Low P/E Stocks

111 stocks matched · Updated daily after market close

Low P/E Stocks highlights companies trading at relatively low valuations compared to their earnings. These stocks may be undervalued or overlooked by the market. Only profitable companies are included to avoid value traps associated with loss-making businesses.

Low P/E Stocks — 111 Stocks

Sorted by signal strength

Company	Sector	Price (₦)	% Change	Volume	Mkt Cap	P/E	EPS (₦)
UH REAL ESTATE INVESTMENT TRUST UHOMREIT	CONSTRUCTION/REAL ESTATE	₦84.7000	+0.0000%	40,229	21,176,675,451	0.8700	97.3700
ACCESS HOLDINGS PLC ACCESSCORP	FINANCIAL SERVICES	₦24.0000	-0.2100%	130,257,627	—	1.7100	14.0900
OANDO PLC OANDO	OIL AND GAS	₦48.0500	-5.7800%	5,014,004	—	2.0000	25.5300
GREIF NIGERIA PLC VANLEER	INDUSTRIAL GOODS	₦5.4500	+0.0000%	0	232,388,000	2.3600	2.3100
FCMB GROUP PLC. FCMB	FINANCIAL SERVICES	₦11.5000	-1.7100%	5,706,965	—	2.9100	3.9600
FIDELITY BANK PLC FIDELITYBK	FINANCIAL SERVICES	₦20.2500	-4.4800%	8,573,448	—	2.9700	6.9500
LINKAGE ASSURANCE PLC LINKASSURE	FINANCIAL SERVICES	₦1.7900	+0.5600%	17,096,903	31,600,800,000	3.7900	0.4700
UNIVERSAL INSURANCE PLC UNIVINSURE	FINANCIAL SERVICES	₦1.0900	-2.6800%	10,582,286	18,080,000,000	3.9900	0.2800
ECOBANK TRANSNATIONAL INCORPORATED ETI	FINANCIAL SERVICES	₦97.4000	+0.0000%	992,697	1,768,304,205,360	4.1000	23.4200
MUTUAL BENEFITS ASSURANCE PLC. MBENEFIT	FINANCIAL SERVICES	₦4.2900	-2.2800%	12,670,840	—	4.4900	0.9800
WEMA BANK PLC. WEMABANK	FINANCIAL SERVICES	₦33.0000	-1.4900%	3,030,672	—	4.6300	7.1300
R T BRISCOE PLC. RTBRISCOE	SERVICES	₦14.9000	+9.1600%	3,879,333	—	4.8300	2.8300
ZENITH BANK PLC ZENITHBANK	FINANCIAL SERVICES	₦128.8500	-1.7200%	32,935,528	5,421,217,560,132	5.1700	25.3700
STERLING FINANCIAL HOLDINGS COMPANY PLC STERLINGNG	FINANCIAL SERVICES	₦7.8500	-0.6300%	16,769,773	—	5.2000	1.5200
TRANSNATIONAL CORPORATION PLC TRANSCORP	CONGLOMERATES	₦46.0000	+0.0000%	1,787,137	485,235,384,159	5.3000	8.6800
UNITED BANK FOR AFRICA PLC UBA	FINANCIAL SERVICES	₦44.3000	-0.4500%	76,403,382	1,951,261,139,716	5.5800	7.9700
GUARANTY TRUST HOLDING COMPANY PLC GTCO	FINANCIAL SERVICES	₦136.0000	-0.7300%	27,666,758	—	5.8200	23.5500
IKEJA HOTEL PLC IKEJAHOTEL	SERVICES	₦43.7000	+8.7100%	865,429	—	6.1200	6.5700
VERITAS KAPITAL ASSURANCE PLC VERITASKAP	FINANCIAL SERVICES	₦1.6600	+0.6100%	9,495,414	22,879,999,999	6.3100	0.2600
