Top performing stocks with low PE ratios: How HAL, TaMo, others outshine peers
ETMarkets.com|
1/11
Unlocking value
Several stocks, including HCL Technologies, Tata Motors, and HAL, are excelling with strong performance and lower price-to-earnings (PE) ratios. A lower PE ratio often signals undervaluation, making these stocks attractive to investors. These companies not only outperform their industries but also offer potential value. Here’s a list of 10 Nifty 200 stocks that exceed their industry performance and trade at lower PE ratios:
iStock
2/11
HCL Technologies
HCL Technologies outperformed its industry with a 1-year change of 45.28% compared to the IT Consulting & Software industry's 39.79%, while its PE ratio of 29.58 is lower than the industry average of 36.3.
Agencies
3/11
Tata Motors
Tata Motors has delivered a 1-year change of 75.56%, surpassing the 55.77% increase in the Cars & Utility Vehicles sector, and maintains a lower PE ratio of 11.66 compared to the industry’s 22.5.
ETMarkets.com
4/11
HAL
Hindustan Aeronautics (HAL) significantly outperformed the Defence sector with a remarkable 141.66% 1-year change against 121.75% for the industry, and its PE ratio of 38.88 is lower than the industry's 50.2.
ETMarkets.com
5/11
Bajaj Auto
Bajaj Auto showed a strong 134.1% increase over the past year, exceeding the 96.95% growth in the 2/3 Wheelers sector, with its PE ratio of 37.87 being lower than the industry's average of 42.7.
ETMarkets.com
6/11
Indian Oil Corporation
Indian Oil Corporation achieved a 101.38% rise in the past 12 months, outperforming the Oil Marketing & Distribution industry's 97.87%, and has a lower PE ratio of 8.31 compared to the industry’s 14.8.
Reuters
7/11
IndiGo
InterGlobe Aviation (IndiGo) recorded a 96.65% change in the past one year, slightly ahead of the Airlines sector’s 96.52% growth, with its PE ratio of 23.88 being lower than the industry average of 23.9.
ANI
8/11
GAIL
GAIL (India) outperformed the Utilities: Non-Electrical sector with an 85.92% 1-year change versus 63.48% for the industry, and its PE ratio of 13.28 is lower than the industry’s 20.2.
Agencies
9/11
Samvardhana Motherson
Samvardhana Motherson International saw an 88.75% increase, ahead of the 56.9% growth in the Auto Parts & Equipment sector, with its PE ratio of 42.1 lower than the industry average of 48.9.
ETMarkets.com
10/11
Bajaj Holdings & Investment
Bajaj Holdings & Investment posted a 50.77% change in the last 12 months, outperforming the 44.14% growth in the Holding Companies sector, and its PE ratio of 16.25 is lower than the industry’s 27.
ETBFSI
11/11
Bosch
Bosch achieved a 76.86% rise in the last one year, surpassing the 56.9% increase in the Auto Parts & Equipment sector, and has a lower PE ratio of 39.03 compared to the industry’s 48.9.
