Crestmont P/E And Market Valuation: July 2026

Based on July's S&P 500 average of daily closes, the Crestmont P/E of 43.8 is 184% above its arithmetic mean, 212% above its geometric mean, and is in the 100th percentile of this 14-plus-decade series. The Crestmont P/E Ratio reached its all-time high of 44.4 in December 2025, suggesting that the market price was 189% above the historic average. The all-time low in May 1942 was 5.4, which is approximately 64% below the historic averages.