THE INITIATES PLC TIP	SERVICES	₦31.2000	+9.8600%	61,275,571	—	6.4000	4.7200
UPDC REAL ESTATE INVESTMENT TRUST UPDCREIT	CONSTRUCTION/REAL ESTATE	₦10.7000	-1.3800%	1,464,114	—	6.4200	1.6900
STANBIC IBTC HOLDINGS PLC STANBIC	FINANCIAL SERVICES	₦169.3500	+0.0000%	575,298	—	6.8900	24.5900
CUSTODIAN INVESTMENT PLC CUSTODIAN	CONGLOMERATES	₦83.0000	+0.0000%	286,283	488,194,728,185	6.9000	12.0300
C & I LEASING PLC. CILEASING	SERVICES	₦6.3500	+4.1000%	1,792,446	—	7.2300	0.8400
CONSOLIDATED HALLMARK HOLDINGS PLC CONHALLPLC	FINANCIAL SERVICES	₦6.8700	+9.9200%	5,636,779	61,896,400,000	8.0200	0.7800
HONEYWELL FLOUR MILL PLC HONYFLOUR	CONSUMER GOODS	₦18.4500	+1.3700%	7,708,810	—	8.7500	2.0800
AIICO INSURANCE PLC. AIICO	FINANCIAL SERVICES	₦4.6000	+2.2200%	19,862,970	170,214,533,460	9.0600	0.5000
CORONATION INSURANCE PLC WAPIC	FINANCIAL SERVICES	₦2.6300	-1.5000%	1,298,959	—	9.0600	0.2900
JOHN HOLT PLC. JOHNHOLT	CONGLOMERATES	₦15.3000	-9.7300%	534,949	7,316,046,546	9.6100	1.7600
DN TYRE & RUBBER PLC DUNLOP	CONSUMER GOODS	₦0.2000	+0.0000%	0	954,533,842	10.0000	0.0200
UNITED CAPITAL PLC UCAP	FINANCIAL SERVICES	₦19.0000	+1.8800%	8,606,853	335,700,000,000	10.5000	1.7800
P Z CUSSONS NIGERIA PLC. PZ	CONSUMER GOODS	₦98.0000	+0.0000%	977,439	—	10.8500	9.0300
NEM INSURANCE PLC NEM	FINANCIAL SERVICES	₦32.9000	+0.0000%	569,380	151,497,628,563	10.9600	3.0000
BETA GLASS PLC. BETAGLAS	INDUSTRIAL GOODS	₦570.0000	+0.0000%	92,285	—	11.0000	51.8300
NPF MICROFINANCE BANK PLC NPFMCRFBK	FINANCIAL SERVICES	₦5.7400	+0.0000%	988,259	34,399,559,157	11.6100	0.4900
ETERNA PLC. ETERNA	OIL AND GAS	₦34.4500	-4.2100%	807,697	—	11.9100	2.7700
CWG PLC CWG	ICT	₦24.0000	+0.0000%	1,062,091	60,595,832,616	12.1000	1.9800
SFS REAL ESTATE INVESTMENT TRUST SFSREIT	CONSTRUCTION/REAL ESTATE	₦418.7500	+0.0000%	10,733	—	12.5600	33.3500
VFD GROUP PLC VFDGROUP	INVESTMENT	₦11.0000	+1.8500%	6,561,796	136,819,702,800	12.5900	0.8600
FIRST HOLDCO PLC FIRSTHOLDCO	FINANCIAL SERVICES	₦67.0000	-4.2900%	17,325,437	3,000,624,286,478	12.7700	5.2200
CORNERSTONE INSURANCE PLC CORNERST	FINANCIAL SERVICES	₦5.8000	-1.6900%	2,219,165	—	12.8700	0.4600
MTN NIGERIA COMMUNICATIONS PLC MTNN	ICT	₦820.0000	+0.0000%	3,794,595	—	12.8800	63.6500
JAIZ BANK PLC JAIZBANK	FINANCIAL SERVICES	₦8.9700	-1.4300%	8,369,742	—	13.1000	0.7000
LEARN AFRICA PLC LEARNAFRCA	SERVICES	₦12.7500	+0.0000%	190,199	9,835,987,500	13.6100	0.9400
