​Valuation Watch: 11 Largecap stocks with sky-high PE ratios – High PE Rally

A P/E ratio above 70 indicates that a company’s stock price is increasing significantly faster than its earnings. This is calculated using the latest end-of-day price and trailing twelve months (TTM) earnings per share. From the NSE largecap pack, we have highlighted the top 10 stocks with the highest TTM P/E ratios (as of March 2026 quarter), based on a valuation scan by Stockedge.com.

While a high P/E suggests strong growth expectations from investors, it can also signal overvaluation or speculative buying. It’s important to assess the company’s fundamentals and market conditions for a more accurate evaluation.