Good evening :)

Top Low PE Ratio Stocks in India (2026)

Low PE ratio stocks in India trade at valuations that are lower relative to their earnings compared to broader market averages. The Nifty 50 has historically traded at a premium multiple, while several listed companies across sectors quote at single-digit or low-teens PE ratios. Such valuations may reflect cyclical slowdowns, sector-specific pressures, or company-level challenges, making the PE ratio a widely tracked metric in fundamental stock analysis.

Top Low Pe Ratio Stocks in 2026

Low PE Ratio Stocks Screener

List of Low PE ratio stocks listed in NSE.

Created by

@tickertapetickertape

Showing 1 - 20 of 2907 results

last updated at 6:30 AM IST 
NameStocks (2907)↓↓Sub-SectorSub-Sector↓↓Market CapMarket Cap↓↓Close PriceClose Price↓↓PE RatioPE Ratio↓↓1D Return1D Return↓↓1M Return1M Return↓↓6M Return6M Return↓↓1Y Return1Y Return↓↓PB RatioPB Ratio↓↓Return on EquityReturn on Equity↓↓ROCEROCE↓↓Dividend YieldDiv Yield↓
1.HDFC Bank LtdHDFCBANKPrivate BanksPrivate Banks13,53,421.4413,53,421.44868.65868.6519.1219.12-1.22-1.22-8.82-8.82-9.63-9.631.601.602.512.5114.0514.055.705.701.241.24
2.State Bank of IndiaSBINPublic BanksPublic Banks10,98,351.1910,98,351.191,174.501,174.5014.1614.16-1.29-1.2910.4610.4645.1145.1164.0264.022.172.1716.5816.585.635.631.291.29
3.ICICI Bank LtdICICIBANKPrivate BanksPrivate Banks9,83,459.739,83,459.731,365.401,365.4019.2719.27-0.63-0.63-2.21-2.21-2.85-2.8512.8112.812.992.9917.0417.047.247.240.800.80
4.Tata Consultancy Services LtdTCSIT Services & ConsultingIT Services & Consulting9,45,587.179,45,587.172,587.802,587.8019.4819.48-0.98-0.98-15.95-15.95-16.41-16.41-26.73-26.739.879.8751.9051.9062.5962.594.824.82
5.Life Insurance Corporation Of IndiaLICIInsuranceInsurance5,32,533.185,32,533.18828.05828.0511.0211.02-1.65-1.65-1.10-1.10-5.70-5.7012.9412.944.184.1845.9345.931.001.001.431.43
6.Infosys LtdINFYIT Services & ConsultingIT Services & Consulting5,21,541.365,21,541.361,307.401,307.4019.5219.521.441.44-16.06-16.06-10.64-10.64-22.56-22.565.425.4228.9328.9336.2336.233.423.42
7.Axis Bank LtdAXISBANKPrivate BanksPrivate Banks4,26,365.654,26,365.651,351.301,351.3015.2015.20-1.53-1.53-1.02-1.0228.6528.6534.8934.892.272.2716.2516.257.547.540.070.07
8.Kotak Mahindra Bank LtdKOTAKBANKPrivate BanksPrivate Banks4,10,888.144,10,888.14403.35403.3518.5718.57-2.36-2.36-3.04-3.043.443.445.715.712.612.6115.3915.397.517.510.120.12
9.ITC LtdITCFMCG - TobaccoFMCG - Tobacco3,94,545.433,94,545.43311.95311.9511.3511.35-0.94-0.94-0.42-0.42-24.99-24.99-21.00-21.005.605.6047.8347.8357.0057.004.554.55
10.NTPC LtdNTPCPower GenerationPower Generation3,66,097.633,66,097.63365.80365.8015.6315.63-3.11-3.110.770.7710.8310.8316.5916.591.921.9213.1513.1510.7710.772.212.21
11.Oil and Natural Gas Corporation LtdONGCOil & Gas - Exploration & ProductionOil & Gas - Exploration & Production3,55,015.483,55,015.48276.95276.959.809.80-1.86-1.866.346.3417.4917.4922.1322.130.950.959.879.8711.4511.454.344.34
12.Vedanta LtdVEDLMetals - DiversifiedMetals - Diversified2,82,697.532,82,697.53701.00701.0018.8618.86-3.09-3.092.302.3060.8960.8972.3472.345.265.2631.2831.2829.1129.116.026.02
13.Power Grid Corporation of India LtdPOWERGRIDPower Transmission & DistributionPower Transmission & Distribution2,76,041.922,76,041.92291.95291.9517.7817.78-1.63-1.631.721.723.603.6014.9414.942.982.9817.2617.2612.4012.403.033.03
14.Coal India LtdCOALINDIAMining - CoalMining - Coal2,62,686.292,62,686.29435.15435.157.437.432.092.090.710.7111.1611.1619.6019.602.632.6338.5338.5324.7124.716.226.22
15.Indian Oil Corporation LtdIOCOil & Gas - Refining & MarketingOil & Gas - Refining & Marketing2,52,925.502,52,925.50170.44170.4418.6018.60-4.84-4.841.191.1922.0222.0244.3944.391.321.327.177.179.559.551.671.67
16.Hindalco Industries LtdHINDALCOMetals - AluminiumMetals - Aluminium2,10,172.292,10,172.29921.80921.8013.1313.13-1.94-1.94-4.39-4.3924.7324.7343.6643.661.701.7013.9213.9212.9612.960.530.53
17.Wipro LtdWIPROIT Services & ConsultingIT Services & Consulting2,08,023.762,08,023.76195.55195.5515.8415.84-1.52-1.52-15.10-15.10-20.17-20.17-30.16-30.162.502.5016.6116.6119.0219.023.023.02
18.Tata Motors LtdTMCVTrucks & BusesTrucks & Buses1,83,380.101,83,380.10470.75470.75-22,92,251.28-22,92,251.28-5.47-5.471.731.7342.8942.8942.8942.8991,69,005.1291,69,005.12---400.00-400.00--
19.Bank of Baroda LtdBANKBARODAPublic BanksPublic Banks1,63,001.341,63,001.34299.30299.307.877.87-5.04-5.045.265.2627.9427.9452.7752.771.101.1015.4315.437.477.472.662.66
20.Bharat Petroleum Corporation LtdBPCLOil & Gas - Refining & MarketingOil & Gas - Refining & Marketing1,62,607.191,62,607.19356.40356.4012.1912.19-4.91-4.91-4.92-4.9213.9013.9042.6142.612.002.0016.9916.9917.0517.052.632.63
Edit Filters

