Nifty 50 PE

Nifty 50 has gained 24 per cent over the last year, and its current PE (price-to-earnings ratio) stands at 21.9. This is below its one-year average PE of 22.3. However, Nifty’s 12-month forward PE of 20.76. Nifty’s current PB (price-to-book ratio) is at 4, slightly above its one-year average PB […]