| Stock Market Data Used in "Irrational Exuberance" Princeton University Press, 2000, 2005, updated | |||||||||||
| Robert J. Shiller | |||||||||||
| Consumer | Price | ||||||||||
| S&P | Price | Long | Earnings | ||||||||
| Comp. | Dividend | Earnings | Index | Date | Interest | Real | Real | Real | Ratio | ||
| Date | P | D | E | CPI | Fraction | Rate | Price | Dividend | Earnings | P/E10 | |
| 1871.01 | 4.44 | 0.26 | 0.40 | 12.46 | 1871.04 | 5.32 | 75.02 | 4.39 | 6.76 | NA | |
| 1871.02 | 4.50 | 0.26 | 0.40 | 12.84 | 1871.13 | 5.32 | 73.78 | 4.26 | 6.56 | NA | |
| 1871.03 | 4.61 | 0.26 | 0.40 | 13.03 | 1871.21 | 5.33 | 74.48 | 4.20 | 6.46 | NA | |
| 1871.04 | 4.74 | 0.26 | 0.40 | 12.56 | 1871.29 | 5.33 | 79.48 | 4.36 | 6.71 | NA | |
| 1871.05 | 4.86 | 0.26 | 0.40 | 12.27 | 1871.38 | 5.33 | 83.39 | 4.46 | 6.86 | NA | |
| 1871.06 | 4.82 | 0.26 | 0.40 | 12.08 | 1871.46 | 5.34 | 84.01 | 4.53 | 6.97 | NA | |
| 1871.07 | 4.73 | 0.26 | 0.40 | 12.08 | 1871.54 | 5.34 | 82.44 | 4.53 | 6.97 | NA | |
| 1871.08 | 4.79 | 0.26 | 0.40 | 11.89 | 1871.63 | 5.34 | 84.82 | 4.60 | 7.08 | NA | |
| 1871.09 | 4.84 | 0.26 | 0.40 | 12.18 | 1871.71 | 5.35 | 83.70 | 4.50 | 6.92 | NA | |
| 1871.1 | 4.59 | 0.26 | 0.40 | 12.37 | 1871.79 | 5.35 | 78.15 | 4.43 | 6.81 | NA | |
| 1871.11 | 4.64 | 0.26 | 0.40 | 12.37 | 1871.88 | 5.35 | 79.00 | 4.43 | 6.81 | NA | |
| 1871.12 | 4.74 | 0.26 | 0.40 | 12.65 | 1871.96 | 5.36 | 78.89 | 4.33 | 6.66 | NA | |
| 1872.01 | 4.86 | 0.26 | 0.40 | 12.65 | 1872.04 | 5.36 | 80.88 | 4.38 | 6.70 | NA | |
| 1872.02 | 4.88 | 0.27 | 0.41 | 12.65 | 1872.13 | 5.38 | 81.22 | 4.44 | 6.74 | NA | |
| 1872.03 | 5.04 | 0.27 | 0.41 | 12.84 | 1872.21 | 5.40 | 82.64 | 4.43 | 6.68 | NA | |
| 1872.04 | 5.18 | 0.27 | 0.41 | 13.13 | 1872.29 | 5.42 | 83.08 | 4.38 | 6.58 | NA | |
| 1872.05 | 5.18 | 0.28 | 0.41 | 13.13 | 1872.38 | 5.43 | 83.08 | 4.44 | 6.62 | NA | |
| 1872.06 | 5.13 | 0.28 | 0.42 | 13.03 | 1872.46 | 5.45 | 82.88 | 4.52 | 6.70 | NA | |
| 1872.07 | 5.10 | 0.28 | 0.42 | 12.84 | 1872.54 | 5.47 | 83.62 | 4.64 | 6.85 | NA | |
| 1872.08 | 5.04 | 0.29 | 0.42 | 12.94 | 1872.63 | 5.49 | 82.03 | 4.67 | 6.84 | NA | |
