Why bank nifty PE ratio change from 68 to 39

#1

Hello everyone,

@nithin @siva
I want to know in bank nifty PE ratio showing huge change. On sep 24th 2019 the ratio is showing 68.22 and on sep 25th 2019 it is 39.43.

Why?

#2

Not sure but I will try to get the answer from other sources, give me sometime.
Info I got.
“Seems the NSE website uses (at least used to show) standalone numbers to arrive at the multiples, others use consolidated figures. Their numbers seemed to have changed on 25th and seem closer to the consolidated numbers used by everyone.”

2 Likes
#3

okay