SENSEX BUBBLES !
Just look at pe and p/ book value ratios of various BSE sector indices
----------PE----P/BV
SENSEX 22 ,4X
MIDCAP 22, 3X
SMALLCAP 18 ,2.5X ( GOOD BOY !)
CONS DURA 20 ,2X ( GOOD BOY !)
BANK 13 ,2.5X ( GOOD BOY !)
PSU 17, 3.5X ( GOOD BOY !)
METAL 32 ,5.5X (BUBBLE !)
CAP GOOD 28 ,7X (BUBBLE !)
FMCG 29 ,11X (BUBBLE !)
AUTOS 23, 5X
POWER 32, 4X (BUBBLE !)
OIL 16 ,3X (GOOD BOY !)
HEALTH 40 ,6X (SUPER BUBBLE !)
TECK 23, 5X
IT 26 ,7X
REALITY 60, 4X ( SUPER BUBBLE !)
