With market volatility and growth worries driving down share prices, over 100 Nifty 500 companies currently have PE less than their three year, five year, and ten year PE averages. This stock screener (subscription, but snapshot above) tracks stocks that have their PE TTM below these averages, making them potentially more valuable at their current share prices. Among the 103 stocks in the screener are Axis Bank, Biocon and Phoenix Mills.
