NIFTY Would be at 10519 at Peak Valuation

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Where will NIFTY be if it were to Quote at Peak Valuation ?
We have done a Research on the NIFTY Stocks and their Peak Valuations in the Past based on P/E or P/BV or EV/EBITDA. Applying the Previous Historical PEAK multiple for all the NIFTY Stocks, the Peak Valuation for NIFTY if it were to reach today will be 10,519

Look a at the Table Below,

Scrip ACC AMBUJA AsianPaints AXSB BJAUT BOB BHEL BPCL BHARTI CAIR CIPLA COAL DLFU DRReddy GAIL GRASIM HCLT HDFCB HERMOTOCORP HINDALCO HUVR HDFC ICICIBC IDFC INDUSIND INFY ITC JIndalSteel KotakBank LT LUPIN MM MARUTI NMDC NTPC ONGC PWGR PNB RIL SSLT SBIN SUNP TCS TTMT TPWR TATASteel TECHM UTCEM UnitedSpirits WPRO

Basis EV/EBITDA EV/EBITDA P/E P/BV P/E P/BV P/E P/BV EV/EBITDA P/E P/E EV/EBITDA P/E P/BV EV/EBITDA P/E P/BV P/E EV/EBITDA P/E P/BV P/BV P/BV P/BV P/E P/E EV/EBITDA P/BV P/E P/E P/E EV/EBITDA P/BV P/E P/BV P/BV P/E EV/EBITDA P/BV P/E P/E P/BV EV/EBITDA P/E EV/EBITDA P/E P/E

Peak Multiple 12.2 14 32.1 3.8 19 2 36 2 15.7 6.2 24 9.4 25.9 2.1 6.6 14.7 4.5 18.8 8.6 29.5 6 3.2 4.8 3.4 19.6 25.2 12.2 6 40 24 23 6.2 2.6 13.5 2.2 1.9 25 298 2.8 28 19.1 2.5 7 13.4 13.5 58.9 16.5

Peak Price 1,417 231 509 3,799 2,479 1,739 456 574 1,000 354 494 393 3,486 501 3,328 1,412 1,030 2,830 200 593 1,191 2,333 550 692 4,275 333 640 1,733 2,450 1,165 2,813 181 314 541 161 2,121 2,120 5,290 819 2,176 125 875 1,901 2,554 2,841 603

This is just one of the ways to base your investment decision on. But the sure shot way is for the INDEX as a whole if it Peaks or reaches 10500 today, then the Advise is SELL. However, if it reaches 1 year from now, the VALUATION would not be at peak because earnings would have increased and the INDEX would still be quoting below its potential peak valuation then.