| 1872.09 | 4.95 | 0.29 | 0.42 | 13.03 | 1872.71 | 5.51 | 79.97 | 4.69 | 6.83 | NA | |
| 1872.1 | 4.97 | 0.29 | 0.43 | 12.75 | 1872.79 | 5.53 | 82.10 | 4.84 | 7.02 | NA | |
| 1872.11 | 4.95 | 0.30 | 0.43 | 13.13 | 1872.88 | 5.54 | 79.40 | 4.76 | 6.86 | NA | |
| 1872.12 | 5.07 | 0.30 | 0.43 | 12.94 | 1872.96 | 5.56 | 82.52 | 4.88 | 7.00 | NA | |
| 1873.01 | 5.11 | 0.30 | 0.43 | 12.94 | 1873.04 | 5.58 | 83.17 | 4.92 | 7.04 | NA | |
| 1873.02 | 5.15 | 0.31 | 0.44 | 13.23 | 1873.13 | 5.57 | 82.01 | 4.86 | 6.93 | NA | |
| 1873.03 | 5.11 | 0.31 | 0.44 | 13.23 | 1873.21 | 5.56 | 81.37 | 4.90 | 6.97 | NA | |
| 1873.04 | 5.04 | 0.31 | 0.44 | 13.23 | 1873.29 | 5.55 | 80.26 | 4.94 | 7.01 | NA | |
| 1873.05 | 5.05 | 0.31 | 0.44 | 12.94 | 1873.38 | 5.54 | 82.19 | 5.09 | 7.20 | NA | |
| 1873.06 | 4.98 | 0.32 | 0.45 | 12.56 | 1873.46 | 5.53 | 83.51 | 5.28 | 7.46 | NA | |
| 1873.07 | 4.97 | 0.32 | 0.45 | 12.56 | 1873.54 | 5.53 | 83.34 | 5.32 | 7.50 | NA | |
| 1873.08 | 4.97 | 0.32 | 0.45 | 12.56 | 1873.63 | 5.52 | 83.34 | 5.37 | 7.55 | NA | |
| 1873.09 | 4.59 | 0.32 | 0.45 | 12.56 | 1873.71 | 5.51 | 76.97 | 5.41 | 7.59 | NA | |
| 1873.1 | 4.19 | 0.33 | 0.46 | 12.27 | 1873.79 | 5.50 | 71.89 | 5.58 | 7.81 | NA | |
| 1873.11 | 4.04 | 0.33 | 0.46 | 11.89 | 1873.88 | 5.49 | 71.54 | 5.80 | 8.10 | NA | |
| 1873.12 | 4.42 | 0.33 | 0.46 | 12.18 | 1873.96 | 5.48 | 76.43 | 5.71 | 7.95 | NA | |
| 1874.01 | 4.66 | 0.33 | 0.46 | 12.37 | 1874.04 | 5.47 | 79.34 | 5.62 | 7.83 | NA | |
| 1874.02 | 4.80 | 0.33 | 0.46 | 12.37 | 1874.13 | 5.44 | 81.73 | 5.62 | 7.83 | NA | |
| 1874.03 | 4.73 | 0.33 | 0.46 | 12.37 | 1874.21 | 5.40 | 80.54 | 5.62 | 7.83 | NA | |
| 1874.04 | 4.60 | 0.33 | 0.46 | 12.18 | 1874.29 | 5.37 | 79.55 | 5.71 | 7.95 | NA | |
| 1874.05 | 4.48 | 0.33 | 0.46 | 12.08 | 1874.38 | 5.34 | 78.08 | 5.75 | 8.02 | NA | |
| 1874.06 | 4.46 | 0.33 | 0.46 | 11.80 | 1874.46 | 5.30 | 79.61 | 5.89 | 8.21 | NA | |
| 1874.07 | 4.46 | 0.33 | 0.46 | 11.89 | 1874.54 | 5.27 | 78.98 | 5.84 | 8.15 | NA | |
| 1874.08 | 4.47 | 0.33 | 0.46 | 11.80 | 1874.63 | 5.24 | 79.79 | 5.89 | 8.21 | NA | |
| 1874.09 | 4.54 | 0.33 | 0.46 | 11.80 | 1874.71 | 5.20 | 81.04 | 5.89 | 8.21 | NA | |