UNIVERSITY PRESS PLC. UPL	SERVICES	₦6.1500	+0.0000%	669,306	2,631,597,974	13.6700	0.4500
ROYAL EXCHANGE PLC. ROYALEX	FINANCIAL SERVICES	₦1.5000	+0.0000%	2,851,167	—	14.5600	0.1000
VITAFOAM NIG PLC. VITAFOAM	CONSUMER GOODS	₦194.0000	+0.0000%	396,283	291,196,498,138	16.5700	11.7100
NASCON ALLIED INDUSTRIES PLC NASCON	CONSUMER GOODS	₦219.5000	-0.2300%	1,536,683	—	16.5900	13.2600
MEYER PLC. MEYER	INDUSTRIAL GOODS	₦20.6000	+0.0000%	80,102	10,253,187,798	16.8700	1.1100
LAFARGE AFRICA PLC. WAPCO	INDUSTRIAL GOODS	₦342.0000	+0.0000%	2,023,487	—	17.0900	20.0200
JULIUS BERGER NIG. PLC. JBERGER	CONSTRUCTION/REAL ESTATE	₦310.8000	+0.0000%	141,997	504,000,000,000	17.5300	17.9700
DANGOTE CEMENT PLC DANGCEM	INDUSTRIAL GOODS	₦1180.0000	+0.0000%	950,642	—	17.6900	66.7100
MULTIVERSE MINING AND EXPLORATION PLC MULTIVERSE	NATURAL RESOURCES	₦25.6500	+0.0000%	16,528	10,931,872,714	17.7000	1.4500
MAY & BAKER NIGERIA PLC. MAYBAKER	HEALTHCARE	₦50.0000	+7.0700%	1,304,295	80,568,469,176	18.8900	2.6500
AFRICA PRUDENTIAL PLC AFRIPRUD	FINANCIAL SERVICES	₦13.0000	-2.6200%	2,318,551	—	19.3900	0.6900
PRESCO PLC PRESCO	AGRICULTURE	₦2300.0000	+0.0000%	72,525	—	19.5800	117.4500
LIVINGTRUST MORTGAGE BANK PLC LIVINGTRUST	FINANCIAL SERVICES	₦4.0000	-0.2500%	482,265	—	19.8200	0.2000
ASSOCIATED BUS COMPANY PLC ABCTRANS	SERVICES	₦7.6400	-7.3900%	1,207,864	—	20.4400	0.4100
CHELLARAMS PLC. CHELLARAM	CONGLOMERATES	₦13.2000	+0.0000%	30,835	9,542,610,000	20.5900	0.6400
TRANSCORP POWER PLC TRANSPOWER	UTILITIES	₦245.5000	+0.0000%	76,507	—	20.8100	11.8000
ARADEL HOLDINGS PLC ARADEL	OIL AND GAS	₦1933.8000	+0.0000%	3,533,287	—	21.1100	91.5900
NESTLE NIGERIA PLC. NESTLE	CONSUMER GOODS	₦3125.0000	+0.0000%	65,514	2,477,050,787,500	21.7700	143.5500
INDUSTRIAL & MEDICAL GASES NIGERIA PLC IMG	NATURAL RESOURCES	₦38.1000	+0.0000%	55,294	25,950,476,166	23.1300	1.6500
MCNICHOLS PLC MCNICHOLS	CONSUMER GOODS	₦8.6000	-1.1500%	5,215,833	—	23.3000	0.3700
NIGERIAN BREW. PLC. NB	CONSUMER GOODS	₦83.7500	+0.1800%	2,868,241	2,633,557,288,200	23.4800	3.5600
CAP PLC CAP	INDUSTRIAL GOODS	₦179.1000	+0.0000%	326,140	—	23.6300	7.5800
CADBURY NIGERIA PLC. CADBURY	CONSUMER GOODS	₦69.0000	+0.0000%	334,833	—	23.7100	2.9100
NIGERIAN AVIATION HANDLING COMPANY PLC NAHCO	SERVICES	₦189.5000	+0.0000%	621,427	429,907,500,000	23.8000	7.9600
SUNU ASSURANCES NIGERIA PLC. SUNUASSUR	FINANCIAL SERVICES	₦4.4800	+1.8200%	635,544	—	24.6700	0.1800
