Historic S&P 500 PE Ratio, Dividend Yield and Total Return 1960 to 2007

Year	PE Ratio	Dividend Yield	S&P 500 Return	Total Return
1960	18.73	3.41%	-3%	0.41%
1961	21.23	2.85%	23.13%	25.98%
1962	17.21	3.40%	-11.81%	-8.41%
1963	18.15	3.13%	18.89%	22.02%
1964	17.79	3.05%	12.97%	16.02%
1965	17.45	3.06%	9.06%	12.12%
1966	14.84	3.59%	-13.09%	-9.50%
1967	17.67	3.09%	20.09%	23.18%
1968	18.15	2.93%	7.66%	10.59%
1969	15.08	3.52%	-11.36%	-7.84%
1970	16.72	3.46%	0.10%	3.56%
1971	18.32	3.10%	10.79%	13.89%
1972	19.12	2.70%	15.63%	18.33%
1973	12.25	3.70%	-17.37%	-13.67%
1974	7.33	5.43%	-29.72%	-24.29%
1975	11.70	4.14%	31.55%	35.69%
1976	11.03	3.93%	19.15%	23.08%
1977	8.75	5.11%	-11.50%	-6.39%
1978	8.26	5.39%	1.06%	6.45%
1979	7.42	5.53%	12.31%	17.84%
1980	9.06	4.74%	25.77%	30.51%
1981	8.07	5.57%	-9.73%	-4.16%
1982	10.17	4.93%	14.76%	19.69%
1983	12.41	4.32%	17.27%	21.59%
1984	9.93	4.68%	1.40%	6.08%
1985	13.48	3.88%	26.33%	30.21%
1986	16.78	3.38%	14.62%	18.00%
1987	15.41	3.71%	2.03%	5.74%
1988	12.20	3.68%	12.40%	16.08%
1989	14.71	3.32%	27.25%	30.57%
1990	15.20	3.74%	-6.56%	-2.82%
1991	21.83	3.11%	26.31%	29.42%
1992	24.04	2.90%	4.46%	7.36%
1993	23.53	2.72%	7.06%	9.78%
1994	16.98	2.91%	-1.54%	1.37%
1995	17.42	2.30%	34.11%	36.41%
1996	20.70	2.01%	20.26%	22.27%
1997	24.51	1.60%	31.01%	32.61%
1998	32.15	1.32%	26.67%	27.99%
1999	32.57	1.14%	19.53%	20.67%
2000	25.38	1.23%	-10.14%	-8.91%
2001	25.97	1.37%	-13.04%	-11.67%
2002	18.62	1.83%	-23.37%	-21.54%
2003	20.53	1.61%	26.38%	27.99%
2004	18.08	1.60%	8.99%	10.59%
2005	18.28	1.79%	3.00%	4.79%
2006	17.30	1.77%	13.62%	15.39%
2007	16.78	1.89%	3.53%	5.42%

Total Return equals the S&P 500 Return plus the Dividend Yield that year.

Table above uses some raw data from Aswath Damodaran at Stern Business School. Aswath got the data from Bloomberg and Standard And Poors.