Three different periods.
- Last one year
=>PE: 19.44,
MarketCap/GDP: 0.76
- Year 2010
=> PE: 25,
MarketCap/GDP:0.96
-
Year 2008
=>PE: 28.5,
MarketCap/GDP: 1.12
Also refer to my earlier
article written in April for Subhankar (see here: http://goo.gl/AzPokp).
The ratio in April 2014 was around 0.64. It was also mentioned in that article
that the historical high of this
ratio is 1.65; the historical low is 0.41 and fair market value will be around
0.9.
Do you still believe that we are overvalued?
Always look forward receiving your
feedback.
Cheers,
Niteen S Dharmawat
Twitter: @niteen_india
Facebook: https://www.facebook.com/dharmawat
slideshare: www.slideshare.net/ndharmawat/
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IMPORTANT
DISCLAIMER: Investment in equity shares has its own risks. Sincere efforts have
been made to present the right investment perspective. The above article is
written with the sole objective of taking feedback from the readers. The
information contained herein is based on my study and upon sources that I
consider reliable. I, however, do not vouch for the accuracy or the
completeness thereof. This material is for personal information and not
intended for any investment decisions. I am not responsible for any profit or
loss incurred based upon it & take no responsibility whatsoever for any
financial profits or loss which may arise from the discussion thread above/anywhere
in communication. It is safe to assume that I, my family, friends have vested
interest in any of the stock ideas discussed here. Please do your due diligence
and take the help of a qualified advisor before you take any financial
decision.
1 comment:
But sir , the results what we see in Q2 is no match to the valuations
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