Factset reports the forward looking PE of the S&P500 is at it's highest since 2004 https://insight.factset.com/earningsinsight_02.17.17
For what's it worth the PE (trailing) of the ASX All Ords has reached 18 which is highest it's been since 2002. My chart below based on Colin Nicholson's numbers
The world sure is a happy place at the moment
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