Best Low P/E Ratio Stocks in India 2024

Low PE Ratio Stocks in India 2022 PE ratio is an indicator which tells about the valuation of a stock, meaning whether a stock is cheap to buy or costly to buy. Investors usually look for PE ratio to assess the worth of a stock.   PE ratio has an investment significance, companies having the growth trajectory usually have high ratio. This simply indicates that people are ready to buy the winning horse of the stock market by buying it costly. Similarly,very low PE ratio indicates there is no growth in the company and investing in the company may be a risky venture.Apart from seeing the PE ratio of a company, people need to also see the industry PE ratio because that will also highlight the status of peers and the industry in general and what is the position of the company in consideration when it is compared with the peers. The list below highlights the stocks having low PE ratio so that readers may identify the good stocks which are having low PE ratios yet provides an opportunity for investment.

List of Low PE stocks

NameCMP Rs.P/EMar Cap Rs.Cr.Div Yld %CMP / BV
Elcid Investment5.3500.11272.730
Sunrise Indl.5.790.070.2900
Unichem Labs.370.41.33368.310.810.91
Claris Lifescien387.71.342115.590.520.83
Taparia Tools55.751.3516.9200.17
R J Shah & Co287.71.758.063.470.39
Aneri Fincap5.031.881.5200.31
Zylog Systems3.92.9223.010-
Comfort Comtrade11.423.1211.441.750.76
J R Foods3.813.233.6200.5
Poona Dal & Oil64.753.6136.9701.04
JPT Securities193.765.7200.59
Paragon Finance26.154.2711.1100.51
Nath Pulp & Pap46.154.3741.540-
Simran Farms1444.4554.5803.03
Ind-Agiv Commer.25.74.592.5701.07
Dhampur Sugar204.854.621359.952.931.63
Manaksia64.14.65420.1800.47
Gagan Polycot3.664.693.6600.24
Indian Metals620.454.71673.793.221.37
Dalmia Bharat109.84.78888.831.821.06
Kothari Sugars16.85.16139.262.981.05
Datasoft Applica0.515.330.1600.15
Nalin Lease Fin.24.75.48.0500.72
Rajshree Sugars41.85.51117.742.391.71
Rural Elec.Corp.149.955.7729613.96.440.8
Nyssa Corp.1.363.900.17
HB Stockholdings48.056.09114.3100.72
Balrampur Chini120.46.12829.742.911.57
Enterprise Intl.10.936.153.2600.4
C P C L376.46.195605.036.371.38
Gyan Developers6.596.61.9800.5
Sheraton Proper.10.986.61.3200.38
Lancor Holdings30.856.64124.940.650.81
Speedage Comm.9.56.640.9300.53
Shervani Indl Sy588.96.66183.500.83
Frontline Sec.73.256.6752.640.681.04
Natl. Steel&Agro38.557.03171.5500.47
Guj Inds. Power122.357.181850.542.210.77
Shreyans Inds.171.77.22237.290.871.66
EID Parry326.457.4757781.221.79
Lak. Fin. & Indl112.97.5133.873.10.81
GHCL306.97.562989.921.661.83
Amco India41.657.6417.1200.64
Integ. Capital5.17.7918.4401.59
Trishakti Elect.14.77.84.3700.5
Prime Securities51.558.01136.6909.9
Maithan Alloys848.38.092469.530.293.11
M R P L118.758.0920812.135.051.77
Bluechip Tex Ind1528.1829.940.992.12
Uflex389.358.332811.50.90.73
Swasti Vin. Art78.41282.862.46
PTL Enterprises53.258.47352.452.352.26
Karnataka Bank135.958.483842.052.940.76
Gothi Plascon16.758.7617.0902.17
IRB Infra.Devl.221.98.797798.682.251.31
N R Agarwal Inds466.48.83793.770.433.45
Zodiac-JRD MKJ479.0524.351.060.36
Sh. Steel Wire189.175.9600.62
Eros Intl.Media198.559.21878.8500.86
VTM309.21120.682.50.86
West Coast Paper2729.211796.560.922.29
Comfort Fincap15.659.2316.981.280.58
I O C L378.659.261,83,868.845.021.59
Cosmo Films318.659.27619.463.141.05
Kamat Hotels120.159.31283.310-
Vedanta316.39.411,17,574.854.91.71
TTI Enterprise1.199.443.0200.11
Reliance Capital494.79.5412501.32.130.77
Amarjothi Spg.151.159.73102.031.320.96
Tata Chemicals700.759.817852.311.571.9
Pondy Oxides573.959.82320.030.523.63
Sintex Inds.22.359.851319.621.030.33
Guj. Automotive306.959.8853.7201.46
Union Qual. Pla.39.259.9918.980-
TCFC Finance359.9936.6800.45
Seshasayee Paper916.5510.051155.771.091.84
Hindustan Media24310.061783.380.491.37
Firstsour.Solu.44.0510.113019.9701.34
A K Spintex39.2510.1319.7501.23
JK Paper140.810.172471.050.951.64
Bajaj Holdings2693.810.1729979.31.211.48
Tainwala Chem.106.710.1999.8701.87
Kellton Tech130.6510.28618.8502.78
Vinyoflex42.3510.3318.2901.24
Gogia Capital26.2510.348.2700.55
Century Enka329.210.35719.32.130.79
Hinduja Global934.410.421943.481.071.31