ABBEY MORTGAGE BANK PLC ABBEYBDS	FINANCIAL SERVICES	₦6.7500	+6.3000%	291,158,908	—	24.7900	0.2500
BERGER PAINTS PLC BERGER	INDUSTRIAL GOODS	₦147.6000	+0.0000%	89,140	42,777,940,777	24.9000	5.9300
SKYWAY AVIATION HANDLING COMPANY PLC SKYAVN	SERVICES	₦156.9500	+0.0000%	29,885	212,444,381,000	25.0400	6.2700
AIRTEL AFRICA PLC AIRTELAFRI	ICT	₦3655.7000	+0.0000%	8	—	25.2800	257.6200
SEPLAT ENERGY PLC SEPLAT	OIL AND GAS	₦11486.2000	+0.0000%	348,369	—	25.7600	403.6100
INFINITY TRUST MORTGAGE BANK PLC INFINITY	FINANCIAL SERVICES	₦9.3500	+0.0000%	1,370	77,987,334,964	25.9500	0.3600
U A C N PLC. UACN	CONGLOMERATES	₦183.0000	+0.0000%	501,833	535,482,092,865	25.9700	7.0500
REGENCY ASSURANCE PLC REGALINS	FINANCIAL SERVICES	₦1.0200	+0.9900%	9,271,569	17,125,350,000	26.1700	0.0400
INTERNATIONAL ENERGY INSURANCE PLC INTENEGINS	FINANCIAL SERVICES	₦4.9700	+9.9600%	5,181,850	—	26.3000	0.1700
UNILEVER NIGERIA PLC. UNILEVER	CONSUMER GOODS	₦156.0000	+0.0000%	165,918	—	26.6800	5.8500
OKOMU OIL PALM PLC. OKOMUOIL	AGRICULTURE	₦1750.0000	+0.0000%	151,321	—	27.9100	62.7000
GUINNESS NIG PLC GUINNESS	CONSUMER GOODS	₦402.6000	+0.0000%	7,078,549	—	28.6200	14.0600
FIDSON HEALTHCARE PLC FIDSON	HEALTHCARE	₦136.5000	+0.0000%	512,198	327,600,000,000	29.6100	4.6100
FTN COCOA PROCESSORS PLC FTNCOCOA	AGRICULTURE	₦9.0900	+1.5600%	2,425,352	—	29.7500	0.3000
S C O A NIG. PLC. SCOA	CONGLOMERATES	₦33.0500	+0.0000%	39,061	—	30.4500	1.0900
BUA CEMENT PLC BUACEMENT	INDUSTRIAL GOODS	₦378.0000	-10.0000%	803,502	—	31.5200	13.3300
BUA FOODS PLC BUAFOODS	CONSUMER GOODS	₦967.0000	+0.0000%	255,310	17,406,000,000,000	32.5100	29.7500
NIGERIAN EXCHANGE GROUP NGXGROUP	FINANCIAL SERVICES	₦149.5000	+0.0000%	1,731,398	391,513,772,988	35.2700	4.2400
PRESTIGE ASSURANCE PLC PRESTIGE	FINANCIAL SERVICES	₦1.4800	-5.1300%	2,982,395	—	36.2800	0.0400
RED STAR EXPRESS PLC REDSTAREX	SERVICES	₦30.7000	-9.7100%	4,297,134	32,450,393,050	37.0500	0.9200
NEIMETH INTERNATIONAL PHARMACEUTICALS PLC NEIMETH	HEALTHCARE	₦10.3000	+0.9800%	77,908,532	44,226,632,682	44.2800	0.2300
JULI PLC. JULI	SERVICES	₦7.2500	+0.0000%	3,235	1,450,000,000	47.7300	0.1500
JAPAUL GOLD & VENTURES PLC JAPAULGOLD	OIL AND GAS	₦3.7000	-1.3300%	14,250,213	53,913,012,486	48.0400	0.0800
INTERNATIONAL BREWERIES PLC. INTBREW	CONSUMER GOODS	₦12.6500	-0.7900%	1,869,520	—	51.7300	0.2400
