India, Jan. 25 -- Small cap stocks trading below their five year P/E indicate potential undervaluation relative to historical norms, offering investors an opportunity to identify companies that may deliver long term growth at attractive valuations.

Stocks across sectors like infrastructure, pharmaceuticals, industrial manufacturing, and engineering technology are currently below their five year P/E, indicating relatively lower valuations compared to their historical stock PEs.

IRB Infrastructure Developers Ltd An Indian company specializing in road and highway construction under Build Operate Transfer (BOT) and Hybrid Annuity Models. It develops and manages toll roads across India and is a mid cap stock, often influenced by project awar...