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Japan Price to 10 Year Inflation Adjusted Earnings

Popularized by Robert Shiller, this ratio avoids the problems of volatile earnings in the P/E ratio by averaging the inflation adjusted earnings of the last 10 years. Here we've replicated the ratio except using data for Japan instead of the U.S.

PE10 - CAPE - Historical Chart of the Japan Shiller P/E Index Log Chart Source: Tokyo Stock Exchange