| 1874.1 | 4.53 | 0.33 | 0.46 | 11.61 | 1874.79 | 5.17 | 82.19 | 5.99 | 8.35 | NA | |
| 1874.11 | 4.57 | 0.33 | 0.46 | 11.51 | 1874.88 | 5.14 | 83.60 | 6.04 | 8.41 | NA | |
| 1874.12 | 4.54 | 0.33 | 0.46 | 11.51 | 1874.96 | 5.10 | 83.05 | 6.04 | 8.41 | NA | |
| 1875.01 | 4.54 | 0.33 | 0.45 | 11.51 | 1875.04 | 5.07 | 83.05 | 5.99 | 8.26 | NA | |
| 1875.02 | 4.53 | 0.33 | 0.44 | 11.51 | 1875.13 | 5.03 | 82.87 | 5.95 | 8.11 | NA | |
| 1875.03 | 4.59 | 0.32 | 0.44 | 11.51 | 1875.21 | 4.99 | 83.96 | 5.90 | 7.96 | NA | |
| 1875.04 | 4.65 | 0.32 | 0.43 | 11.61 | 1875.29 | 4.95 | 84.37 | 5.81 | 7.74 | NA | |
| 1875.05 | 4.47 | 0.32 | 0.42 | 11.32 | 1875.38 | 4.91 | 83.14 | 5.91 | 7.78 | NA | |
| 1875.06 | 4.38 | 0.32 | 0.41 | 11.13 | 1875.46 | 4.87 | 82.86 | 5.96 | 7.76 | NA | |
| 1875.07 | 4.39 | 0.31 | 0.40 | 11.13 | 1875.54 | 4.83 | 83.05 | 5.91 | 7.60 | NA | |
| 1875.08 | 4.41 | 0.31 | 0.39 | 11.23 | 1875.63 | 4.79 | 82.72 | 5.82 | 7.38 | NA | |
| 1875.09 | 4.37 | 0.31 | 0.39 | 11.13 | 1875.71 | 4.75 | 82.67 | 5.82 | 7.28 | NA | |
| 1875.1 | 4.30 | 0.31 | 0.38 | 11.13 | 1875.79 | 4.71 | 81.35 | 5.77 | 7.13 | NA | |
| 1875.11 | 4.37 | 0.30 | 0.37 | 11.04 | 1875.88 | 4.67 | 83.39 | 5.77 | 7.03 | NA | |
| 1875.12 | 4.37 | 0.30 | 0.36 | 10.94 | 1875.96 | 4.63 | 84.11 | 5.77 | 6.93 | NA | |
| 1876.01 | 4.46 | 0.30 | 0.35 | 10.85 | 1876.04 | 4.59 | 86.60 | 5.82 | 6.86 | NA | |
| 1876.02 | 4.52 | 0.30 | 0.35 | 10.85 | 1876.13 | 4.58 | 87.76 | 5.82 | 6.73 | NA | |
| 1876.03 | 4.51 | 0.30 | 0.34 | 10.85 | 1876.21 | 4.57 | 87.57 | 5.82 | 6.60 | NA | |
| 1876.04 | 4.34 | 0.30 | 0.33 | 10.75 | 1876.29 | 4.56 | 85.01 | 5.88 | 6.53 | NA | |
| 1876.05 | 4.18 | 0.30 | 0.33 | 10.37 | 1876.38 | 4.54 | 84.88 | 6.09 | 6.63 | NA | |
| 1876.06 | 4.15 | 0.30 | 0.32 | 10.09 | 1876.46 | 4.53 | 86.66 | 6.26 | 6.68 | NA | |
| 1876.07 | 4.10 | 0.30 | 0.31 | 10.09 | 1876.54 | 4.52 | 85.61 | 6.26 | 6.54 | NA | |
| 1876.08 | 3.93 | 0.30 | 0.31 | 10.18 | 1876.62 | 4.51 | 81.30 | 6.21 | 6.34 | NA | |
| 1876.09 | 3.69 | 0.30 | 0.30 | 10.28 | 1876.71 | 4.50 | 75.63 | 6.15 | 6.15 | NA | |
| 1876.1 | 3.67 | 0.30 | 0.29 | 10.47 | 1876.79 | 4.49 | 73.85 | 6.04 | 5.90 | NA | |
