year,P/E 1970,15.5 1971,18.5 1972,18.2 1973,14.0 1974,8.6 1975,10.9 1976,11.2 1977,9.3 1978,8.3 1979,7.4 1980,7.9 1981,8.4 1982,8.6 1983,12.5 1984,10.0 1985,12.3 1986,16.4