The ratio is effectively unchanged since the first estimate of third quarter GDP, falling from 1.421 to 1.419.
$24.9126 trillion market cap on 9/30/14 divided by $17.5552 trillion current dollar GDP = 1.419.
The ratio soared to 1.715 at the end of 1999, was .912 at the end of 2002 and fell to .740 at the end of 2008.
The market remains very expensive.