| 1876.11 | 3.60 | 0.30 | 0.29 | 10.56 | 1876.87 | 4.47 | 71.79 | 5.98 | 5.72 | NA | |
| 1876.12 | 3.58 | 0.30 | 0.28 | 10.75 | 1876.96 | 4.46 | 70.12 | 5.88 | 5.48 | NA | |
| 1877.01 | 3.55 | 0.29 | 0.28 | 10.94 | 1877.04 | 4.45 | 68.33 | 5.60 | 5.42 | NA | |
| 1877.02 | 3.34 | 0.28 | 0.28 | 10.66 | 1877.12 | 4.44 | 66.01 | 5.57 | 5.60 | NA | |
| 1877.03 | 3.17 | 0.27 | 0.29 | 10.18 | 1877.21 | 4.43 | 65.58 | 5.64 | 5.90 | NA | |
| 1877.04 | 2.94 | 0.26 | 0.29 | 10.47 | 1877.29 | 4.42 | 59.16 | 5.30 | 5.77 | NA | |
| 1877.05 | 2.94 | 0.25 | 0.29 | 10.66 | 1877.37 | 4.41 | 58.10 | 5.02 | 5.70 | NA | |
| 1877.06 | 2.73 | 0.25 | 0.29 | 10.09 | 1877.46 | 4.40 | 57.01 | 5.12 | 6.06 | NA | |
| 1877.07 | 2.85 | 0.24 | 0.29 | 10.18 | 1877.54 | 4.40 | 58.96 | 4.88 | 6.03 | NA | |
| 1877.08 | 3.05 | 0.23 | 0.29 | 9.80 | 1877.62 | 4.39 | 65.54 | 4.87 | 6.30 | NA | |
| 1877.09 | 3.24 | 0.22 | 0.30 | 9.70 | 1877.71 | 4.38 | 70.31 | 4.72 | 6.40 | NA | |
| 1877.1 | 3.31 | 0.21 | 0.30 | 9.70 | 1877.79 | 4.37 | 71.83 | 4.52 | 6.44 | NA | |
| 1877.11 | 3.26 | 0.20 | 0.30 | 9.51 | 1877.87 | 4.36 | 72.16 | 4.41 | 6.60 | NA | |
| 1877.12 | 3.25 | 0.19 | 0.30 | 9.51 | 1877.96 | 4.35 | 71.94 | 4.21 | 6.64 | NA | |
| 1878.01 | 3.25 | 0.19 | 0.30 | 9.23 | 1878.04 | 4.34 | 74.16 | 4.32 | 6.86 | NA | |
| 1878.02 | 3.18 | 0.19 | 0.30 | 9.13 | 1878.12 | 4.33 | 73.32 | 4.34 | 6.96 | NA | |
| 1878.03 | 3.24 | 0.19 | 0.30 | 8.94 | 1878.21 | 4.32 | 76.29 | 4.42 | 7.12 | NA | |
| 1878.04 | 3.33 | 0.19 | 0.30 | 8.85 | 1878.29 | 4.31 | 79.26 | 4.44 | 7.22 | NA | |
| 1878.05 | 3.34 | 0.19 | 0.30 | 8.56 | 1878.37 | 4.30 | 82.14 | 4.57 | 7.48 | NA | |
| 1878.06 | 3.41 | 0.19 | 0.31 | 8.37 | 1878.46 | 4.29 | 85.77 | 4.65 | 7.67 | NA | |
| 1878.07 | 3.48 | 0.18 | 0.31 | 8.47 | 1878.54 | 4.28 | 86.55 | 4.58 | 7.61 | NA | |
| 1878.08 | 3.45 | 0.18 | 0.31 | 8.56 | 1878.62 | 4.27 | 84.85 | 4.51 | 7.54 | NA | |
| 1878.09 | 3.52 | 0.18 | 0.31 | 8.56 | 1878.71 | 4.26 | 86.57 | 4.49 | 7.56 | NA | |
| 1878.1 | 3.48 | 0.18 | 0.31 | 8.47 | 1878.79 | 4.25 | 86.55 | 4.52 | 7.67 | NA | |
| 1878.11 | 3.47 | 0.18 | 0.31 | 8.37 | 1878.87 | 4.24 | 87.28 | 4.55 | 7.78 | NA | |
