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Meteorological cape value The formation of severe weather must have a certain amount of energy. This energy is called convective effective potential energy, represented by cape (cape: convective available potential energy). cape is the buoyant potential energy, which represents the surface boundary layer. Shiller's price-to-earnings ratio is to replace the e (earnings) in p/e with the inflation-adjusted average corporate earnings over the past few years (Shiller himself seems to have used 10 years). The English name is cape (cyclically adjusted pe), and the significance of cyclical adjustment is to smooth out the short-term performance of an enterprise.
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