 "bse, sensex, bull")
Indian stock markets have not looked back since their low on December 26, 2016, and have emerged as the top performer among major markets globally in 2017.
In a bull market such as this, almost all stocks tend to run up, irrespective of their fundamentals, which is reason enough for investors to be careful.
A key measure to identify a potential risk or reward is a stock’s price-to-earnings (P/E) multiple. This ratio is arrived at by dividing the stock price with its earnings per share or by dividing the company’s market capitalisation with its net profit. The higher the multiple, the more
