PE of S&P

["Gray, Gabriel" <Gabriel.Gray@xxxxxxxxxxxxxxxxx>]

Hi All,

There is always a lot of talk about what the historic average PE of the
S&P is. I just downloaded the data of Bloomberg and the average from
4/4/1986 to 3/22/2004 was 23.10973  (median 22.245) with a standard
deviation of 8.272614. That was a lot higher than I was lead to believe
in the news, but they may have included earlier years. Just an FYI in
case anyone was interested.

Gabriel