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Slideshow | These 7 stocks trade at a P/E much lower than the industry ratio

The trailing twelve months (TTM) P/E value of these stocks is 25% lower than their Industry P/E

Ritesh Presswala | June 03, 2020 / 16:07 IST
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The BSE Sensex back to 34000 with a bang, the index has already added 0ver 3000 points in the last 5 trading sessions which ended on a positive note. As the market showing strength on upward direction Moneycontrol examines the Sensex stock P/E (price-to-earnings) is extremely lower than their Industry P/E. In the Sensex-30 there are seven stocks whose (trailing twelve months) TTM P/E is below 25% from their Industry P/E. If the current P/E trades below the industry average then it could be either mean poor price performance or undervaluation.  Data Source: ACE Equity
Sensex has reclaimed 34000 with the index adding 0ver 3,000 points in the last 5 trading sessions. On analysis, Moneycontrol found 7 Sensex stocks whose P/E (price-to-earnings) is much lower than the Industry P/E. The trailing twelve months (TTM) P/E value of these stocks is 25% lower than their Industry P/E, showed ACE Equity data. Here are the 7 stocks:
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IndusInd Bank's current TTM P/E is 6.83 percent and Industry P/E stands at 22.62. In the last one year, the stock price has lost 70 percent.
IndusInd Bank's current TTM P/E is 6.83 percent and Industry P/E stands at 22.62. In the last one year, the stock has fallen 70 percent.
3/8
Mahindra & Mahindra's current TTM P/E is 12.28 percent and Industry P/E stands at 22.16. In the last one year, the stock price has lost 28.53 percent
Mahindra & Mahindra's current TTM P/E is 12.28 percent and Industry P/E stands at 22.16. In the last one year, the stock price has declined 28.53 percent
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Tech Mahindra's current TTM P/E is 11.67 percent and Industry P/E stands at 18.85. In the last one year, the stock price has lost 27.99 percent
Tech Mahindra's current TTM P/E is 11.67 percent and Industry P/E stands at 18.85. In the last one year, the stock has lost 27.99 percent
5/8
Power Grid Corporation Of India's current TTM P/E is 5.60 percent and Industry P/E stands at 8.59. In the last one year, the stock price has lost 12.79 percent
Power Grid Corporation Of India's current TTM P/E is 5.60 percent and Industry P/E stands at 8.59. In the last one year, the stock has lost 12.79 percent
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Tata Steel's current TTM P/E is 3.98 percent and Industry P/E stands at 5.69. In the last one year, the stock price has lost 34.56 percent
Tata Steel's current TTM P/E is 3.98 percent and Industry P/E stands at 5.69. In the last one year, the stock price is down 34.56 percent
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Oil & Natural Gas Corporation's current TTM P/E is 5.21 percent and Industry P/E stands at 7.23. In the last one year, the stock price has lost 50.92 percent
Oil & Natural Gas Corporation's current TTM P/E is 5.21 percent and Industry P/E stands at 7.23. In the last one year, the stock price has fallen 50.92 percent
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Hero MotoCorp current TTM P/E is 12.39 percent and Industry P/E stands at 16.69. In the last one year, the stock price has lost 13.43 percent
Hero MotoCorp current TTM P/E is 12.39 percent and Industry P/E stands at 16.69. In the last one year, the stock has lost 13.43 percent

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