I’m trying to calculate the Sensex Price/Earnings ratio myself.
The Price is obviously available from the live Sensex values, however I can’t find the Earnings number from any source. I want to know if there is any source that provides the Financial Year updated (Quarterly updated would be brilliant 
) earnings of the 30 sensex companies.
1) I don’t want to individually go through the Financials of all 30 Sensex companies to add up the earnings (unless ofcourse there is a spreadsheet/tracker readily available which auto-populates data).
2) I know the P/E is available from the BSE website and I can just multiply the numbers, but that doesn’t solve my purpose.
Would greatly appreciate if anyone has information on how to do this.
Many Thanks!
PS: I’m asking this because I can’t seem to rely on people talking about the Sensex earnings. A few days back, in an interview on CNBC with an Ambit Capital analyst, the analyst said Sensex FY 16 earning should be 1550 which gives the Price of 25000 a P/E of 16.
However, BSE shows sensex P/E to be almost 20 currently, so if the analyst is correct that’s discounting Sensex earnings of 20% for the remaining 9 months. Can’t believe that the numbers are correct or the analyst is being stupid projecting earnings growth >20%
| Subscribe To Our Free Newsletter |
