Low P/B Stocks India 2026
Price-to-Book (P/B) ratio measures market value against accounting net assets. Stocks trading below 1× P/B mean the market values the company less than its book assets. This is common in PSU banks (NPA concerns), commodity companies (cyclical lows), and capital-intensive businesses. Low P/B can signal undervaluation — or hidden risks like unrecognized bad loans and obsolete assets.
Expert note: P/B below 1 means the market values the company at less than its net assets. This seems like a bargain — but often reflects market distrust of stated asset values (e.g., PSU bank NPAs, outdated manufacturing assets). Always ask: why is it cheap? Is it temporary or structural?
| # | Company | Sector | LTP | 30D Trend | Market Cap | P/E | ROE % | Rev YoY | Profit YoY |
|---|---|---|---|---|---|---|---|---|---|
| 1 | JSWHL | — | ₹11,273 | ₹12,512 Cr | 91.4 | — | — | — | |
| 2 | RPOWER | Power | ₹17.89 | ₹7,399 Cr | — | -2.1% | — | — | |
| 3 | GSFC | — | ₹148 | ₹5,897 Cr | 8.6 | 5.5% | — | — | |
| 4 | MAHSCOOTER | — | ₹12,286 | ₹14,041 Cr | 50.9 | 1.1% | — | — | |
| 5 | GICRE | Financial Services | ₹327.2 | ₹57,404 Cr | 6.5 | 9.1% | +7.3% | +25.2% | |
| 6 | SAMMAANCAP | Financial Services | ₹125.8 | ₹14,413 Cr | — | -35.0% | — | — | |
| 7 | ZEEL | Media | ₹73.13 | ₹7,024 Cr | 33.9 | 2.3% | — | — | |
| 8 | BENGALASM | — | ₹5,920 | ₹6,751 Cr | 8.8 | 8.1% | — | — | |
| 9 | BANKINDIA | Financial Services | ₹136.78 | ₹62,271 Cr | 5.1 | 13.7% | — | +14.2% | |
| 10 | CENTRALBK | Financial Services | ₹30.97 | ₹28,032 Cr | 6.1 | 11.6% | — | — | |
| 11 | LICHSGFIN | Financial Services | ₹511.5 | ₹28,136 Cr | 5.0 | 14.4% | — | — | |
| 12 | BANKBARODA | Banking | ₹238.2 | ₹1.23 L Cr | 6.6 | 11.3% | — | +2.2% | |
| 13 | ELEVATE | — | ₹313.9 | ₹5,290 Cr | 26.2 | 21.0% | — | — | |
| 14 | ONGC | Oil & Gas | ₹225 | ₹2.83 L Cr | 6.4 | 12.7% | -1.0% | -7.6% | |
| 15 | TATACHEM | Chemicals | ₹637.65 | ₹16,245 Cr | — | -7.7% | — | — | |
| 16 | PFC | Financial Services | ₹332.4 | ₹1.10 L Cr | 4.2 | 20.5% | — | +15.6% | |
| 17 | DBL | — | ₹394.4 | ₹6,407 Cr | 5.1 | 22.9% | — | — | |
| 18 | NIACL | Financial Services | ₹174.01 | ₹28,677 Cr | 38.4 | 3.4% | — | — | |
| 19 | EMBDL | — | ₹53.68 | ₹7,462 Cr | — | -9.1% | — | — | |
| 20 | GRINFRA | — | ₹780.1 | ₹7,548 Cr | 7.4 | 10.1% | — | — | |
| 21 | IOC | Oil & Gas | ₹130.25 | ₹1.84 L Cr | 5.3 | 21.0% | +3.7% | +183.9% | |
| 22 | CANBK | Financial Services | ₹122 | ₹1.11 L Cr | 5.3 | 15.1% | — | +12.7% | |
| 23 | BIRLACORPN | — | ₹791.65 | ₹6,096 Cr | 11.2 | 7.8% | — | — | |
| 24 | PNB | Banking | ₹121.9 | ₹1.40 L Cr | 6.1 | 15.0% | — | +1.6% | |
| 25 | UCOBANK | Financial Services | ₹23.61 | ₹29,606 Cr | 10.0 | 8.9% | — | — | |
| 26 | SUNFLAG | — | ₹410.9 | ₹7,405 Cr | 37.7 | 2.3% | — | — | |
| 27 | J&KBANK | Financial Services | ₹139.35 | ₹15,345 Cr | 6.4 | 14.6% | — | — | |
| 28 | NSLNISP | Metal | ₹40.22 | ₹11,787 Cr | 138.8 | 0.5% | — | — | |
| 29 | KAMAHOLD | — | ₹2,249 | ₹7,217 Cr | 6.6 | 12.9% | — | — | |
| 30 | GNFC | — | ₹546.25 | ₹8,027 Cr | 8.0 | 9.1% | — | — | |
| 31 | INDIACEM | Cement | ₹294.35 | ₹9,122 Cr | 101.4 | -0.7% | — | — | |
| 32 | ABFRL | Consumer Services | ₹43.15 | ₹5,250 Cr | — | -12.7% | — | — | |
| 33 | UNIONBANK | Financial Services | ₹180.7 | ₹1.38 L Cr | 6.3 | 15.8% | — | +3.9% | |
| 34 | TMPV | Auto | ₹278 | ₹1.02 L Cr | — | -1.1% | +17.2% | +1390.8% | |
| 35 | TATAMOTORS | Auto | ₹279.4 | ₹1.03 L Cr | 9.2 | 31.8% | — | — | |
| 36 | KTKBANK | — | ₹329.65 | ₹12,474 Cr | 8.7 | 10.4% | — | — | |
| 37 | MONEYVIEW | — | ₹56.22 | ₹9,896 Cr | 29.8 | 13.6% | — | — | |
| 38 | RAIN | — | ₹224.09 | ₹7,537 Cr | 14.3 | 8.6% | — | — | |
| 39 | RECLTD | Financial Services | ₹302.35 | ₹79,616 Cr | 5.1 | 20.0% | — | +3.6% | |
| 40 | IRB | Construction | ₹17.37 | ₹20,979 Cr | 22.3 | 4.2% | — | — | |
| 41 | NCC | Construction | ₹127.8 | ₹8,024 Cr | 11.3 | 9.3% | — | — | |
| 42 | PSB | — | ₹21.27 | ₹15,092 Cr | 10.9 | 9.8% | — | — | |
| 43 | DCBBANK | — | ₹210.38 | ₹6,778 Cr | 8.6 | 12.0% | — | — | |
| 44 | INDUSINDBK | Banking | ₹863.2 | ₹67,256 Cr | 51.9 | 1.4% | — | -64.7% | |
| 45 | BANDHANBNK | Financial Services | ₹163.8 | ₹26,391 Cr | 20.0 | 4.9% | — | — | |
| 46 | YESBANK | Financial Services | ₹16.88 | ₹52,986 Cr | 14.7 | 7.5% | — | +44.5% | |
| 47 | TATAINVEST | Financial Services | ₹604.5 | ₹30,585 Cr | 104.3 | 1.4% | — | — | |
| 48 | ACC | Cement | ₹1,167.8 | ₹21,930 Cr | 11.7 | 10.9% | — | — | |
| 49 | JMFINANCIL | Financial Services | ₹117.24 | ₹11,220 Cr | 11.2 | 11.1% | — | — | |
| 50 | CSBBANK | — | ₹312.5 | ₹5,311 Cr | 8.1 | 13.5% | — | — |
Prices as of 19 Oct 2026. P/E and ROE shown for top 200 companies by market cap (updated quarterly). Click any company for detailed profile, news, and 1-year chart.