The Stacking fault energy (SFE) is an important parameter for metals and alloys. The plastic deformation behavior of face centered cubic (FCC) metals and alloys is directly related to the SFE values. The several methods for determining SFE are critically discussed. The values reported in the 1960s and early 1970s are, in general, 20-30% overestimated. The node dislocation method, due to Whelan, overestimates the SFE. The method based on the critical resolved shear stress is not reliable. The most accurate method is the direct observation of dissociated partials by weak beam in TEM or using HREM (High resolution electron microscopy). Indirect methods based in X-Ray Diffraction and texture may provide reasonable estimates since reliable SFE values of reference metals are available. Selected SFE values for Ni, Cu, Ag, Cu and Al are presented.