Low PE Ratio Stocks in India
50 stocks · NSE & BSE · Updated daily
Identify fundamentally sound companies trading at a discount. Our Low PE Stocks screener filters for large and mid-cap Indian equities with Price-to-Earnings ratios below their industry average. These are stocks where earnings growth outpaces their current market valuation, signaling potential upside.
This curated list focuses on companies demonstrating consistent profitability, a crucial indicator of business resilience. By examining P/E ratios against sector benchmarks, we pinpoint potential value traps versus genuine bargains. The inclusion of ROE and market capitalization ensures a focus on established businesses with a track record of shareholder returns, rather than speculative micro-caps. These selections are ideal for investors seeking to capitalize on market inefficiencies and build a robust portfolio.
What to watch on this page
Low valuation becomes interesting only when paired with credible earnings, manageable debt, cash-flow support, and a reasonable explanation for market mispricing. Ask not only 'How cheap is it?' but 'Why is it cheap, and is that reason fading or getting worse?'
| # | Company | Price | 1D Change | P/E | Market Cap | Score |
|---|---|---|---|---|---|---|
| 1 | Ashoka Buildcon Limited Civil Construction | ₹104.39 | +3.92% | 1.1x | ₹3K Cr | 58 |
| 2 | Tata Motors Ltd Passenger Cars & Utility Vehicles | ₹363.25 | +0.00% | 1.4x | ₹123K Cr | |
| 3 | Mukand Limited Iron & Steel | ₹149.36 | +2.79% | 3.4x | ₹2K Cr | |
| 4 | Sun Pharma Advanced Research Company Limited Pharmaceuticals | ₹185.33 | +5.46% | 3.8x | ₹6K Cr | |
| 5 | Websol Energy System Limited Other Electrical Equipment | ₹68.58 | +2.13% | 4.0x | ₹3K Cr | |
| 6 | Power Finance Corporation Limited Financial Institution | ₹322.50 | +1.42% | 4.1x | ₹106K Cr | |
| 7 | V2 Retail Limited Speciality Retail | ₹149.13 | -9.41% | 4.2x | ₹5K Cr | |
| 8 | Repco Home Finance Limited Housing Finance Company | ₹328.20 | +2.31% | 4.3x | ₹2K Cr | |
| 9 | PNC Infratech Limited Civil Construction | ₹128.33 | +2.48% | 4.5x | ₹3K Cr | |
| 10 | REC Limited Financial Institution | ₹287.00 | +0.88% | 4.7x | ₹76K Cr | |
| 11 | LIC Housing Finance Limited Housing Finance Company | ₹520.00 | +2.98% | 5.0x | ₹29K Cr | |
| 12 | Dilip Buildcon Limited Civil Construction | ₹398.75 | +4.85% | 5.1x | ₹6K Cr | |
| 13 | Vedanta Limited Diversified Metals | ₹257.35 | +4.23% | 5.1x | ₹101K Cr | |
| 14 | Bank of India Public Sector Bank | ₹133.90 | +0.55% | 5.2x | ₹61K Cr | |
| 15 | Gujarat Industries Power Company Limited Power Generation | ₹170.02 | +5.02% | 5.2x | ₹3K Cr | |
| 16 | Canara Bank Public Sector Bank | ₹118.32 | +0.70% | 5.3x | ₹107K Cr | |
| 17 | Angel One Limited Stockbroking & Allied | ₹312.10 | +0.55% | 5.3x | ₹29K Cr | |
| 18 | Chennai Petroleum Corporation Limited Refineries & Marketing | ₹1566.90 | +1.71% | 5.6x | ₹23K Cr | |
| 19 | Panama Petrochem Limited Lubricants | ₹458.35 | -1.61% | 5.8x | ₹3K Cr | |
| 20 | The Jammu & Kashmir Bank Limited Private Sector Bank | ₹121.23 | +0.34% | 5.8x | ₹13K Cr | |
| 21 | Indian Oil Corporation Limited Refineries & Marketing | ₹142.03 | +2.42% | 5.8x | ₹201K Cr | |
| 22 | Central Bank of India Public Sector Bank | ₹29.90 | +1.74% | 5.9x | ₹27K Cr | |
| 23 | The Great Eastern Shipping Company Limited Shipping | ₹1571.80 | +2.30% | 6.0x | ₹22K Cr | |
| 24 | Samhi Hotels Limited Hotels & Resorts | ₹158.18 | +2.72% | 6.1x | ₹4K Cr | |
