India's surging share valuations enter a demanding zone
On PE ratio, India is the most richly valued among major markets. Its market cap-to-GDP ratio, too, is at an all-time high, having crossed 100%. Can companies justify such high valuations with supernormal earnings growth?
DNA News Desk
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On PE ratio, India is the most richly valued among major markets. Its market cap-to-GDP ratio, too, is at an all-time high, having crossed 100%. Can companies justify such high valuations with supernormal earnings growth?