Analyse Low Pe Ratio Stocks Further

Visit 'Low Pe Ratio Stocks' FurtherScreener

Disclaimer: Please note that the above table is for informational purposes only, and is not recommendatory. Please do your own research or consult your financial advisor before investing. The data is derived from Tickertape Stock Screener and is subject to real-time updates.

Selection criteria: PE Ratio (%) : Low, and is sorted based market cap.

Overview of Low PE Ratio Stocks

HDFC Bank Ltd

HDFC Bank Ltd is India's largest private sector bank offering retail, wholesale, and treasury banking services. Incorporated in 1994 and operational from 1995, the Mumbai-based NSE-listed bank merged with HDFC Ltd in July 2023, becoming India's second-largest bank after SBI with 9,616 branches, 21,176 ATMs across 4,170 cities, and 10th largest bank globally by market capitalisation.

Life Insurance Corporation Of India

State Bank of India is India's largest public sector bank and oldest commercial bank, tracing back to the Bank of Calcutta, established in 1806. Formed as Imperial Bank in 1921 and nationalised in 1955, the Mumbai-based Fortune 500 company operates 22,500+ branches, 63,580 ATMs, and 241 overseas offices across 29 countries.

ICICI Bank Ltd

ICICI Bank Ltd provides comprehensive banking and financial services, including retail, wholesale, investment banking, insurance, and asset management. Incorporated in 1994 from the ICICI group and headquartered in Mumbai with a registered office in Vadodara, the bank operates 7,385 branches and 11,983 ATMs across India with international presence in 11 countries, identified by RBI as a Domestic Systemically Important Bank.

Life Insurance Corporation Of India

LIC is India’s biggest life insurance company. It offers various insurance plans to help people save money and secure their future. LIC is well-known for its reliability and large customer base across the country.

Axis Bank Ltd

Axis Bank Ltd is India's third-largest private sector bank offering retail, corporate, and wholesale banking services. Incorporated in 1993 as UTI Bank and renamed in 2007, the bank operates 5,876 branches, 13,941 ATMs across India, with international presence in nine countries, identified by RBI as a Domestic Systemically Important Bank, and completed the acquisition of Citibank India's consumer business in 2023.

