Synopsis: Lloyds Enterprises, Suzlon Energy, Patel Engineering, JTL Industries, and Hathway Cable stocks priced below ₹200 are currently trading under their 5-year median P/E, indicating potential valuation comfort.
The Price-to-Earnings (P/E) ratio compares a company’s share price with its earnings per share (EPS) and helps assess valuation. A higher P/E reflects growth expectations, while a lower P/E may signal undervaluation or slower growth. Based on this metric, five small-cap stocks are currently trading below their 5-year P/E averages, which may offer attractive investment opportunities. Here are a few stocks under Rs. 200 currently trading below their 5-year median PE
Lloyds Enterprises Limited
With a market capitalization of Rs. 7,915.17 crore, the shares of Lloyds Enterprises Limited were currently trading at Rs. 62.22 per equity share, down nearly 2.64 percent from its previous day’s close price of Rs. 63.91.
Lloyds Enterprises Limited’s trailing twelve months (TTM) price-to-earnings (PE) ratio is currently at 33.6, which is lower than its 3-year average PE of 56.8 and significantly below its 5-year average PE of 64.9, indicating a valuation discount.
Lloyds Enterprises Limited is primarily engaged in the trading of iron and steel products, including coils, sheets, and beams, along with investment activities in shares and securities, and has diversified into real estate development, leveraging its presence in the larger Lloyds Group.
With a market capitalization of Rs. 67,464.42 crore, the shares of Suzlon Energy Limited were currently trading at Rs. 49.20 per equity share, down nearly 3.40 percent from its previous day’s close price of Rs. 50.93.
Suzlon Energy Limited’s trailing twelve months (TTM) price-to-earnings (PE) ratio is currently at 23, which significantly below its 5-year average PE of 88.2, indicating a valuation discount.
Suzlon Energy Limited engages in developing, manufacturing, supplying wind turbine generators (WTGs), rotor blades, tubular towers, hubs, and providing operation, maintenance, erection, commissioning services. It offers end-to-end wind energy solutions globally.
Patel Engineering Limited
With a market capitalization of Rs. 2,680.77 crore, the shares of Patel Engineering Limited were currently trading at Rs. 27.02 per equity share, down nearly 2.35 percent from its previous day’s close price of Rs. 27.67.
Patel Engineering Limited’s trailing twelve months (TTM) price-to-earnings (PE) ratio is currently at 7.22, which is lower than its 3-year average PE of 17.3 and significantly below its 5-year average PE of 17.2, indicating a valuation discount.
Patel Engineering Limited is engaged in construction of hydroelectric projects, tunnels, dams, barrages, underground works, expressways, bridges, buildings, real estate development, and EPC contracts for power, irrigation, transportation sectors in India and abroad.
JTL Industries Limited
With a market capitalization of Rs. 1,980.89 crore, the shares of JTL Industries Limited were currently trading at Rs. 51.85 per equity share, down nearly 1.44 percent from its previous day’s close price of Rs. 52.61.
JTL Industries Limited’s trailing twelve months (TTM) price-to-earnings (PE) ratio is currently at 28.8, which is lower than its 3-year average PE of 30.4 and significantly below its 5-year average PE of 29.5, indicating a valuation discount.
JTL Industries Limited engages in manufacturing and exporting mild steel pipes, tubes, sheets, solar module structures, GI, color-coated sheets, roofing, cladding products. It serves infrastructure, agriculture, water distribution, solar energy markets domestically and internationally.
With a market capitalization of Rs. 2,141.83 crore, the shares of Hathway Cable & Datacom Limited were currently trading at Rs. 12.10 per equity share, down nearly 0.49 percent from its previous day’s close price of Rs. 12.16.
Hathway Cable & Datacom Limited’s trailing twelve months (TTM) price-to-earnings (PE) ratio is currently at 22.6, which is lower than its 3-year average PE of 34 and significantly below its 5-year average PE of 24.5, indicating a valuation discount.
Hathway Cable & Datacom Limited is engaged in providing cable television, broadband internet, digital entertainment services through hybrid fiber-coaxial networks across 100+ cities. It operates enterprise connectivity solutions for SMEs, residential, commercial customers in India.
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