It has been a good year for investors who have been invested in equities and have remained so. A snapshot of performance in percentages over a year as on 23.12.14 is given below.
Category performance is from Value Research
Source: http://www.nseindia.com/
Category performance is from Value Research
 |
| One year performance of a few categories of Equity Funds |
So, today where are we in terms of valuations when compared to previous highs. The Nifty PE was 28.29 on 8.1.2008 and 25.72 on 6.10.2010. The price to book was at a high of 6.55 on 8.1.2008 and 3.97 on 2.11.2010.
Today the PE as per NSE is 21.12 and the PB is 3.49
No comments:
Post a Comment