| 25 | India Glycols Limited Breweries & Distilleries | ₹309.20 | -4.49% | 6.3x | ₹2K Cr | |
| 26 | Punjab National Bank Public Sector Bank | ₹122.42 | +1.20% | 6.4x | ₹141K Cr | |
| 27 | Bansal Wire Industries Limited Iron & Steel Products | ₹59.68 | -0.57% | 6.6x | ₹5K Cr | |
| 28 | General Insurance Corporation of India General Insurance | ₹323.85 | +1.54% | 6.7x | ₹64K Cr | |
| 29 | Oil & Natural Gas Corporation Limited Oil Exploration & Production | ₹235.00 | +1.22% | 6.8x | ₹296K Cr | |
| 30 | Union Bank of India Public Sector Bank | ₹183.89 | +0.38% | 6.8x | ₹140K Cr | |
| 31 | The Bombay Burmah Trading Corporation Limited Packaged Foods | ₹1274.20 | +2.23% | 6.9x | ₹9K Cr | |
| 32 | Satin Creditcare Network Limited Microfinance Institutions | ₹256.69 | +5.89% | 6.9x | ₹3K Cr | |
| 33 | Bank of Baroda Public Sector Bank | ₹245.37 | +0.85% | 7.0x | ₹127K Cr | |
| 34 | Housing & Urban Development Corporation Limited Financial Institution | ₹153.06 | +5.84% | 7.2x | ₹31K Cr | |
| 35 | GHCL Limited Commodity Chemicals | ₹407.30 | +1.07% | 7.3x | ₹4K Cr | |
| 36 | G R Infraprojects Limited Civil Construction | ₹768.65 | +0.61% | 7.3x | ₹7K Cr | |
| 37 | Shrem Invit Civil Construction | ₹118.00 | +0.00% | 7.5x | ₹6K Cr | |
| 38 | Authum Investment & Infrastructure Limited Non Banking Financial Company (NBFC) | ₹515.95 | -2.20% | 7.5x | ₹44K Cr | |
| 39 | Bharat Petroleum Corporation Limited Refineries & Marketing | ₹304.70 | +2.63% | 7.6x | ₹130K Cr | |
| 40 | Bank of Maharashtra Public Sector Bank | ₹79.61 | -1.23% | 7.6x | ₹61K Cr | |
| 41 | DCB Bank Limited Private Sector Bank | ₹189.55 | +2.56% | 7.7x | ₹6K Cr | |
| 42 | Shipping Corporation Of India Limited | ₹268.07 | +3.49% | 7.7x | ₹12K Cr | |
| 43 | D.B.Corp Limited Print Media | ₹154.88 | +4.73% | 7.8x | ₹3K Cr | |
| 44 | Coal India Limited Coal | ₹399.65 | -2.05% | 7.9x | ₹246K Cr | |
| 45 | CSB Bank Limited Private Sector Bank | ₹303.00 | +2.62% | 7.9x | ₹5K Cr | |
| 46 | Tamilnad Mercantile Bank Limited Private Sector Bank | ₹800.20 | +2.03% | 8.0x | ₹13K Cr | |
| 47 | PTC India Limited Power Trading | ₹140.18 | +2.52% | 8.2x | ₹4K Cr | |
| 48 | EFC (I) Limited Diversified Commercial Services | ₹164.95 | -0.42% | 8.2x | ₹2K Cr | |
| 49 | The Karnataka Bank Limited Private Sector Bank | ₹310.90 | +1.83% | 8.2x | ₹12K Cr | |
| 50 | Chambal Fertilizers & Chemicals Limited Fertilizers | ₹394.15 | +3.26% | 8.2x | ₹16K Cr |
Frequently Asked Questions
Are low PE stocks better value by default?
No. Low PE can signal opportunity, but it can just as easily signal weak quality, cyclical risk, or deteriorating market confidence in the business's future earnings.
What should investors compare alongside PE ratio?
ROE, debt levels, free cash flow, earnings stability, sector cycle position, and how the business is valued relative to its own history and direct peers. PE in isolation is almost meaningless.
Which sectors typically have low PE stocks in India?
PSU banks, metals, utilities, and public sector enterprises often trade at lower PE multiples — reflecting sector headwinds, cyclicality, or structural discounting of government ownership.
What PE is considered low in the Indian stock market?
In India, a PE below 10-12x is often considered low relative to the broader market. However, sector averages vary significantly — 8x may be normal for a PSU bank but extremely cheap for an FMCG company.