P/E Ratio

S&P 500

The 22x Milestone: S&P 500 Valuations Eye Dot-Com Peaks as Tech Titans Defy Gravity

The equity markets have entered uncharted territory as of January 22, 2026, with the S&P 500 reaching a forward price-to-earnings (P/E) ratio of 22x. This valuation level, a rare air historically, places the broad market index in a position it has not occupied since the height of

S&P 500

S&P 500's 22x Forward P/E: A Precarious Peak or Justified Premium?

The S&P 500's current forward price-to-earnings (P/E) ratio, hovering around 22x, has ignited a fervent debate across financial markets. This elevated valuation metric, significantly above historical averages, is prompting investors and analysts to question whether the market is perched precariously on a speculative bubble or