All curated lists
Best Low P/E Stocks India 2026
Low P/E (Price-to-Earnings) ratio can indicate undervaluation — but it can also signal a 'value trap' (declining business). Use low P/E as a starting point for research, not a buy signal. Combine with ROE, debt levels, and earnings growth to find genuine value.
Expert note: PSU banks, oil & gas, and metal stocks often have low P/E due to cyclical earnings. Check if the company's earnings are stable or peaking before assuming low P/E = bargain.
50
Companies listed
₹9.68 L Cr
Largest by market cap
₹14
Lowest price
₹3094
Highest price
| # | Company | Sector | LTP | 30D Trend | Market Cap | P/E | ROE % | Rev YoY | Profit YoY |
|---|---|---|---|---|---|---|---|---|---|
| 1 | ZFCVINDIA | Auto | ₹2,616.9 | ₹29,782 Cr | 2.9 | 15.0% | — | — | |
| 2 | IDEA | Telecom | ₹14.07 | ₹1.52 L Cr | 4.0 | — | +2.8% | +225.7% | |
| 3 | CHENNPETRO | Oil & Gas | ₹1,440.3 | ₹21,448 Cr | 4.7 | 32.1% | — | — | |
| 4 | PFC | Financial Services | ₹374.45 | ₹1.24 L Cr | 4.8 | 20.5% | — | +15.6% | |
| 5 | LICHSGFIN | Financial Services | ₹497 | ₹27,338 Cr | 4.8 | 14.4% | — | — | |
| 6 | GESHIP | Services | ₹1,315.5 | ₹18,781 Cr | 4.9 | 18.9% | — | — | |
| 7 | BANKINDIA | Financial Services | ₹141.7 | ₹64,511 Cr | 5.3 | 13.7% | — | +14.2% | |
| 8 | RECLTD | Financial Services | ₹337 | ₹88,740 Cr | 5.5 | 20.0% | — | +3.6% | |
| 9 | IOC | Oil & Gas | ₹136.3 | ₹1.92 L Cr | 5.7 | 21.0% | +3.7% | +183.9% | |
| 10 | CANBK | Financial Services | ₹129.08 | ₹1.17 L Cr | 6.0 | 15.9% | — | +12.7% | |
| 11 | PNB | Banking | ₹117.48 | ₹1.35 L Cr | 6.1 | 15.0% | — | +1.6% | |
| 12 | CENTRALBK | Financial Services | ₹30.91 | ₹27,978 Cr | 6.2 | 11.6% | — | — | |
| 13 | ONGC | Oil & Gas | ₹238 | ₹2.99 L Cr | 6.8 | 12.7% | -1.0% | -7.6% | |
| 14 | UNIONBANK | Financial Services | ₹186.9 | ₹1.43 L Cr | 6.9 | 15.8% | — | +3.9% | |
| 15 | GICRE | Financial Services | ₹359.6 | ₹63,088 Cr | 7.0 | 9.1% | +7.3% | +25.2% | |
| 16 | BANKBARODA | Banking | ₹245 | ₹1.27 L Cr | 7.1 | 11.3% | — | +2.2% | |
| 17 | JSWDULUX | Consumer Durables | ₹3,094.2 | ₹14,424 Cr | 7.3 | — | — | — | |
| 18 | J&KBANK | Financial Services | ₹148.95 | ₹16,402 Cr | 7.4 | 14.6% | — | — | |
| 19 | SOUTHBANK | — | ₹45 | ₹11,782 Cr | 7.9 | 13.6% | — | — | |
| 20 | BBTC | FMCG | ₹1,445 | ₹10,082 Cr | 7.9 | 28.7% | — | — | |
| 21 | BPCL | Oil & Gas | ₹307 | ₹1.31 L Cr | 8.0 | 28.5% | +3.4% | +75.5% | |
