These 10 Nifty500 stocks are showing very high PE ratio
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A P/E ratio above 250 indicates that a company’s stock price is increasing significantly faster than its earnings. This is calculated using the latest end-of-day price and trailing twelve months (TTM) earnings per share. From the Nifty500 pack, we have highlighted the top 10 stocks with the highest TTM P/E ratios, based on a valuation scan by Stockedge.com.While a high P/E suggests strong growth expectations from investors, it can also signal overvaluation or speculative buying. It's important to assess the company's fundamentals and market conditions for a more accurate evaluation. High PE stocks
A P/E ratio above 250 indicates that a company’s stock price is increasing significantly faster than its earnings. This is calculated using the latest end-of-day price and trailing twelve months (TTM) earnings per share. From the Nifty500 pack, we have highlighted the top 10 stocks with the highest TTM P/E ratios, based on a valuation scan by Stockedge.com.
While a high P/E suggests strong growth expectations from investors, it can also signal overvaluation or speculative buying. It's important to assess the company's fundamentals and market conditions for a more accurate evaluation.
