Power spectral analyses of the time series of solar proton events during the past three solar cycles reveal a periodicity around 154 days. This feature is prominent in all of the cycles combined, cycles 19 and 21 individually but is only weak in cycle 20. These results are consistent with the presence of similar periodicities between 152 and 155 days in the occurrence rate of major solar flares, the sunspot blocking function (P s ), the 10.7 cm radio flux (F 10.7) and the sunspot number (R z ). This suggests that the circa 154-days periodicity may be a fundamental characteristic of the Sun. Periods around 50 52 days are also found in the combined data set and in the three individual cycles in general agreement with the detection of this periodicity in major flares in cycle 19 and inP s ,F 10.7, andR z in cycle 21. The cause of the 155 day period remains unknown. The spectra contain lines (or show power at frequencies) consistent with a model in which the periodicity is caused by differential rotation of active zones and a model in which it is related to beat frequencies between solar oscillations, as proposed by Wolff.