2 Forward PIE ratio of the S&P 500 10 0 0 o 0 0 0 I 9 N I o N c Cu 8 . 6 5 , .7( 2 45.9 < O mm 0. 9 Ul 9 Ul o o 0 S., U C C -5 W Co cu r , CO CO al al 0 r 0 9 0 9 0 0 0 pr cc -S S 6 CCCn.6 aci nso = ram cio Source: FaciSet. As of August 2012. The informatio