Current Reading What is the S&P 500 worth this week? Where is the market in relation? I update this page at the end of every month.Read more >
The Brock Value Story First Ben adjusted PEs for interest rates. Then Warren revealed his best metric. Finally, Carl held the multiplier constant and solved for price. I did the rest.Read more >
How to Calculate BV As a quick rule of thumb, “y over 2i” works almost as well as the full-blown formula. But we’re sticklers for accuracy around here.Read more >
Valuation Pitfalls A low valuation does not tell you how low the market will go or how long it will take to return to normal. These and other deceptions await the unaware.Read more >
BV Charts 1919-2011 The best way to judge an indicator is to see how it behaved in cycles past. View monthly charts from 1919 and weekly charts from 1962. Read more >
BV vs Classic Ratios Compare traditional valuation metrics side by side, and see at a glance the quality of the information provided. Yes, one metric rules them all. Read more >
The Look Back Effect Investors like to think what has happened will keep happening, so they push valuations to extremes and make a fool of the rational investor.Read more >
45 Years of Brock Value From the Kennedy Panic in 1962 to the top of the real estate bubble in 2006, take a guided tour of stock market valuation through the years. Read more >