What is P/E Ratio?

The price-to-earnings (P/E) ratio shows how much investors are willing to pay for a company’s earnings. It’s calculated by dividing the stock price by earnings per share (EPS): P/E = Market Price per Share ÷ Earnings per Share (EPS).

For example, if a stock is priced at ₹150 and its EPS is ₹30, the P/E ratio is 5. This means investors are paying 5 times the company’s earnings for each share.

What are Low PE Ratio Stocks?

Low P/E ratio stocks have a lower price relative to their earnings compared to other companies in the same industry. A lower P/E can suggest that the stock is undervalued, or the company may face challenges that investors are factoring in.

For example, if a stock trades at ₹40 and its EPS is ₹8, the P/E ratio is 5. Whether this is considered low depends on what similar companies in the industry are trading at. If the industry average is 15, this stock might be undervalued, but it could also indicate that investors have concerns about its future growth.

How to Invest in Low PE Ratio Stocks?

Investing in low PE stocks in India using Tickertape is a straightforward process. Tickertape is a powerful stock analysis and screening tool that helps you make informed investment decisions. Here’s how you can use Tickertape to invest in low PE stocks in India:

  1. Sign Up and Log In: You can create an account on the Tickertape or log in if you already have one.
    2. 

  2. Search for low PE ratio stocks: Go to Tickertape Stock Screener and search for low PE ratio stocks.
    3. 

  3. Use Filters: You can apply over 200 filters to get stocks sorted based on criteria like market cap, P/E ratio, or dividend yield. You can create your own custom filter if your preferred parameters are not available. This can help you narrow down the top low PE ratio stocks in India.
    4. 

  4. Analyse Stock Data: Tickertape provides comprehensive data on each stock, including financials, performance metrics, future projections, red flags, and more. You can review this data to assess each company’s health and potential in depth.
    5. 

  5. Add to Watchlist: You may keep track of potential investments by adding them to your watchlist.
    6. 

  6. Invest Through Your Broker: Once you’ve identified low PE ratio stocks that align with your investment thesis, you can place a buy order through your brokerage account linked to Tickertape.
    7. 


You can stay updated with each of your favourite stocks’ alerts and announcements with Tickertape Alerts. Further, you can analyse your overall portfolio and potential red flags in it by connecting it to Tickertape. Check out detailed analysis of your portfolio now!

Advantages of Investing in Low PE Ratio Stocks

Undervaluation Potential

Low PE stocks in India may be undervalued by the market, meaning they are priced lower than their earnings suggest. If the market recognises the undervaluation, the stock could see price appreciation over time, providing investors with good returns.

Opportunities in Overlooked Sectors

Certain sectors in India, like manufacturing, infrastructure, or public sector enterprises, may have lower P/E ratios during tough times. If these sectors recover, these low P/E stocks could perform well, but this depends on factors like demand, government policies, and the sector's future outlook.

Potential for Strong Returns

Sometimes, companies with solid fundamentals are trading at lower P/E ratios than their competitors. These low PE high growth stocks might offer better returns if their earnings improve or if the market sentiment turns positive.

Risks of Investing in Low PE Ratio Stocks

Potential Business Issues

A low P/E ratio could signal problems like poor earnings, management issues, or declining demand for the company’s products. If these issues aren't fixed, the stock may struggle in the long run.

Risk of a Value Trap

Some low PE high growth stocks may stay undervalued for a long time. If the company doesn’t improve its earnings, the stock may remain stuck at a low price or continue to fall, offering little return for investors.

Weak Market Sentiment

Even strong companies may be priced low if market sentiment is negative. In such cases, the stock could trade below its actual value, even though the company's fundamentals remain solid.

Limited View of Value

The P/E ratio is just one measure of a company's value. Relying on it alone, without considering other factors like debt, cash flow, and industry trends, can lead to an incomplete or misleading analysis of low PE stocks.

