Undervalued quality stocks
44 matching Nifty 500 stocks · as of 06 Nov 2026
Companies that trade below the median P/E of their industry while still earning a healthy return on equity and carrying a modest price-to-book. Comparing with industry peers avoids flagging every bank as 'cheap' and every consumer brand as 'expensive'.
Screen rules
- P/E below the industry median
- Return on equity above 12%
- Price to book below 3
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| # | Company | Price | Market cap | P/E | P/B | ROE | 1Y | Score |
|---|---|---|---|---|---|---|---|---|
| 1 | Tata Motors Passenger Vehicles Ltd.TMPV · Automobile and Auto Components | ₹292.00 | ₹1,07,602 Cr | 1.4 | 0.96 | 70.7% | -29.0% | 6/10 |
| 2 | Chennai Petroleum Corporation Ltd.CHENNPETRO · Oil Gas & Consumable Fuels | ₹1,441.80 | ₹21,470 Cr | 3.8 | 1.58 | 41.9% | +78.1% | 8/10 |
| 3 | Coal India Ltd.COALINDIA · Oil Gas & Consumable Fuels | ₹400.00 | ₹2,46,509 Cr | 7.4 | 1.93 | 26.2% | +4.7% | 6/10 |
| 4 | Mangalore Refinery & Petrochemicals Ltd.MRPL · Oil Gas & Consumable Fuels | ₹175.67 | ₹30,788 Cr | 7.0 | 1.81 | 25.9% | +10.2% | 9/10 |
| 5 | JSW Steel Ltd.JSWSTEEL · Metals & Mining | ₹1,357.10 | ₹3,31,132 Cr | 11.6 | 2.92 | 25.1% | +12.4% | 9/10 |
| 6 | Great Eastern Shipping Co. Ltd.GESHIP · Services | ₹1,428.70 | ₹20,398 Cr | 5.4 | 1.20 | 22.1% | +33.3% | 9/10 |
| 7 | NMDC Ltd.NMDC · Metals & Mining | ₹70.40 | ₹61,894 Cr | 8.3 | 1.82 | 21.9% | -8.2% | 6/10 |
| 8 | Bank of MaharashtraMAHABANK · Financial Services | ₹86.91 | ₹66,847 Cr | 8.4 | 1.79 | 21.4% | +45.4% | 9/10 |
| 9 | Indian Oil Corporation Ltd.IOC · Oil Gas & Consumable Fuels | ₹146.25 | ₹2,06,523 Cr | 4.4 | 0.89 | 20.3% | -10.3% | 6/10 |
| 10 | Shipping Corporation of India Ltd.SCI · Services | ₹261.07 | ₹12,161 Cr | 6.1 | 1.18 | 19.5% | -2.1% | 5/10 |
| 11 | Karur Vysya Bank Ltd.KARURVYSYA · Financial Services | ₹370.05 | ₹35,773 Cr | 12.1 | 2.32 | 19.2% | +48.8% | 9/10 |
| 12 | Indus Towers Ltd.INDUSTOWER · Telecommunication | ₹383.10 | ₹1,01,066 Cr | 14.2 | 2.56 | 18.0% | +0.5% | 8/10 |
| 13 | Redington Ltd.REDINGTON · Services | ₹327.50 | ₹25,602 Cr | 13.8 | 2.38 | 17.2% | +24.5% | 7/10 |
| 14 | Chambal Fertilizers & Chemicals Ltd.CHAMBLFERT · Chemicals | ₹384.70 | ₹15,413 Cr | 8.1 | 1.36 | 16.8% | -22.3% | 5/10 |
| 15 | Wipro Ltd.WIPRO · Information Technology | ₹198.00 | ₹1,96,119 Cr | 14.9 | 2.48 | 16.7% | -18.3% | 8/10 |
| 16 | Aditya Birla Real Estate Ltd.ABREL · Realty | ₹1,068.40 | ₹11,933 Cr | 15.7 | 2.61 | 16.6% | -41.2% | 6/10 |
| 17 | NLC India Ltd.NLCINDIA · Power | ₹237.61 | ₹32,948 Cr | 8.5 | 1.41 | 16.6% | -5.7% | 5/10 |
| 18 | Indian Overseas BankIOB · Financial Services | ₹30.56 | ₹58,848 Cr | 8.8 | 1.46 | 16.5% | -24.5% | 5/10 |
| 19 | Avanti Feeds Ltd.AVANTIFEED · Fast Moving Consumer Goods | ₹710.40 | ₹9,679 Cr | 18.2 | 2.95 | 16.2% | -0.9% | 5/10 |
| 20 | Zensar Technolgies Ltd.ZENSARTECH · Information Technology | ₹568.80 | ₹12,912 Cr | 16.5 | 2.65 | 16.1% | -29.0% | 7/10 |
| 21 | Canara BankCANBK · Financial Services | ₹122.93 | ₹1,11,506 Cr | 5.5 | 0.87 | 15.9% | -4.5% | 5/10 |
| 22 | Jindal Stainless Ltd.JSL · Metals & Mining | ₹698.80 | ₹57,595 Cr | 17.3 | 2.71 | 15.7% | -13.1% | 4/10 |
