day Plus subscribers only and may not be republished.

Chart of the Day is provided to subscribers without warranty of any kind and accepts no responsibility for its accuracy or for any consequences of its use.
FAQ | Privacy | Tell a Friend | Sample | Chart of the Day Plus
©1999-2017 Chart of the Day - All rights reserved