Low P/E Ratio Stocks

441 Discounted Earnings Ranked by P/E.

Refreshed Oct 6, 2026

Identify stocks trading below the market average P/E ratio. This screen uses a single valuation gate (P/E ≤ 15) to provide a broad list of earnings discounts, paired with an 8% ROE floor to filter out broken businesses.

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Screen VitalsEOD Data

Companies

441

Avg P/E

10.72

Avg ROE

28.73%

Avg P/B

—

Discounted

P/E ≤ 15

Profitable

ROE ≥ 8%

Liquid

Market Cap ≥ $500M

Common Equity

No Preferreds

These stocks trade at a discount to the S&P 500's current 31.5x P/E (as of 2026-10-05). S&P 500 Valuation Dashboard →

Market Signal

Data Insight

This screen is currently exhibiting strong clustering in the Financial Services sector (45% of constituents). This concentration is heavily driven by Regional Banks companies.

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Compare Top 3 Open Screener

Ticker	Company	P/E	P/B	EV/EBITDA	Earnings Yield	ROE
ASA	ASA Gold and Precious Metals Limited	1.6	1.0	1.6	62%	86%
UNIT	Uniti Group Inc.	1.7	5.7	10.4	60.3%	343%
LYFT	Lyft, Inc.	2.3	2.0	—	43.2%	140.8%
RIGL	Rigel Pharmaceuticals, Inc.	2.4	2.2	6.8	42.3%	185.9%
WNC	Wabash National Corporation	2.7	1.6	2.6	36.5%	75.7%
CHTR	Charter Communications, Inc.	3.0	0.7	5.1	33.3%	24.8%
DEC	Diversified Energy Company PLC	3.1	1.1	6.1	32.6%	46.9%
BYD	Boyd Gaming Corporation	3.1	2.2	6.3	32%	88%
JCAP	Jefferson Capital, Inc. Common Stock	3.2	1.3	9.0	31.5%	43.8%
GAIN	Gladstone Investment Corp.	3.2	0.9	5.2	31%	31.7%
CIVI	Civitas Resources, Inc.	3.2	0.4	1.9	30.9%	13.1%
CIM	Chimera Investment Corporation	3.3	0.3	17.6	30%	9%
CRMD	CorMedix Inc.	3.6	1.4	3.5	28%	66.6%
CMCSA	Comcast Corporation	4.0	0.8	4.8	25%	21.8%
WU	The Western Union Company	4.0	2.1	3.6	24.9%	51.9%
ARR	ARMOUR Residential REIT, Inc.	4.1	0.6	20.1	24.5%	17.8%
ORC	Orchid Island Capital, Inc.	4.1	0.5	22.4	24.4%	15.6%
IVR	Invesco Mortgage Capital Inc.	4.3	0.5	60.3	23.1%	13.3%
MFA	MFA Financial, Inc.	4.3	0.4	16.6	23.1%	9.6%
DX	Dynex Capital, Inc.	4.4	0.6	19.8	22.7%	17.5%
RUN	Sunrun Inc.	4.5	0.4	22.3	22%	9.8%
DFH	Dream Finders Homes, Inc.	4.5	0.6	4.2	22%	14.4%
AII	American Integrity Insurance Group, Inc.	4.6	1.3	2.6	21.9%	39.9%
EIX	Edison International	4.7	1.1	6.4	21.3%	24.6%
GAINI	Gladstone Investment Corporation	5.3	1.5	7.0	18.8%	31.7%
OTF	Blue Owl Technology Finance Corp.	5.3	0.5	14.6	18.8%	12.3%
WHR	Whirlpool Corporation	5.3	0.6	8.6	18.8%	11.2%
HRTG	Heritage Insurance Holdings, Inc.	5.4	2.1	2.1	18.5%	49.1%
VEL	Velocity Financial, Inc.	5.4	0.8	13.7	18.5%	17.6%
NREF	NexPoint Real Estate Finance, Inc.	5.4	0.9	31.6	18.4%	15%

ASA

ASA Gold and Precious Metals Limited

1.6P/E

P/B1.0

EV/EBITDA1.6

Earnings Yield62%

ROE86%

UNIT

Uniti Group Inc.

1.7P/E

P/B5.7

EV/EBITDA10.4

Earnings Yield60.3%

ROE343%

LYFT

Lyft, Inc.

2.3P/E

P/B2.0

EV/EBITDA—

Earnings Yield43.2%

ROE140.8%

RIGL

Rigel Pharmaceuticals, Inc.

2.4P/E

P/B2.2

EV/EBITDA6.8

Earnings Yield42.3%

ROE185.9%

WNC

Wabash National Corporation

2.7P/E

P/B1.6

EV/EBITDA2.6

Earnings Yield36.5%

ROE75.7%

CHTR

Charter Communications, Inc.

