OPEN-SOURCE SCRIPT
Shiller PE Ratio (CAPE Ratio) [WhaleCrew]
Our Implementation of the famous Shiller PE Ratio (aka Cyclically Adjusted Price-to-Earnings Ratio) a long-term valuation indicator for the S&P 500.
Calculation: Share price divided by 10 - year average, inflation - adjusted earnings
The indicator works on the M and 12M timeframe and has a built-in moving average that supports an upper and lower bollinger band.
Calculation: Share price divided by 10 - year average, inflation - adjusted earnings
The indicator works on the M and 12M timeframe and has a built-in moving average that supports an upper and lower bollinger band.
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