All-time Sensex P/E (Last 20 years).

Its really surprising that Sensex P/E Valuations have been at all time high in early 90's. It has peaked above 50 twice between 1990 and 1995. I dont think its going to happen again.

To look at a more realistic chart for P/E support and resistance levels, belows the Sensex P/E chart since 1995,