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@article{167276,
author = {Suryadevara Vignesh},
title = {Soaring PE Ratios of Indian Stocks and Price Surges: A Study on Earnings Correlation},
journal = {International Journal of Innovative Research in Technology},
year = {2024},
volume = {11},
number = {3},
pages = {719-722},
issn = {2349-6002},
url = {https://ijirt.org/article?manuscript=167276},
abstract = {This research article investigates the correlation between soaring Price-to-Earnings (PE) ratios, stock price rallies, and EBIDT growth within the Indian market. Utilizing a dataset of stocks whose PE ratio grew rapidly in the previous 3 years between 25th May 2021 to 16th June 2024 for which the time of study upfront done during mid 2024, we are going to study how the sudden rise in PE drive the stock price and consequently check whether it is supported by the company earnings. },
keywords = {Soaring PE Ratios, Price Rally, Earnings, Pearson Correlation},
month = {August},
}
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