Stock valuations attractive after correction; good long-term bet: Analysts

Experts said the correction seen in the past one year was inevitable as valuations had become unsustainable

The markets may not bounce back as yet, given the political uncertainty and rising tension between India and Pakistan.

However, a steep correction, particularly in the broader market, has made valuations attractive for many companies with good growth potential. 

The valuation metrics such as price-to-earnings (P/E) and price-to-book (P/B) have come off sharply for many small- and mid-caps, making them good bets for long-term investors, say analysts.

Consider this: The P/E multiples of every two out of three BSE 500 stocks are currently lower than what they were a year ago. Also, the P/B ratios for small-caps and mid-caps have corrected by 25