Sunday, August 29, 2010

PE history of Nifty

So this table is trying to show horrible picture of future, at least for coming year 2011.

I do not believe this, I feel our purchasing power has increased and now we can afford higher PE ratios for little earning.

After all we have manged above par PE for the last one year which was shoots up suddenly.

Time will tell if PE is also in consolidation mode ................!!

1 comment: