IRA / 401(k)
2026 Precious Metals
IRA Guide
Preserve Gold is your dependable guide through the precious metals investing process. Get Started
Preserve Gold is your dependable guide through the precious metals investing process. Get Started
The Shiller CAPE (Cyclically Adjusted Price-to-Earnings) ratio is a way to judge whether the stock market looks expensive or cheap based on its long-term earnings power. It takes today's index level (often the S&P 500) and divides it by the average of the last 10 years of company earnings after adjusting those earnings for inflation, which smooths out recessions, booms, and one-off shocks so you get a more stable picture of valuation over a full cycle.
Developed and popularized by Yale economist and Nobel laureate Robert Shiller, the ratio is designed to provide a more stable view of valuation than a standard trailing P/E that only looks at the last 12 months. Investors use the Shiller CAPE as a long-term "thermometer" for market valuation and risk, not as a short-term trading signal. When the ratio sits far above its historical norm, it suggests prices are rich and future long-run returns may be lower and more volatile; when it is well below average, it suggests prices are relatively cheap and long-run returns may be higher as valuations normalize over time.
The information reflected in the calculator above is based on information provided by multpl.com. Preserve Gold does not guarantee that any current or historical information provided by multpl.com, or any other third party sources, is accurate. multpl.com and associated marks are the property of multpl.com. multpl.com is not affiliated with Preserve Gold.
The statements made on this Website are opinions only. The information provided on this Website, including in this calculator, is general in nature and not tailored to the specific goals of any individual. Past results are no guarantee of future performance or returns. Precious metals, like all investments, carry risk. Precious metals and coins may appreciate, depreciate, or stay the same depending on a variety of factors. Preserve Gold cannot guarantee, and makes no representation, that any metals purchased will appreciate at all or appreciate sufficiently to make customers a profit. Preserve Gold does not provide financial advice or retirement planning services. The decision to purchase or sell precious metals, and which precious metals to purchase or sell, are the customer's decision alone, and purchases and sales should be made subject to the customer's own research, prudence and judgment. Additionally, Preserve Gold cannot provide tax or legal advice and will not advise as to the tax or legal consequences of buying precious metals or opening a precious metals IRA. Individuals should consult with their legal, investment, or tax professionals for such services.
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