S&P 500 Trailing 12-Month P/E Ratio Hits Six-Year High
April 15, 2016 at 04:33 AM EDT
While the S&P 500 hasn’t quite taken out its May 2015 all-time high (it needs about 2% more of gains), the index’s trailing 12-month P/E ratio is set to make a new six-year high if market gains hold today.