| 22 | COALINDIA | Mining | ₹400 | ₹2.47 L Cr | 8.1 | 28.1% | -3.0% | +10.9% | |
| 23 | KTKBANK | — | ₹324.05 | ₹12,255 Cr | 8.2 | 10.4% | — | — | |
| 24 | MAHABANK | Financial Services | ₹79.82 | ₹61,394 Cr | 8.2 | 23.0% | — | +27.2% | |
| 25 | SCI | Services | ₹295.35 | ₹13,757 Cr | 8.4 | — | — | — | |
| 26 | LICI | Insurance | ₹413.1 | ₹2.61 L Cr | 8.7 | 40.8% | +10.1% | +19.2% | |
| 27 | HUDCO | Financial Services | ₹188.32 | ₹37,700 Cr | 8.9 | 20.2% | — | — | |
| 28 | OIL | Oil & Gas | ₹474.85 | ₹77,239 Cr | 9.1 | 12.7% | +4.0% | -27.1% | |
| 29 | TATAMOTORS | Auto | ₹322 | ₹3.59 L Cr | 9.2 | 31.8% | — | — | |
| 30 | CHAMBLFERT | Chemicals | ₹434.85 | ₹17,422 Cr | 9.2 | 20.4% | — | — | |
| 31 | TMB | — | ₹838.85 | ₹13,283 Cr | 9.3 | 14.5% | — | — | |
| 32 | INDIANB | Financial Services | ₹873.15 | ₹1.18 L Cr | 9.4 | 16.2% | — | +11.3% | |
| 33 | MRPL | Oil & Gas | ₹176.51 | ₹30,935 Cr | 9.5 | 14.2% | — | — | |
| 34 | IDBI | Financial Services | ₹80.72 | ₹86,793 Cr | 9.5 | 13.9% | — | +26.6% | |
| 35 | CANFINHOME | Financial Services | ₹817.65 | ₹10,887 Cr | 9.7 | 19.7% | — | — | |
| 36 | NMDC | Metal | ₹83.35 | ₹73,280 Cr | 10.0 | 23.4% | +33.3% | +10.9% | |
| 37 | MUTHOOTFIN | Financial Services | ₹2,859 | ₹1.15 L Cr | 10.0 | 31.7% | — | +94.8% | |
| 38 | PETRONET | Oil & Gas | ₹288.15 | ₹43,223 Cr | 10.1 | 18.6% | — | — | |
| 39 | NATIONALUM | Metal | ₹386.55 | ₹70,995 Cr | 10.2 | 29.4% | +6.3% | +9.2% | |
| 40 | NTPC | Power | ₹336.55 | ₹3.26 L Cr | 10.4 | 13.7% | -2.7% | +17.9% | |
| 41 | SIGNATURE | Realty | ₹784.9 | ₹11,042 Cr | 10.9 | 84.9% | — | — | |
| 42 | DCMSHRIRAM | Diversified | ₹1,049.4 | ₹16,250 Cr | 11.2 | 11.6% | — | — | |
| 43 | IOB | Financial Services | ₹33.18 | ₹63,893 Cr | 11.3 | 16.5% | — | +56.2% | |
| 44 | NATCOPHARM | Healthcare | ₹886.85 | ₹15,884 Cr | 11.4 | 16.9% | — | — | |
| 45 | SBIN | Banking | ₹1,048.6 | ₹9.68 L Cr | 11.4 | 15.2% | — | +12.9% | |
| 46 | UCOBANK | Financial Services | ₹25.68 | ₹32,202 Cr | 11.6 | 8.5% | — | — | |
| 47 | NLCINDIA | Power | ₹268.05 | ₹37,169 Cr | 11.6 | 16.0% | — | — | |
| 48 | GAIL | Oil & Gas | ₹172.5 | ₹1.13 L Cr | 11.6 | 8.7% | +1.0% | -38.4% | |
| 49 | JMFINANCIL | Financial Services | ₹126.3 | ₹12,086 Cr | 11.7 | 11.1% | — | — | |
| 50 | KARURVYSYA | Financial Services | ₹331.05 | ₹32,002 Cr | 11.7 | 19.3% | — | — |
Prices as of 19 Aug 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.