Nifty@20k: Valuations surpass most developed markets. Will the rally continue?

1-year forward PE: 19.7
5-year average PE: 19.5

1-month index return: -2%

YTD return: 4.3%

1-year forward PE: 19.7 5-year average PE: 19.51-month index return: 0%YTD return: 24.4%

1-year forward PE: 9.1 5-year average PE: 11.5

1-month index return: -5.1%

YTD return: -8.5%

1-year forward PE: 10.7

5-year average PE: 13.6

1-month index return: -0.6%

YTD return: 0.4%

1-year forward PE: 12.6

5-year average PE: 15.7

1-month index return: -1%

YTD return: 12.3%

1-year forward PE: 10.4

5-year average PE: 13.9

1-month index return: -2.3%

YTD return: -1%