The new CAPE/Shiller PE Ratio Indicator is now available on TradingView! 📊

Hi there,

I’m excited to announce the release of a new indicator that I think will be valuable to long-term investors like you—introducing the CAPE/Shiller PE Ratio Indicator on TradingView!

What is the CAPE Ratio?

The CAPE (Cyclically Adjusted Price-to-Earnings) ratio, also known as the Shiller PE ratio, is a powerful tool for assessing whether a stock or the broader market is overvalued or undervalued. Unlike the standard P/E ratio, the CAPE smooths earnings over ten years, adjusting for inflation. This makes it great for cutting through short-term market noise and giving a clearer view of long-term market valuation.

Why Should You Care?

• Long-Term Focus: The CAPE ratio helps you understand if a market or stock is overvalued or undervalued from a long-term perspective.

• Inflation-Adjusted: It adjusts for inflation, more accurately comparing valuations over time.

• Investment Insights: Use it to make informed decisions about when markets might be overheated or when opportunities might arise.

Try It Out!

You can check out the new CAPE/Shiller PE Ratio Indicator directly on TradingView by following this link: https://www.tradingview.com/script/qGFktcVm-CAPE-Shiller-PE-Ratio/

As always, I’d love to hear your feedback and how this indicator helps you make trading and investing decisions!

Happy Trading!

Best regards,
QuantNomad