Re: Todays Buy Levels
point 4 irrelevant from my earlier post.
g_j,
thanks for that useful info
Dear Rajaram,
You cannot compare the nifty PE as of 11 Feb 2000 and yesterday's. Till Dec 2004, nifty PE was calculated on the basis of last full financial year's EPS. Currently it is calculated on the basis of last 4 trailing quarters.
If you adjust the current PE for FY07 EPS, it would be higher than that during Feb 2000!
Cheers
GJ
You cannot compare the nifty PE as of 11 Feb 2000 and yesterday's. Till Dec 2004, nifty PE was calculated on the basis of last full financial year's EPS. Currently it is calculated on the basis of last 4 trailing quarters.
If you adjust the current PE for FY07 EPS, it would be higher than that during Feb 2000!
Cheers
GJ
g_j,
thanks for that useful info