CNX IT P/E for last 10 years

[rmani84]

Belows the CNX IT P/E chart for the last 10 years. (Extracted from NSE website http://www.nseindia.com/content/indi..._pepbyield.htm)

Pretty useful chart for those interested in IT 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 !

[rmani84]

CNX IT P/E since 1997 for the last 13 years. Same chart as above. IT P/E peaked in 2000 to really expensive levels causing a huge fall soon.