On year-on-year basis (from Q4 FY 2018 to Q4 FY 2019), Nifty 50 earnings – Q4 FY 2019 showed a growth of 11.08%. In comparison, average stock prices went up by 5.11% during the same period**.
*Based on 34 companies which have declared results
**Based on stock prices as on 16th May for each year.
Current PE Valuation of the Nifty = 28.44 (17th May, 2019)
