Low P/E Stocks

113 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 — 113 Stocks

Sorted by signal strength

Company	Sector	Price (₦)	% Change	Volume	Mkt Cap	P/E	EPS (₦)
UH REAL ESTATE INVESTMENT TRUST UHOMREIT	CONSTRUCTION/REAL ESTATE	₦70.0000	+0.0000%	45,498	—	0.7200	97.3700
ACCESS HOLDINGS PLC ACCESSCORP	FINANCIAL SERVICES	₦24.7500	-1.0000%	17,811,344	—	1.7700	14.0900
OANDO PLC OANDO	OIL AND GAS	₦38.0000	+2.6300%	4,772,912	—	1.9100	19.8700
GREIF NIGERIA PLC VANLEER	INDUSTRIAL GOODS	₦5.4500	+0.0000%	0	232,388,000	2.3600	2.3100
FCMB GROUP PLC. FCMB	FINANCIAL SERVICES	₦10.5000	-2.7800%	6,351,340	—	2.5000	4.3200
LINKAGE ASSURANCE PLC LINKASSURE	FINANCIAL SERVICES	₦1.5000	+1.3500%	3,938,444	27,535,200,000	3.1500	0.4700
ECOBANK TRANSNATIONAL INCORPORATED ETI	FINANCIAL SERVICES	₦85.7000	+0.0000%	739,986	—	3.6100	23.4200
WEMA BANK PLC. WEMABANK	FINANCIAL SERVICES	₦29.4000	+0.5100%	4,839,680	—	4.1000	7.1300
ZENITH BANK PLC ZENITHBANK	FINANCIAL SERVICES	₦109.0000	+0.3700%	30,042,445	—	4.2800	25.3700
MUTUAL BENEFITS ASSURANCE PLC. MBENEFIT	FINANCIAL SERVICES	₦3.6400	+6.4300%	3,391,823	—	4.3100	0.7900
R T BRISCOE PLC. RTBRISCOE	SERVICES	₦12.7500	-3.0400%	547,366	14,233,859,878	4.6500	2.8300
TRANSNATIONAL CORPORATION PLC TRANSCORP	CONGLOMERATES	₦43.0000	+6.1700%	2,888,045	—	4.6700	8.6800
STERLING FINANCIAL HOLDINGS COMPANY PLC STERLINGNG	FINANCIAL SERVICES	₦8.0000	+3.2300%	56,694,409	—	5.1000	1.5200
UNITED BANK FOR AFRICA PLC UBA	FINANCIAL SERVICES	₦41.0000	+0.2400%	13,078,666	—	5.1300	7.9700
GUARANTY TRUST HOLDING COMPANY PLC GTCO	FINANCIAL SERVICES	₦125.8000	+1.1300%	10,068,639	4,539,538,505,639	5.2800	23.5500
CUSTODIAN INVESTMENT PLC CUSTODIAN	CONGLOMERATES	₦69.0000	+4.7000%	783,641	387,614,850,451	5.4800	12.0300
VERITAS KAPITAL ASSURANCE PLC VERITASKAP	FINANCIAL SERVICES	₦1.4600	+0.6900%	10,580,648	—	5.5400	0.2600
FIDELITY BANK PLC FIDELITYBK	FINANCIAL SERVICES	₦20.9500	+5.2800%	27,255,775	—	5.5700	3.5700
THE INITIATES PLC TIP	SERVICES	₦29.8000	+1.0200%	4,204,374	—	6.2500	4.7200
UPDC REAL ESTATE INVESTMENT TRUST UPDCREIT	CONSTRUCTION/REAL ESTATE	₦10.6500	+0.0000%	861,008	—	6.3000	1.6900
JOHN HOLT PLC. JOHNHOLT	CONGLOMERATES	₦11.2000	+0.0000%	38,578	—	6.3500	1.7600
IKEJA HOTEL PLC IKEJAHOTEL	SERVICES	₦42.5000	+0.0000%	47,256	—	6.4700	6.5700
STANBIC IBTC HOLDINGS PLC STANBIC	FINANCIAL SERVICES	₦166.9000	+2.3900%	22,776,167	2,496,577,771,622	6.6300	24.5900
P Z CUSSONS NIGERIA PLC. PZ	CONSUMER GOODS	₦81.0000	+0.0000%	998,345	—	6.8700	11.7900
C & I LEASING PLC. CILEASING	SERVICES	₦5.8000	-3.3300%	2,010,566	—	7.1100	0.8400
CORONATION INSURANCE PLC WAPIC	FINANCIAL SERVICES	₦2.4200	+6.6100%	11,115,011	—	7.7000	0.2900
AIICO INSURANCE PLC. AIICO	FINANCIAL SERVICES	₦3.9600	+3.2800%	3,986,502	—	7.9700	0.5000
HONEYWELL FLOUR MILL PLC HONYFLOUR	CONSUMER GOODS	₦16.8500	+0.9000%	1,725,268	—	8.0300	2.0800
CORNERSTONE INSURANCE PLC CORNERST	FINANCIAL SERVICES	₦5.6000	+0.0000%	489,463	101,731,799,260	8.3500	0.6700
