Nifty - PE valuation analysis

1) Nifty chart of PE valuation attached 2) Summarized below in detail. 3) Let's study PE Valuation in bad times. 4) During the bad time of Coroma the PE went as low as 17(Exceptional due to Global Crisis). During Lehman Brothers PE went as low as 11 (Again this was exceptional Global Financial Crisis). 5) We are currently at 20 PE on Nifty. How long this time will stay no one knows but we are still far away from PE of bad times. 6) Stock on radar -

This is all for information. This is not a buy/sell call. Thank you, Sunil