Stocks 9th Mar '22 Small Caps Chart showing S&P Small Cap forward P/E valuation. January 2022 recorded the lowest P/E in over 27 years for this index. Historically, as the chart shows, this bodes well for future strong performance. Source. Click to share on Twitter (Opens in new window)Click to email a link to a friend (Opens in new window)Click to share on LinkedIn (Opens in new window)