1year Fwd PE - on the recommendation date.
Yes this will be included from here on with all Reccos - to indicate a certain measure of safety at the time of Recco. It was added retrospectively for the earlier Reccos (wrt recco date) - again to indicate how Mr Market gave us excellent opportunities in last few years.
A 6x Fwd PE against Mayur Uniquoters indicates it was available at 6 PE on the reccomendation date viz. 10th Feb 2011.It does not mean it is today available at 6x PE. In our experience we have seen a consistently growing business (undiscovered, or where where Mr Market is still undecided/poorly-informed) being available at entry valuations multiple times in its journey. A good example will be Kaveri Seeds being available at 10x for extended periods so many times in last 3 years, including very recently.
For better-informed decision-making, we have found it useful to keep this metric in our head along with the Fair PE band metric.
We might not be as lucky in coming years. For outsized performance to happen - Mr Market must be handing out great opportunities! We may or may not get them now or in near future.