Stocks 16th Dec '19 Distribution of S&P P/E Interesting chart showing distribution of S&P 500 P/E since 1935. The distribution is % of days S&P P/E spends in a particular range. Around 90% of the time the S&P has been cheaper. Click to share on Twitter (Opens in new window)Click to email a link to a friend (Opens in new window)Click to share on LinkedIn (Opens in new window)