P.E at 8-12 (20%-40% discount than average) – Considering the current P.E, which is less than the last three years average growth rate, the range of 8-12 is considered as “undervalued” and may offer an attractive entry opportunity. P.E at 12-18 (near average) – In this range, the stock is “reasonably valued”. It can be a good entry opportunity if future prospects of the company
