9 mid-cap stocks trading below their industry average PE
1/10
Low PE stocks
A Price-to-Earnings (PE) ratio lower than the industry average suggests that a stock is relatively undervalued compared to its peers. Based on a valuation scan by StockEdge.com, we identified the top nine stocks from the NSE mid-cap segment with PE ratios below their respective industry averages, excluding banking and financial stocks.
This may suggest potential undervaluation, making these stocks appear attractive investment opportunities. However, it could also reflect concerns about the company’s growth prospects or associated risks. In short, a low PE ratio can signal either a possible buying opportunity or underlying challenges within the business.
This may suggest potential undervaluation, making these stocks appear attractive investment opportunities. However, it could also reflect concerns about the company’s growth prospects or associated risks. In short, a low PE ratio can signal either a possible buying opportunity or underlying challenges within the business.
2/10
Hindustan Petroleum Corporation
Stock PE (TTM): 5.24x | Industry PE: 14.18x | Industry: Refineries
3/10
Petronet LNG
Stock PE (TTM): 11.22x | Industry PE: 22.03x | Industry: Industrial Gases & Fuels
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4/10
National Aluminium Company
Stock PE (TTM): 12.76x | Industry PE: 13.39x | Industry: Aluminium & Aluminium Products
5/10
Indus Towers
Stock PE (TTM): 15.02x | Industry PE: 918.76x | Industry: Telecommunication - Service Provider
6/10
Escorts Kubota
Stock PE (TTM): 15.49x | Industry PE: 16.62x | Industry: Automobiles-Tractors
7/10
Zydus Lifesciences
Stock PE (TTM): 19.08x | Industry PE: 35.95x | Industry: Pharmaceuticals & Drugs
8/10
Hexaware Technologies
Stock PE (TTM): 21.78x | Industry PE: 21.8x | Industry: IT - Software
9/10
Jindal Stainless
Stock PE (TTM): 22.14x | Industry PE: 30.33x | Industry: Steel & Iron Products
10/10
Suzlon Energy
Stock PE (TTM): 22.28x | Industry PE: 58.91x | Industry: Electric Equipment