Akshay15

Autos underpriced or IT sector overpriced ?

The chart compares Auto Index to IT index, as we can see the valuation of Autos compared to IT has reached lows of 2008. What we get to know from this is that either Auto index is under priced or IT has become over priced. My bias is that auto sector investments would return quite good returns 3-4 years down the line.