BSE Sensex Forward P/E Chart
Tuesday, June 19, 2007
We at Dalal Street had presented the graph of BSE Sensex historical data since its inception in 1979. Today we are presenting a Historical forward P/E Chart of Sensex since 1990 through 2007. [Above Chart]
The BSE Sensex which was quoting at a forward P/E of 11 in 2003 is at historic high of 18 in 2007. Is the Sensex overvalued ? Will BSE Sensex reach 18,000 or 25,000 as some speculators and investors like Rakesh Jhunjunwala predict ? Sorry we differ from their opinion.
Courtesy: Graph is obtained from Citigroup,Bloomberg Research Report June-19th-2007.
Dalal Street Business Reports
- Geodesic Information recommends bonus issue
- Citi Upgrades Suzlon Energy to BUY
- Asian Hotels net profit rises 50.83%
- Funds raising plan generates interest in IDBI
- Kotak Bullish on Crompton Greaves
- Indian Rupee seen at Rs 40 aganist USD
- Reliance Ambani Vs DLF Singh - Corporate War
- Citi Upgrades Punj Lloyd to BUY
- Currency Coin Scam Hits India.
- Amtek Auto extends gain on UK acquisition
