Updated: April 7, 2023
As of 4/7/2023, the important valuation ratios of Price/Book and Price/Sales for the DJIA are high compared to the period beginning 1/1/2000. These ratios are well above the average values, as indicated by the high percentile rankings. The Price/Earnings ratio is also high compared to values over this 22 year period.
Please see this post for a review of inflationary periods over the last 100 years. https://marketresilience.blogspot.com/p/inflationary-periods.html