MECURE INDUSTRIES PLC MECURE	HEALTHCARE	₦94.9000	+0.0000%	58,698	379,600,000,000	52.4700	1.8100
CHAMS HOLDING COMPANY PLC CHAMS	ICT	₦4.1500	+1.2200%	38,244,612	—	56.8900	0.0700
CONOIL PLC CONOIL	OIL AND GAS	₦194.0000	+0.0000%	62,823	—	67.0000	2.9000
E-TRANZACT INTERNATIONAL PLC ETRANZACT	ICT	₦18.0000	+0.0000%	651,074	165,599,996,688	70.5800	0.2600
ACADEMY PRESS PLC. ACADEMY	SERVICES	₦9.1500	+0.0000%	373,985	—	83.1800	0.1100
UPDC PLC UPDC	CONSTRUCTION/REAL ESTATE	₦4.2000	-4.5500%	998,800	—	87.1300	0.0500
NCR (NIGERIA) PLC. NCR	ICT	₦161.2000	+0.0000%	11,622	17,409,600,000	88.5700	1.8200
CUTIX PLC. CUTIX	INDUSTRIAL GOODS	₦3.0000	-3.2300%	20,221,371	21,981,298,884	97.6500	0.0300
CHAMPION BREW. PLC. CHAMPION	CONSUMER GOODS	₦13.0500	+0.0000%	891,503	—	100.5500	0.1300
TRANSCORP HOTELS PLC TRANSCOHOT	SERVICES	₦223.3000	+0.0000%	230,013	2,287,156,594,176	101.7200	2.2000
SOVEREIGN TRUST INSURANCE PLC SOVRENINS	FINANCIAL SERVICES	₦2.9400	+6.9100%	14,267,790	35,570,348,708	124.5200	0.0200
UNION DICON SALT PLC. UNIONDICON	CONSUMER GOODS	₦23.7500	+0.0000%	35,244	—	140.6700	0.1700
GEREGU POWER PLC GEREGU	UTILITIES	₦1132.5000	+0.0000%	3,114	—	149.6200	7.5700
TANTALIZERS PLC TANTALIZER	SERVICES	₦4.8000	-1.8400%	19,004,904	22,500,000,000	276.7100	0.0200
EUNISELL INTERLINKED PLC EUNISELL	SERVICES	₦209.9500	+0.0000%	15,024	—	415.2500	0.5100
N NIG. FLOUR MILLS PLC. NNFM	CONSUMER GOODS	₦79.4000	+0.0000%	16,815	14,149,080,000	552.6100	0.1400
MORISON INDUSTRIES PLC. MORISON	HEALTHCARE	₦10.6200	+0.0000%	18,092	—	587.5600	0.0200
AXAMANSARD INSURANCE PLC MANSARD	FINANCIAL SERVICES	₦13.5000	+0.0000%	662,355	122,850,000,000	1235.5000	0.0100

Frequently Asked Questions

What is considered a low P/E on the NGX?

A P/E below 5 is generally considered low, but this varies by sector. Always compare within the same industry.

Can low P/E stocks be risky?

Yes. A low P/E may reflect weak growth or business issues. Always combine with earnings trends and balance sheet analysis.

More Valuation Based Signals

Most Undervalued Stocks

Lowest P/E ratio among profitable NGX stocks — classic value investing screen.

Most Overvalued Stocks

Highest P/E ratio on the NGX — stocks priced for perfection.

Lowest EPS

NGX stocks with the lowest (or most negative) earnings per share.

Highest EPS

NGX stocks with the highest earnings per share — the most profitable companies per share.