14/3/2026, 3:46:02 pm

India remains Asia's second-most expensive market

India's valuation has eased, with the Nifty 50's trailing 12-month price-to-earnings (PE) at 21.77x, lower than its 5-year and 10-year averages. However, it remains the second-highest valuation in Asia, with Taiwan having a higher valuation at 24.6x. India's P/E is still higher than Indonesia, South Korea, and China, but the forward P/E at 18.19x is lower than their 5-year and 10-year averages.