What is the CAPE ratio of a stock?

“Price earnings ratio is based on average inflation-adjusted earnings from the previous 10 years, known as the Cyclically Adjusted PE Ratio (CAPE Ratio), Shiller PE Ratio, or PE 10” The CAPE PE averages out the price to average earnings from the past ten years.

Why is the CAPE ratio important?

Why is it important? The CAPE ratio, short for cyclically-adjusted price-to-earnings ratio, is a valuation metric for stock prices and indexes. Invented by economist Robert J. Shiller, it’s also known as the Shiller P/E ratio.

What is the Cape ticker for the fund?

Then the chosen sectors are equally weighted, with stocks weighted by market-cap within each sector. This exposure is dynamic, subject to a monthly rebalance that can give investors very different economic and risk exposure month to month. Prior to February 23, 2022, the fund's ticker was CAPE.