Polyspin Exports12510.42500.962.03
Orient Paper40.4510.5858.292.471.59
Rajdarshan Inds1910.555.9100.3
Vardhman Acrylic47.5510.58382.133.151.17
Everlon Synth17.210.639.6701.62
GeeCee Vent.138.1510.87300.1500.8
Pion. Agro Extr.8.8110.893.8103.26
Tata Coffee138.811.052592.371.262.12
Ausom Enter.93.511.11127.3502.31
Gallantt Metal40.2511.22327.3100.88
Supertex Inds.7.2511.268.2200.29
Trigyn Techno.147.311.33440.460-
Nitin Spinners110.311.37609.070.92.07
DCM Shriram543.411.388825.691.092.8
KLG Capital18.1511.395.8100.78
DHP India570.611.47171.180.353.12
Redington India141.911.495678.453.031.63
Rockon Enterp.1.5511.642.5600.16
Kalyani Steels328.311.731433.361.531.73
I D F C53.2511.768500.590.470.75
Inox Wind123.8511.772748.4601.34
Dolat Investment10.6411.83187.2602.05
APM Inds.62.311.83134.643.30.94
Basant Agro Tech7.5611.9768.490.660.64
Narmada Gelatine171.4512.07103.722.330.89
Swasti Vinayaka4.1812.0929.262.152.99
Arihant Capital149.712.11311.710.52.59
Prakash Inds.211.612.273264.3201.33
Saksoft243.812.28255.381.231.72
BNK Capital124.112.34124.11.212.15
Power Grid Corpn193.212.41,01,074.322.251.8
SREI Infra. Fin.81.7512.454112.760.610.79
Talwal.Better301.412.54934.490.481.72
Rammaica (India)17.712.5916.8701.85
Reliance Power44.912.5912595.0200.57
Dhanlaxmi Fabric32.612.6327.9700.61
Manappuram Fin.104.3512.758785.881.442.28
Ajmera Realty267.612.82949.441.121.72
Reliance Infra.451.512.84118742.010.48
GIC Housing Fin408.9512.872202.21.222.29
Archana Software2.14131.300.52
LIC Housing Fin.511.8513.0525830.511.212.06
Auro Labs.98.1513.1261.1504.83
Sutlej Textiles84.5513.141385.171.541.51
Vardhman Textile1319.6513.157573.61.111.61
Tata Motors368.7513.21,17,002.0501.8
Avantel605.513.27245.50.336.45
Dewan Hsg. Fin.514.4513.2816136.180.781.82
TGV Sraac6313.39578.4401.55
Prime Urban21.1513.5556.351.891.79
Guj Alkalies742.9513.65456.220.671.49
Natl.Fertilizer65.213.663198.5801.62
Guj. Intrux113.7513.6639.0800.97
P.M. Telelinnks2.3213.772.3400.39
Compuage Info.46.713.87274.320.862.08
BDH Inds.77.613.9744.72.581.47
Tata Sponge Iron1047.313.981612.841.051.68
Porwal Auto Comp50.5514.0676.330.991.32
Thirumalai Chem.206414.12113.540.914.93
Dynamic Archist.12.514.236.2600.32
Aurobindo Pharma589.514.2334537.770.423.07
Ashirwad Cap.2.7814.2611.121.44-
Samkrg Pistons308.114.36302.551.462.4
MPS572.8514.461066.4702.65
Filatex India19814.63861.302.6
Sasken Technol.694.914.771188.981.011.97
ION Exchange509.1514.85746.750.692.33
Torrent Power268.514.8812904.560.821.69
Maan Aluminium150.414.95101.680.332.89
HCL Technologies96414.971,34,208.172.553.4
Computer Point1.1514.993.4500.1
Astra Microwave105.5514.99914.190.951.88
Coral India Fin.37.0515.1184.80.541.93
Sarla Performanc62.715.14523.561.751.63
Bliss GVS Pharma204.9515.172113.030.293.61
Haryana Capfin47.615.2224.800.67
Infosys1109.1515.342,42,248.582.442.98
IZMO104.8515.46134.4400.72
Alufluoride117.915.4882.5303.04
Lincoln Pharma.223.115.5446.20.542.05
Kaveri Seed Co.478.5515.853162.8402.52
Salasar Techno326.115.85432.9703.74
Jagran Prakashan168.9515.985261.31.862.2
Indiabulls Hous.1288.415.9954954.872.083.79
Garware Polyest182.2516.01424.920.550.81
Poddar Pigments298.2516.01316.441.172.23
Munjal Showa235.116.08940.281.71.68
SMIFS Cap. Mkt.53.616.1129.961.860.3
Coral Labs.629.516.13224.730.792.39
Gloster669.116.14700.341.123.14
Mazda384.3516.34163.731.91.39
Rajratan Global594.116.39258.430.252.57
Deepak Fert.361.616.433189.311.661.73
Reliance Home79.2516.573844.0903.14
Odyssey Tech.39.8516.5835.3102.23
Ganesh Benzopl.83.716.59433.570-
Ram Ratna Wires185.416.66407.880.673.61
Cupid290.116.72322.451.384.91
South Ind.Bank27.516.794974.291.451.03
JSW Steel309.3516.7974776.710.732.89
Sanwaria Consum.18.4516.971358.10.143.09
Sam Inds.23.5517.0726.1100.64
UPL708.3517.3236010.460.994.18
Paisalo Digital253.4517.41027.990.391.68
Emk.Global Fin.200.3517.54491.540.53.09
Jay Bharat Mar.499.2517.581081.380.53.13
OCL India131917.627505.110.422.81
Mastek476.6517.621127.410.732.83
D B Corp317.4517.645841.011.263.14
Link Pharma Chem41.617.7618.4701.79
Goa Carbon911.117.78833.660.496.9
Guj.St.Petronet202.517.8911417.120.742.28

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