The PEG ratio (Price/Earnings-to-Growth ratio) is a stock valuation tool that helps to determine whether a stock is fairly priced by considering both its current price-to-earnings (P/E) ratio and its expected earnings growth. The formula for PEG ratio is = P/E Ratio / Expected Earning Growth Rate. A lower PEG may indicate that a stock is undervalued.
Here is the List of stocks with a PEG Ratio of less than 1:
1. Jupiter Wagons Limited
Jupiter Wagons Limited (JWL) is a leading manufacturer of railway wagons, high-speed brake systems, and other critical components for the Indian Railways and private sector clients.
The PEG ratio of the stock stands at 0.84, the current market price is Rs. 316, which is significantly lower than its 52-week high of Rs 748. This reflects a decline of 57.75 percent from its peak.
2. KNR Constructions
KNR Constructions Limited is a leading infrastructure development company in India, specializing in roads, highways, irrigation, and urban development projects. Established in 1995, the company has a strong presence in the engineering, procurement, and construction (EPC) sector.
The PEG ratio of the stock stands at 0.04, the current market price is Rs. 224, which is significantly lower than its 52-week high of Rs 415. This reflects a decline of 46.02 percent from its peak.
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3. Angel One
Angel One Limited is a leading full-service retail brokerage firm in India, offering a wide range of financial services, including stock and commodity trading, investment advisory, mutual funds, and portfolio management.
The PEG ratio of the stock stands at 0.79, the current market price is Rs. 2100, which is significantly lower than its 52-week high of Rs 3503. This reflects a decline of 40.05 percent from its peak.
4. Canara Bank
Canara Bank is one of India’s largest public sector banks, known for its extensive banking and financial services. Established in 1906, the bank has a strong presence across India and overseas, offering a wide range of services, including retail banking, corporate banking, MSME lending, agriculture finance, and digital banking solutions.
The PEG ratio of the stock stands at 0.01, the current market price is Rs. 85, which is significantly lower than its 52-week high of Rs 129. This reflects a decline of 34.10 percent from its peak.
5. Action Construction Equipment
Action Construction Equipment (ACE) Limited is India’s leading material handling and construction equipment manufacturer, specializing in cranes, backhoe loaders, forklifts, and agricultural equipment
The PEG ratio of the stock stands at 0.84, the current market price is Rs. 1136, which is significantly lower than its 52-week high of Rs 1,695. This reflects a decline of 32.97 percent from its peak.
Written By Abhishek Das
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