Gurufocus: Stock Valuation Chart

The following chart is used to give a valuation on the stock market and gives you the tool (aka Warren Buffet Rule) to position yourself. It is based on the total stock index (DWCF) divided by the GNP.

Stock Valuation Table

It is also good to check the P/E ratios from the Yardeni site:

The Fed has its stock valuation model as well.