Bank Nifty P/E for the last 10 years

Belows the Bank Nifty P/E chart for the last 10 years. (Extracted from NSE website http://www.nseindia.com/products/con...rical_pepb.htm)

Pretty useful chart for those interested in Banking sector. P/E chart gives indication of when valuations are cheap and when valuations are peaking. This in-turn gives valuable insight on when to Buy and when to Sell.


Discuss your views. Make your own calls what is the best time to buy !