# Block 041 — Equities valuation

**Status:** ○ queued
**Phase:** Phase 1 (Equities)

## Topic scope

Forward PE bias and correction. Shiller CAPE. PEG ratio. Equity risk premium. Q-ratio.

## Plan

_(Filled at session close of prior block, per 2026-06-23 convention.)_

## Carry-forward to next block

_(Filled at session close.)_