| 1878.12 | 3.45 | 0.18 | 0.31 | 8.18 | 1878.96 | 4.23 | 88.80 | 4.63 | 7.98 | NA | |
| 1879.01 | 3.58 | 0.18 | 0.32 | 8.28 | 1879.04 | 4.22 | 91.08 | 4.62 | 8.03 | NA | |
| 1879.02 | 3.71 | 0.18 | 0.32 | 8.37 | 1879.12 | 4.20 | 93.32 | 4.61 | 8.09 | NA | |
| 1879.03 | 3.65 | 0.19 | 0.33 | 8.28 | 1879.21 | 4.19 | 92.86 | 4.71 | 8.33 | NA | |
| 1879.04 | 3.77 | 0.19 | 0.33 | 8.18 | 1879.29 | 4.17 | 97.03 | 4.81 | 8.58 | NA | |
| 1879.05 | 3.94 | 0.19 | 0.34 | 8.18 | 1879.37 | 4.15 | 101.41 | 4.85 | 8.73 | NA | |
| 1879.06 | 3.96 | 0.19 | 0.35 | 8.09 | 1879.46 | 4.14 | 103.12 | 4.95 | 8.98 | NA | |
| 1879.07 | 4.04 | 0.19 | 0.35 | 8.18 | 1879.54 | 4.12 | 103.98 | 4.93 | 9.03 | NA | |
| 1879.08 | 4.07 | 0.19 | 0.36 | 8.18 | 1879.62 | 4.10 | 104.75 | 4.98 | 9.18 | NA | |
| 1879.09 | 4.22 | 0.20 | 0.36 | 8.47 | 1879.71 | 4.09 | 104.95 | 4.85 | 9.02 | NA | |
| 1879.1 | 4.68 | 0.20 | 0.37 | 8.94 | 1879.79 | 4.07 | 110.20 | 4.63 | 8.67 | NA | |
| 1879.11 | 4.93 | 0.20 | 0.37 | 9.42 | 1879.87 | 4.05 | 110.23 | 4.43 | 8.37 | NA | |
| 1879.12 | 4.92 | 0.20 | 0.38 | 9.70 | 1879.96 | 4.04 | 106.77 | 4.34 | 8.25 | NA | |
| 1880.01 | 5.11 | 0.21 | 0.39 | 9.99 | 1880.04 | 4.02 | 107.72 | 4.32 | 8.20 | NA | |
| 1880.02 | 5.20 | 0.21 | 0.40 | 9.99 | 1880.12 | 3.99 | 109.62 | 4.43 | 8.40 | NA | |
| 1880.03 | 5.30 | 0.22 | 0.41 | 10.09 | 1880.21 | 3.97 | 110.67 | 4.49 | 8.51 | NA | |
| 1880.04 | 5.18 | 0.22 | 0.42 | 9.70 | 1880.29 | 3.94 | 112.41 | 4.77 | 9.04 | NA | |
| 1880.05 | 4.77 | 0.23 | 0.43 | 9.42 | 1880.37 | 3.91 | 106.65 | 5.03 | 9.52 | NA | |
| 1880.06 | 4.79 | 0.23 | 0.44 | 9.23 | 1880.46 | 3.89 | 109.30 | 5.25 | 9.93 | NA | |
| 1880.07 | 5.01 | 0.24 | 0.44 | 9.23 | 1880.54 | 3.86 | 114.32 | 5.36 | 10.14 | NA | |
| 1880.08 | 5.19 | 0.24 | 0.45 | 9.23 | 1880.62 | 3.83 | 118.43 | 5.48 | 10.34 | NA | |
| 1880.09 | 5.18 | 0.25 | 0.46 | 9.32 | 1880.71 | 3.81 | 117.00 | 5.53 | 10.45 | NA | |
| 1880.1 | 5.33 | 0.25 | 0.47 | 9.32 | 1880.79 | 3.78 | 120.38 | 5.65 | 10.65 | NA | |
| 1880.11 | 5.61 | 0.26 | 0.48 | 9.42 | 1880.87 | 3.75 | 125.43 | 5.70 | 10.75 | NA | |
| 1880.12 | 5.84 | 0.26 | 0.49 | 9.51 | 1880.96 | 3.73 | 129.27 | 5.75 | 10.85 | NA | |
