India, March 15 -- Old Economy sectors like energy, utilities, and raw materials frequently trade at valuation multiples that sit well below those observed in high-growth technology or consumer markets. Investors often assign these lower PE ratios to reflect differing market expectations regarding future growth potential, capital intensity, and long-term risk profiles.

From government-mandated price caps in energy to the volatile and unpredictable cycles of global mining, these sectors below always see their stocks have a PE in a range much lower than the stocks of other industries.

Oil & Gas The Oil & Gas sector remains a cornerstone of the global economy, yet its stocks frequently trade at single-digit multiples that are significantl...