{"id":2101263,"date":"2019-03-08T17:10:48","date_gmt":"2019-03-08T11:40:48","guid":{"rendered":"http:\/\/stockviz.biz\/index.php\/?p=2101263"},"modified":"2019-03-13T10:25:48","modified_gmt":"2019-03-13T04:55:48","slug":"index-valuations-part-i","status":"publish","type":"post","link":"https:\/\/stockviz.biz\/index.php\/2019\/03\/08\/index-valuations-part-i\/","title":{"rendered":"Index Valuations, Part I"},"content":{"rendered":"<p>The NSE website has PE (Price to Earnings), PB (Price to Book) and Dividend Yields of indices going back a decade. Even though their methodology of calculating these has its drawbacks, they are consistently applied to all the indices. This makes an apples-to-apples comparison possible.<\/p>\n<p>Here are the historical PE and PB ratios of the NIFTY 50 and NIFTY MIDCAP 50 indices:<br \/>\n<a href=\"https:\/\/github.com\/stockviz\/blog\/raw\/master\/entries%20and%20exits\/valuation\/NIFTY%2050.NIFTY%20MIDCAP%2050.PE.png\"><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/github.com\/stockviz\/blog\/raw\/master\/entries%20and%20exits\/valuation\/NIFTY%2050.NIFTY%20MIDCAP%2050.PE.png\" width=\"4800\" height=\"2400\" alt=\"NIFTY 50 Historical PE\" class=\"alignnone size-full\" \/><\/a><\/p>\n<p><a href=\"https:\/\/github.com\/stockviz\/blog\/raw\/master\/entries%20and%20exits\/valuation\/NIFTY%2050.NIFTY%20MIDCAP%2050.PB.png\"><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/github.com\/stockviz\/blog\/raw\/master\/entries%20and%20exits\/valuation\/NIFTY%2050.NIFTY%20MIDCAP%2050.PB.png\" width=\"4800\" height=\"2400\" alt=\"NIFTY MIDCAP 50 Historical PE\" class=\"alignnone size-full\" \/><\/a><\/p>\n<p>And their relative ratios:<br \/>\n<a href=\"https:\/\/github.com\/stockviz\/blog\/raw\/master\/entries%20and%20exits\/valuation\/NIFTY%2050.NIFTY%20MIDCAP%2050.PE.relative.png\"><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/github.com\/stockviz\/blog\/raw\/master\/entries%20and%20exits\/valuation\/NIFTY%2050.NIFTY%20MIDCAP%2050.PE.relative.png\" width=\"4800\" height=\"2400\" alt=\"Relative NIFTY 50\/MIDCAP 50 Historical PE\" class=\"alignnone size-full\" \/><\/a><\/p>\n<p><a href=\"https:\/\/github.com\/stockviz\/blog\/raw\/master\/entries%20and%20exits\/valuation\/NIFTY%2050.NIFTY%20MIDCAP%2050.PB.relative.png\"><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/github.com\/stockviz\/blog\/raw\/master\/entries%20and%20exits\/valuation\/NIFTY%2050.NIFTY%20MIDCAP%2050.PB.relative.png\" width=\"4800\" height=\"2400\" alt=\"Relative NIFTY 50\/MIDCAP 50 Historical PB\" class=\"alignnone size-full\" \/><\/a><\/p>\n<p>In the <a href=\"https:\/\/stockviz.biz\/2019\/03\/13\/index-valuations-part-ii\/\">next part<\/a>, we will explore if these can be used to time or switch between large-caps and mid-caps. <\/p>\n<p>Code and charts on <a href=\"https:\/\/github.com\/stockviz\/blog\/tree\/master\/entries%20and%20exits\/valuation\" rel=\"noopener\" target=\"_blank\">github<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The NSE website has PE (Price to Earnings), PB (Price to Book) and Dividend Yields of indices going back a decade. Even though their methodology of calculating these has its drawbacks, they are consistently applied to all the indices. This makes an apples-to-apples comparison possible. Here are the historical PE and PB ratios of the &hellip; <\/p>\n","protected":false},"author":2,"featured_media":2089693,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3471],"tags":[3391],"class_list":["post-2101263","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-investing-insight","tag-nifty","entry"],"_links":{"self":[{"href":"https:\/\/stockviz.biz\/index.php\/wp-json\/wp\/v2\/posts\/2101263","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/stockviz.biz\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/stockviz.biz\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/stockviz.biz\/index.php\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/stockviz.biz\/index.php\/wp-json\/wp\/v2\/comments?post=2101263"}],"version-history":[{"count":0,"href":"https:\/\/stockviz.biz\/index.php\/wp-json\/wp\/v2\/posts\/2101263\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/stockviz.biz\/index.php\/wp-json\/wp\/v2\/media\/2089693"}],"wp:attachment":[{"href":"https:\/\/stockviz.biz\/index.php\/wp-json\/wp\/v2\/media?parent=2101263"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/stockviz.biz\/index.php\/wp-json\/wp\/v2\/categories?post=2101263"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/stockviz.biz\/index.php\/wp-json\/wp\/v2\/tags?post=2101263"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}