| 1881.01 | 6.19 | 0.27 | 0.49 | 9.42 | 1881.04 | 3.70 | 138.40 | 5.92 | 10.86 | 18.47 | |
| 1881.02 | 6.17 | 0.27 | 0.48 | 9.51 | 1881.12 | 3.69 | 136.57 | 5.98 | 10.66 | 18.15 | |
| 1881.03 | 6.24 | 0.28 | 0.48 | 9.51 | 1881.21 | 3.69 | 138.12 | 6.09 | 10.57 | 18.27 | |
| 1881.04 | 6.22 | 0.28 | 0.47 | 9.61 | 1881.29 | 3.68 | 136.31 | 6.14 | 10.37 | 17.95 | |
| 1881.05 | 6.50 | 0.29 | 0.47 | 9.51 | 1881.37 | 3.67 | 143.87 | 6.31 | 10.39 | 18.87 | |
| 1881.06 | 6.58 | 0.29 | 0.47 | 9.51 | 1881.46 | 3.67 | 145.64 | 6.42 | 10.29 | 19.03 | |
| 1881.07 | 6.35 | 0.30 | 0.46 | 9.61 | 1881.54 | 3.66 | 139.16 | 6.47 | 10.10 | 18.12 | |
| 1881.08 | 6.20 | 0.30 | 0.46 | 9.80 | 1881.62 | 3.65 | 133.24 | 6.45 | 9.81 | 17.29 | |
| 1881.09 | 6.25 | 0.31 | 0.45 | 10.18 | 1881.71 | 3.65 | 129.29 | 6.31 | 9.36 | 16.72 | |
| 1881.1 | 6.15 | 0.31 | 0.45 | 10.28 | 1881.79 | 3.64 | 126.04 | 6.35 | 9.19 | 16.26 | |
| 1881.11 | 6.19 | 0.32 | 0.44 | 10.18 | 1881.87 | 3.63 | 128.05 | 6.52 | 9.19 | 16.48 | |
| 1881.12 | 6.01 | 0.32 | 0.44 | 10.18 | 1881.96 | 3.63 | 124.33 | 6.62 | 9.10 | 15.96 | |
| 1882.01 | 5.92 | 0.32 | 0.44 | 10.18 | 1882.04 | 3.62 | 122.46 | 6.62 | 9.09 | 15.68 | |
| 1882.02 | 5.79 | 0.32 | 0.44 | 10.28 | 1882.12 | 3.62 | 118.67 | 6.56 | 8.98 | 15.15 | |
| 1882.03 | 5.78 | 0.32 | 0.44 | 10.28 | 1882.21 | 3.62 | 118.46 | 6.56 | 8.97 | 15.09 | |
| 1882.04 | 5.78 | 0.32 | 0.44 | 10.37 | 1882.29 | 3.62 | 117.37 | 6.50 | 8.87 | 14.92 | |
| 1882.05 | 5.71 | 0.32 | 0.44 | 10.47 | 1882.37 | 3.62 | 114.90 | 6.44 | 8.77 | 14.57 | |
| 1882.06 | 5.68 | 0.32 | 0.44 | 10.56 | 1882.46 | 3.62 | 113.26 | 6.38 | 8.67 | 14.33 | |
| 1882.07 | 6.00 | 0.32 | 0.43 | 10.47 | 1882.54 | 3.63 | 120.73 | 6.44 | 8.74 | 15.24 | |
| 1882.08 | 6.18 | 0.32 | 0.43 | 10.56 | 1882.62 | 3.63 | 123.24 | 6.38 | 8.64 | 15.53 | |
| 1882.09 | 6.24 | 0.32 | 0.43 | 10.28 | 1882.71 | 3.63 | 127.89 | 6.56 | 8.86 | 16.08 | |
| 1882.1 | 6.07 | 0.32 | 0.43 | 10.18 | 1882.79 | 3.63 | 125.57 | 6.62 | 8.93 | 15.76 | |
| 1882.11 | 5.81 | 0.32 | 0.43 | 10.09 | 1882.87 | 3.63 | 121.32 | 6.68 | 9.00 | 15.19 | |
| 1882.12 | 5.84 | 0.32 | 0.43 | 9.99 | |||||||