Over 20 Nifty stocks trade below average 5-year P/E and P/B; time to buy?

If a stock is trading below its average 5-years PE and PB it means that stock is trading below its fair value, and it is just a matter of time before prices correct themselves and converge back towards its fair value.

from Moneycontrol Market Outlook https://ift.tt/2VGWLjK