Investors need to be wary of overpaying as stock returns are mediocre

At a time when the index appears expensive, a stock-specific approach will serve you well

Sanjay Kumar Singh |Business Standard | New Delhi
Premium
Investors need to be wary of overpaying as stock returns are mediocre

3 min read Last Updated : Aug 11 2020 | 1:16 AM IST

Listen to This Article

The Nifty50 index’s price-to-earnings (P/E) ratio is currently at an all-time high of 31.2x its trailing 12-month earnings per share. This is higher than its 10-year (22x) and 20-year (around 20x) ave

Topics :stock market tradingRetail investorsstock marketNifty50Nifty50 earning

First Published: Aug 10 2020 | 8:23 PM IST

Next Story