J.C. Penney Now Has the Lowest CAPE in S&P 500

The Cape Ratio Weekly is a newsletter devoted to the CAPE Ratio. The latest issue dated October 7 provides an immensely useful table giving company-wise lowest CAPE ratio values for S&P 500 (INDEXSP:.INX).

Another useful table provides CAPE by sector:

For value investors, this is excellent information because the CAPE Ratio provides a more dependable (and longer-term) picture of a company’s earnings growth.

Does Warren Buffett use the CAPE Ratio? Read our previous article here.

CAPE ratio changes in equities

This week’s changes are significant because J.C. Penney Company, Inc....