![jeroen blokland on Twitter: "The #DAX's current P/E level is 11.6. This reflects an #earnings yield of almost 9%. The #yield on German 2-year bonds is -0.61%, that of 10-year bonds 0.25%. jeroen blokland on Twitter: "The #DAX's current P/E level is 11.6. This reflects an #earnings yield of almost 9%. The #yield on German 2-year bonds is -0.61%, that of 10-year bonds 0.25%.](https://pbs.twimg.com/media/DufTRDgWoAExOS9.jpg)
jeroen blokland on Twitter: "The #DAX's current P/E level is 11.6. This reflects an #earnings yield of almost 9%. The #yield on German 2-year bonds is -0.61%, that of 10-year bonds 0.25%.
Why is the average PE ratio of the S&P much higher than DAX? Would it be better to invest into DAX? - Quora
![Asness: Shiller P/E is Signaling Risk of Another Lost Decade for US Stocks | CFA Institute Enterprising Investor Asness: Shiller P/E is Signaling Risk of Another Lost Decade for US Stocks | CFA Institute Enterprising Investor](https://i2.wp.com/blogs.cfainstitute.org/investor/files/2012/11/Shiller-PE-for-SP.png)