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Nearly half of Nifty stocks trading at premium to their 10-yr avg P/E; should you book profits?

Updated : May 16, 2019 02:45 PM IST

PE multiple or price-to-earnings ratio is a valuation metric that measures the current stock price relative to the company's earnings. It is also sometimes referred to as earnings multiple.
Volatility index, which is already near 4-year high, is expected to surge further as we head towards May 23 when election results will be announced. It is when stocks that are trading at a premium could face some pressure.
Volatility index, which is already near 4-year high, is expected to surge further as we head towards May 23 when election results will be announced. It is when stocks that are trading at a premium could face some pressure.
Nearly half of Nifty stocks trading at premium to their 10-yr avg P/E; should you book profits?
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