P/E among largest #stocks $SPX $SPY 1.  APPLE INC. $AAPL: 26.5 2.  MICROSOFT CORPORATIO. $MSFT: 32.0 3.  ALPHABET INC. $GOOGL: 28.2 4.  FACEBOOK, INC. $FB: 32.5 5.  VISA INC. $V: 33.8 United States United States United States United States United States