| 23 | Bharat Petroleum Corporation Ltd.BPCL · Oil Gas & Consumable Fuels | ₹319.90 | ₹1,36,680 Cr | 8.6 | 1.35 | 15.6% | -8.1% | 7/10 |
| 24 | Union Bank of IndiaUNIONBANK · Financial Services | ₹187.00 | ₹1,42,749 Cr | 6.5 | 0.99 | 15.3% | +28.0% | 8/10 |
| 25 | Indian BankINDIANB · Financial Services | ₹902.00 | ₹1,21,496 Cr | 9.2 | 1.40 | 15.2% | +5.6% | 8/10 |
| 26 | Power Grid Corporation of India Ltd.POWERGRID · Power | ₹259.90 | ₹2,41,723 Cr | 14.9 | 2.26 | 15.2% | -12.0% | 6/10 |
| 27 | Oil India Ltd.OIL · Oil Gas & Consumable Fuels | ₹443.90 | ₹72,205 Cr | 8.6 | 1.24 | 14.4% | +5.6% | 7/10 |
| 28 | Deepak Fertilisers & Petrochemicals Corp. Ltd.DEEPAKFERT · Chemicals | ₹1,155.30 | ₹14,585 Cr | 14.8 | 2.13 | 14.4% | -23.2% | 4/10 |
| 29 | Punjab National BankPNB · Financial Services | ₹126.55 | ₹1,45,443 Cr | 6.4 | 0.90 | 14.2% | +4.5% | 7/10 |
| 30 | Birlasoft Ltd.BSOFT · Information Technology | ₹337.35 | ₹9,434 Cr | 15.3 | 2.16 | 14.1% | -10.1% | 7/10 |
| 31 | NTPC Ltd.NTPC · Power | ₹323.45 | ₹3,13,639 Cr | 10.6 | 1.47 | 13.9% | -6.9% | 5/10 |
| 32 | Godawari Power & Ispat Ltd.GPIL · Capital Goods | ₹208.95 | ₹12,892 Cr | 16.0 | 2.22 | 13.9% | -25.0% | 5/10 |
| 33 | Sarda Energy and Minerals Ltd.SARDAEN · Metals & Mining | ₹436.10 | ₹15,368 Cr | 13.8 | 1.90 | 13.8% | -22.0% | 3/10 |
| 34 | Jammu & Kashmir Bank Ltd.J&KBANK · Financial Services | ₹123.11 | ₹13,558 Cr | 5.7 | 0.77 | 13.5% | +14.5% | 6/10 |
| 35 | Bank of IndiaBANKINDIA · Financial Services | ₹138.57 | ₹63,097 Cr | 5.0 | 0.67 | 13.3% | -1.6% | 5/10 |
| 36 | Finolex Cables Ltd.FINCABLES · Capital Goods | ₹1,091.00 | ₹16,687 Cr | 20.9 | 2.74 | 13.1% | +37.2% | 7/10 |
| 37 | State Bank of IndiaSBIN · Financial Services | ₹1,018.50 | ₹9,40,157 Cr | 10.4 | 1.36 | 13.1% | +8.4% | 6/10 |
| 38 | GAIL (India) Ltd.GAIL · Oil Gas & Consumable Fuels | ₹185.79 | ₹1,22,159 Cr | 9.7 | 1.26 | 13.1% | +0.6% | 7/10 |
| 39 | Axis Bank Ltd.AXISBANK · Financial Services | ₹1,322.90 | ₹4,11,911 Cr | 13.8 | 1.79 | 13.0% | +5.9% | 7/10 |
| 40 | CESC Ltd.CESC · Power | ₹126.25 | ₹16,791 Cr | 10.8 | 1.35 | 12.4% | -30.5% | 2/10 |
| 41 | NATCO Pharma Ltd.NATCOPHARM · Healthcare | ₹807.00 | ₹14,445 Cr | 12.6 | 1.57 | 12.4% | -2.5% | 4/10 |
| 42 | Oil & Natural Gas Corporation Ltd.ONGC · Oil Gas & Consumable Fuels | ₹231.76 | ₹2,91,561 Cr | 5.9 | 0.73 | 12.4% | -9.3% | 5/10 |
| 43 | CIE Automotive India Ltd.CIEINDIA · Automobile and Auto Components | ₹354.25 | ₹13,439 Cr | 14.4 | 1.74 | 12.0% | -19.4% | 3/10 |
| 44 | Hindalco Industries Ltd.HINDALCO · Metals & Mining | ₹958.40 | ₹2,12,765 Cr | 11.1 | 1.33 | 12.0% | +11.9% | 6/10 |
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FAQs
How many Nifty 500 stocks are in the Undervalued quality screen?
44 of 497 Nifty 500 stocks match as of 06 Nov 2026.
How often is this list updated?
Every trading day after market close, using end-of-day prices and the latest reported fundamentals.
Is this a list of stocks to buy?
No. Screens are a research starting point that filter stocks on objective rules. StoxGud does not give buy or sell recommendations; study each company and consult a SEBI-registered adviser before investing.