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Yeah, not happening. This gen is just hitting its stride in terms of constant quality games coming out.

The PS4 is selling more numbers year on year and likely going to have its peak year in 2018. Sony aren't going to chop their own balls off by announcing a PS5 at E3 when they could easily be reaching 100+ million PS4s sold by holiday this year and much more in the next few years. The PS4 Pro came out just a little over a year earlier. That's Sony's way of padding out this gen even further.

The earliest I see a PS5 is fall of 2020, if not a year or two later.