3.0P/E

P/B0.7

EV/EBITDA5.1

Earnings Yield33.3%

ROE24.8%

DEC

Diversified Energy Company PLC

3.1P/E

P/B1.1

EV/EBITDA6.1

Earnings Yield32.6%

ROE46.9%

BYD

Boyd Gaming Corporation

3.1P/E

P/B2.2

EV/EBITDA6.3

Earnings Yield32%

ROE88%

JCAP

Jefferson Capital, Inc. Common Stock

3.2P/E

P/B1.3

EV/EBITDA9.0

Earnings Yield31.5%

ROE43.8%

GAIN

Gladstone Investment Corp.

3.2P/E

P/B0.9

EV/EBITDA5.2

Earnings Yield31%

ROE31.7%

CIVI

Civitas Resources, Inc.

3.2P/E

P/B0.4

EV/EBITDA1.9

Earnings Yield30.9%

ROE13.1%

CIM

Chimera Investment Corporation

3.3P/E

P/B0.3

EV/EBITDA17.6

Earnings Yield30%

ROE9%

CRMD

CorMedix Inc.

3.6P/E

P/B1.4

EV/EBITDA3.5

Earnings Yield28%

ROE66.6%

CMCSA

Comcast Corporation

4.0P/E

P/B0.8

EV/EBITDA4.8

Earnings Yield25%

ROE21.8%

The Western Union Company

4.0P/E

P/B2.1

EV/EBITDA3.6

Earnings Yield24.9%

ROE51.9%

ARR

ARMOUR Residential REIT, Inc.

4.1P/E

P/B0.6

EV/EBITDA20.1

Earnings Yield24.5%

ROE17.8%

ORC

Orchid Island Capital, Inc.

4.1P/E

P/B0.5

EV/EBITDA22.4

Earnings Yield24.4%

ROE15.6%

IVR

Invesco Mortgage Capital Inc.

4.3P/E

P/B0.5

EV/EBITDA60.3

Earnings Yield23.1%

ROE13.3%

MFA

MFA Financial, Inc.

4.3P/E

P/B0.4

EV/EBITDA16.6

Earnings Yield23.1%

ROE9.6%

Dynex Capital, Inc.

4.4P/E

P/B0.6

EV/EBITDA19.8

Earnings Yield22.7%

ROE17.5%

RUN

Sunrun Inc.

4.5P/E

P/B0.4

EV/EBITDA22.3

Earnings Yield22%

ROE9.8%

DFH

Dream Finders Homes, Inc.

4.5P/E

P/B0.6

EV/EBITDA4.2

Earnings Yield22%

ROE14.4%

AII

American Integrity Insurance Group, Inc.

4.6P/E

P/B1.3

EV/EBITDA2.6

Earnings Yield21.9%

ROE39.9%

EIX

Edison International

4.7P/E

P/B1.1

EV/EBITDA6.4

Earnings Yield21.3%

ROE24.6%

GAINI

Gladstone Investment Corporation

5.3P/E

P/B1.5

EV/EBITDA7.0

Earnings Yield18.8%

ROE31.7%

OTF

Blue Owl Technology Finance Corp.

5.3P/E

P/B0.5

EV/EBITDA14.6

Earnings Yield18.8%

ROE12.3%

WHR

Whirlpool Corporation

5.3P/E

P/B0.6

EV/EBITDA8.6

Earnings Yield18.8%

ROE11.2%

HRTG

Heritage Insurance Holdings, Inc.

5.4P/E

P/B2.1

EV/EBITDA2.1

Earnings Yield18.5%

ROE49.1%

VEL

Velocity Financial, Inc.

5.4P/E

P/B0.8

EV/EBITDA13.7

Earnings Yield18.5%

ROE17.6%

NREF

NexPoint Real Estate Finance, Inc.

5.4P/E

P/B0.9

EV/EBITDA31.6

Earnings Yield18.4%

ROE15%

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Learn more about Low P/E Ratio Stocks

How We Build This List

P/E Ratio: 0.1 to 15Below the S&P 500 average of 16–18. The 0.1 floor removes loss-makers where the P/E ratio is mathematically undefined or negative.
ROE ≥ 8%Quality gate — cheap on earnings because of market pessimism, not broken fundamentals. Filters out zombie companies.
Market Cap ≥ $500MFilters micro-cap noise. Results are liquid and actionable for retail and institutional investors alike.
US Common Shares OnlyExcludes ADRs and preferred shares to ensure P/E comparisons are apples-to-apples across the exact same accounting standards.

Open Screener

What Makes a Stock a Low PE Stocks List constituent?

This screen identifies undervalued equities by filtering for a P/E ratio under 15x and an ROE above 8%, ensuring you find profitable companies rather than value traps. For example, when Ford traded at 8x earnings in 2023, this screen would have flagged it as a high-quality value opportunity compared to the S&P 500 average of 18x.

LOW PE

Valuation Filter

P/E Under 15

ROE 8+

Quality Filter

ROE >= 8%

MID CAP

Size Filter

Cap >= $500M

Filter for Valuation

We cap P/E at 15x to avoid overpaying for growth, similar to how Warren Buffett targeted undervalued stocks like American Express in the 1960s.

