Subject: Re: CAPE and BRK
My estimate. There are 11 valuation bins, and the 12 breakpoints (using standard CAPE since 1995) are:

  date   CAPE   pctRank
1999.12 44.20 100%
1999.09 41.32 95%
2022.04 33.89 85%
2023.07 30.89 75%
2022.07 29.00 65%
2006.12 27.28 56%
2006.03 26.33 46%
2014.08 25.62 36%
1995.09 23.95 26%
2011.06 22.10 16%
1995.01 20.22 6%
2009.03 13.32 0%

2023.09 30.81 75%


We are now about at the 75% rank, close to the breakpoint between the 3rd and 4th most expensive bins (out of 11 bins total).

using data from http://www.econ.yale.edu/~shil...

Current Shiller PE Ratio: 30.94 on Dec 5 from https://www.multpl.com/shiller...