Top 5 Indian Stocks with Lowest P/E: Repco, Vedanta & More

As of July 23, 2026, five Indian stocks registered the lowest price-to-earnings (P/E) ratios, according to comprehensive data compiled by ETWealth. This analysis highlights companies potentially offering value to investors in the current market landscape.

The P/E ratio serves as a crucial metric for evaluating a company’s current share price relative to its per-share earnings, often indicating whether a stock is undervalued or overvalued. The identified stocks span various sectors, reflecting diverse opportunities for those seeking inexpensive options.

Key Value Stocks Identified

• Repco Home Finance led the list with a P/E ratio of approximately 5.2. It is currently held by around 10 mutual funds and has secured a five-star rating from Value Research.
• Vedanta followed, recording a P/E ratio of about 5.9. This stock is significantly favored by mutual funds, with approximately 76 holdings, and holds a four-star rating from Value Research.
• Union Bank of India presented a P/E ratio of around 6.3. The public sector bank is part of approximately 27 mutual fund portfolios and also maintains a four-star rating from Value Research.
• The Great Eastern Shipping Co. Ltd. showed a P/E ratio of approximately 7. It is held by around 22 mutual funds and boasts a strong five-star rating from Value Research.
• Bank of Maharashtra rounded out the top five with a P/E ratio of about 8.1. This banking stock is held by approximately 7 mutual funds and has also earned a five-star rating from Value Research.

These figures provide a clear snapshot for investors assessing potential opportunities based on P/E multiples and broader institutional endorsement.