Sharper correction in mid and smallcap indices moderates broader market valuations
1 week Ago By Moneycontrol
The one-year forward price-to-earnings (P/E) ratios for the BSE Mid ap and Smallcap indices stands at 24.3x and 20.4x, respectively - down from recent peaks of 32x and 27x, and slightly below 10-year averages of 27.