Verify Profitability

The 8% ROE floor ensures the company generates actual returns on equity, preventing you from buying 'zombie' firms like Sears before its 2018 bankruptcy.

Ensure Liquidity

A $500M market cap minimum removes micro-cap volatility, ensuring you can enter positions like ExxonMobil without massive slippage during market stress.

Performance Dynamics: When Does This Strategy Outperform?

Strategy performance behaves differently based on market conditions. Let's analyze when this strategy outperforms and when it lags:

When Low P/E Leads

✓ Value outperformed growth by 22% in 2022 as rising rates compressed high-multiple tech valuations.
✓ During the 2000-2002 dot-com crash, low P/E stocks significantly outperformed the S&P 500.
✓ Post-inflationary periods, such as 1974-1976, historically favor value stocks with strong cash flows.

When Low P/E Trails

✗ During the 2020 COVID-19 recovery, high-growth tech stocks outperformed value by over 30%.
✗ In low-interest-rate environments like 2014-2016, investors preferred high-multiple growth over value.
✗ During periods of extreme speculative mania, such as the 1999 internet bubble, low P/E stocks lagged significantly.

How to Use the Screener Results Table

To build a resilient portfolio, do not buy stocks on simple statistics alone. Use the key columns in our table to audit the durability, safety, and returns of each stock:

P/E Ratio Multiplier

Measures price relative to earnings; a 10x P/E for a stable firm like Chevron is often safer than a 50x P/E for a speculative startup.

ROE Percentage

Indicates management efficiency; a 20% ROE for Apple shows superior capital usage compared to a 5% ROE for a struggling retailer.

Market Cap Currency

Defines company size; a $500M cap company like a regional bank is more volatile than a $500B giant like JPMorgan Chase.

Earnings Yield Percentage

The inverse of P/E; a 10% yield on a stock like Verizon is more attractive than a 2% yield on a high-growth tech stock.

Risk Factors & Warning Signs to Track

The Cyclical Value Trap

A low P/E can be a trap if earnings are at a cyclical peak. For example, GE traded at 8x earnings in 2017, but the stock fell 75% over the next two years as its power division collapsed and earnings plummeted.

What are Low P/E Ratio Stocks?

Finds profitable companies trading at a discount to their current earnings. It uses a P/E below 15 and an 8%+ ROE floor to filter out failing value traps.

Price to Earnings (P/E) between 0.1 and 15
Return on Equity (ROE) ≥ 8%
Market Capitalization ≥ $500M
Excludes ADRs and Preferred Shares

Why Invest in Low P/E Ratio Stocks?

Below Market Average

Buys earnings at a discount to market averages

Quality Floor

Filters out structurally broken, unprofitable companies

Research Starting Point

Allows a broad search across multiple sector laggards

Mean Reversion

Leverages long-term valuation reversion and multiple expansion

SCREEN CURATED BY

Anish Das

MBA, IIM Kozhikode · Founder & Individual Investor

5+ years experience

Methodology Verified

Review: Oct 2026

Founder of VCP Scanner, former Flipkart Brand Manager, and active US equity investor focused on transparent research workflows.

Editorial Disclosure: The data in this screener is systematically filtered using transparent rules, ensuring unbiased results. Reviewed for E-E-A-T standards. Not financial advice.

Frequently Asked Questions

Why use 15x as the P/E limit?

15x is a historical benchmark for the S&P 500; buying below this provides a margin of safety, similar to how value investors approached IBM in the 1990s.

Does this screen work for tech stocks?

Rarely, as tech stocks like Nvidia often trade at 40x+ P/E; this screen is better suited for sectors like Energy or Financials.

What if a stock has a P/E of 0?

A P/E of 0 or negative means the company is losing money, which is why our screen starts at 0.1 to filter out money-losers.

Is high ROE always good?

High ROE is great, but watch for high debt levels; a company like Bed Bath & Beyond had high ROE due to share buybacks before its 2023 collapse.

How often should I re-screen?

Quarterly, following earnings reports, to ensure the fundamentals haven't shifted like they did for Intel in 2022.

Why exclude ADRs?

ADRs often have different accounting standards and tax implications, making a direct P/E comparison to a US stock like Coca-Cola unreliable.

Can I use this for dividends?

Yes, many low P/E stocks are mature dividend payers like Altria, which often fit these criteria perfectly.

What is the biggest risk?

The biggest risk is the 'value trap,' where a stock looks cheap at 5x P/E because the market expects earnings to vanish, as seen with many retail stocks in 2020.

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Financial Data & Software Notice: VCP Scanner is an educational financial research database and stock screening software platform. VCP Scanner does not generate, recommend, or package trade decisions, buy/sell signals, or personalized investment advice. Screener filters sort historical financial metrics and quantitative data for research filtering. See our Terms of Service and Privacy Policy.