Install the Tickertape app and enjoy a more hands-on investing experience
  • portfolio-iconReceive real-time market alerts for timely decisions
  • portfolio-iconMonitor your portfolio from the palm of your hands
  • portfolio-iconWatchlist stocks and mutual funds to stay updated
Download Now

Factors to Consider Before Investing in Low PE Ratio Stocks

Quality of Earnings

A low P/E ratio stock might seem attractive, but it's essential to check if the company's earnings are steady and supported by real demand, not just short-term gains or one-off events.

Industry Comparison

It's important to compare zero debt low PE stocks within their industry. Different sectors have different standards for P/E ratios, so what may seem like a bargain in one industry might be average in another.

Growth Potential

Examining these companies' future expansion plans, their market positioning, and the factors driving their revenue can help determine if their growth is sustainable.

Financial Stability

A low P/E ratio might indicate that a stock is undervalued, but it could also reflect financial struggles like high debt or poor cash flow. Reviewing the company’s balance sheet can help figure out if it is fairly valued or not.

Conclusion

Low PE stocks can present opportunities to buy undervalued shares, but they may also signal issues like weak earnings, sector-specific risks, or poor market sentiment. That’s why it's important to analyse a stock beyond the P/E ratio. A thorough analysis of these stocks should include examining factors such as earnings stability, debt, cash flow, the industry's current state, and more. Tools like Tickertape Stock Screener, which offers over 200 filters, can help investors analyse these factors in detail.

Popular Stock Collections

Popular Mutual Fund Collections

Frequently Asked Questions on Low PE Ratio Stocks

  1. What are low PE ratio stocks?

    Low Price-to-Earnings (PE) ratio stocks trade at lower multiples of earnings compared to peers. They may indicate undervaluation and potential for upside. However, low PE ratios can also signal weak growth prospects, cyclical downturns, or investor pessimism.

  2. What are the top low PE ratio stocks in India?

    Some of the top low PE stocks in India, sorted by 1Y return, as of 20th February, include:
    1. Hem Holdings and Trading Ltd
    2. Swan Defence and Heavy Industries Ltd
    3. Saptak Chem and Business Ltd
    4. Callista Industries Ltd
    5. Oxford Industries Ltd

    Disclaimer: This information is for educational purposes only and should not be considered investment advice.

  3. How to invest in low pe ratio stocks?

    Here’s how you can invest in Low PE Ratio Stocks -
    1. Go to the Tickertape Stock Screener
    2. Select the "Low PE Ratio Stocks".
    3. From the Low PE Ratio Stocks, analyse and sort the Low PE Ratio Stocks using over 200+ filters - including valuation ratios, financials, technical indicators, and more - based on your investment thesis.
    4. Review the filtered list, and identify stocks that best align with your risk appetite, return expectations, and investment goals.
    5. Once you've shortlisted the stocks, click ‘Place Order’ to invest in your preferred Low PE Ratio Stocks.

    Disclaimer: Please do your own research or consult your financial advisor before investing.

  4. How to choose low pe ratio stocks for investing?

    Low Price-to-Earnings stocks are assessed for whether valuation discounts reflect genuine opportunities or weak prospects. Investors often compare PE ratios to industry averages, while also reviewing earnings trends, growth outlook, and management quality. A low multiple may signal undervaluation or market concerns depending on context.

    Disclaimer: Please note that this is not a recommendation. Please do your own research or consult your financial advisor before investing.

  5. Do low pe ratio stocks offer regular dividends?

    Low Price-to-Earnings ratio stocks are often evaluated for value opportunities. While some of these may pay dividends, regularity is not implied by valuation alone. Dividend trends depend on earnings stability, payout history, and the firm’s capital allocation approach.

    Disclaimer: This is only for educational purposes as the latest data is derived from Tickertape Stock Screener.

  6. What are the factors affecting low pe ratio stocks prices?

    Low PE ratio stock prices are affected by earnings growth, sector outlook, and market perception of valuation. While some may rise on recognition of undervaluation, others may trade low due to weak growth prospects or cyclical downturns in their industries.

    Disclaimer: Please note that this is not a recommendation. Please do your own research or consult your financial advisor before investing.

Disclaimer: This article is for informational purposes only. The content of the article including securities/investment products mentioned if any, should not in any manner be construed as an investment advice, recommendation, offer, solicitation to buy/hold/sell any securities/investment products. The securities quoted if any, are for illustration only and are not recommendatory. Investment in securities market are subject to market risks. Read all the related documents carefully before investing. Please consult a SEBI-registered financial advisor before investing.