@Antonym wrote:As per Bloomberg, Sri Lanka's Market P/E Ratio has now declined to 10.83.
How much lower do you think it can go?
http://mobile.bloomberg.com/apps/quote?ticker=CSEALL%3AIND
There was a link someone added in another discussions. HSBC have said they will not enter until the PE enters single digit range, so that's a minimum of 8% more to go.