ARADEL HOLDINGS PLC ARADEL	OIL AND GAS	₦1526.8000	+0.0000%	1,797,857	—	8.4300	181.0800
CONSOLIDATED HALLMARK HOLDINGS PLC CONHALLPLC	FINANCIAL SERVICES	₦6.7200	-3.8600%	1,786,769	—	8.9700	0.7800
NEM INSURANCE PLC NEM	FINANCIAL SERVICES	₦28.0000	+0.0000%	497,718	—	9.3200	3.0000
CWG PLC CWG	ICT	₦19.0000	-2.5600%	1,021,027	—	9.8300	1.9800
UNITED CAPITAL PLC UCAP	FINANCIAL SERVICES	₦17.7500	-1.1300%	5,432,174	—	9.9900	1.7800
DN TYRE & RUBBER PLC DUNLOP	CONSUMER GOODS	₦0.2000	+0.0000%	0	954,533,842	10.0000	0.0200
NPF MICROFINANCE BANK PLC NPFMCRFBK	FINANCIAL SERVICES	₦5.0000	+0.0000%	929,546	29,964,772,785	10.1100	0.4900
ETERNA PLC. ETERNA	OIL AND GAS	₦28.8000	+0.0000%	117,816	62,962,813,584	10.4000	2.7700
UNIVERSITY PRESS PLC. UPL	SERVICES	₦5.2500	+0.0000%	493,726	—	10.6000	0.5000
BETA GLASS PLC. BETAGLAS	INDUSTRIAL GOODS	₦562.8000	+0.0000%	27,879	337,661,089,920	10.8600	51.8300
LEARN AFRICA PLC LEARNAFRCA	SERVICES	₦9.9000	+0.0000%	73,941	7,637,355,000	11.4100	0.8700
MCNICHOLS PLC MCNICHOLS	CONSUMER GOODS	₦5.0000	+8.7000%	3,971,041	—	12.3200	0.3700
VFD GROUP PLC VFDGROUP	INVESTMENT	₦10.7000	+0.0000%	10,482,383	—	12.4700	0.8600
SFS REAL ESTATE INVESTMENT TRUST SFSREIT	CONSTRUCTION/REAL ESTATE	₦418.7500	+0.0000%	4,393	—	12.5600	33.3500
JAIZ BANK PLC JAIZBANK	FINANCIAL SERVICES	₦8.6000	-2.8200%	13,645,929	—	12.6700	0.7000
MTN NIGERIA COMMUNICATIONS PLC MTNN	ICT	₦820.0000	+0.0000%	1,135,757	—	12.8800	63.6500
FIRST HOLDCO PLC FIRSTHOLDCO	FINANCIAL SERVICES	₦79.3500	+9.9800%	78,657,490	—	13.1600	5.2200
NASCON ALLIED INDUSTRIES PLC NASCON	CONSUMER GOODS	₦180.0000	+0.0000%	478,341	—	13.5700	13.2600
MAY & BAKER NIGERIA PLC. MAYBAKER	HEALTHCARE	₦38.0000	+0.0000%	313,749	—	14.3600	2.6500
DANGOTE CEMENT PLC DANGCEM	INDUSTRIAL GOODS	₦1047.0000	+0.0000%	2,505,955	—	15.6900	66.7100
VITAFOAM NIG PLC. VITAFOAM	CONSUMER GOODS	₦194.8000	+0.0000%	113,725	—	16.6400	11.7100
LAFARGE AFRICA PLC. WAPCO	INDUSTRIAL GOODS	₦335.0000	+2.1300%	5,046,652	—	16.7400	20.0200
HBM NIGERIA PLC HBMNG	INDUSTRIAL GOODS	₦330.0000	-1.4900%	6,254,335	—	16.7400	20.0200
LIVINGTRUST MORTGAGE BANK PLC LIVINGTRUST	FINANCIAL SERVICES	₦3.3900	+0.0000%	20,769	16,950,000,000	16.7600	0.2000
JULIUS BERGER NIG. PLC. JBERGER	CONSTRUCTION/REAL ESTATE	₦310.8000	+0.0000%	6,386	—	17.3000	17.9700
MULTIVERSE MINING AND EXPLORATION PLC MULTIVERSE	NATURAL RESOURCES	₦25.5000	+0.0000%	3,619	—	17.6000	1.4500
AFRICA PRUDENTIAL PLC AFRIPRUD	FINANCIAL SERVICES	₦12.6500	+0.0000%	589,773	—	18.3800	0.6900
ASSOCIATED BUS COMPANY PLC ABCTRANS	SERVICES	₦7.8000	+0.0000%	71,495	18,662,449,837	19.3300	0.4000
PRESCO PLC PRESCO	AGRICULTURE	₦2300.0000	+0.0000%	15,093	—	19.5800	117.4500
CADBURY NIGERIA PLC. CADBURY	CONSUMER GOODS	₦57.0000	+0.0000%	243,378	—	19.5900	2.9100
NIGERIAN BREW. PLC. NB	CONSUMER GOODS	₦74.0000	+4.2300%	899,755	—	19.9400	3.5600
ACADEMY PRESS PLC. ACADEMY	SERVICES	₦6.4000	+0.0000%	661,525	—	20.1900	0.3200
INDUSTRIAL & MEDICAL GASES NIGERIA PLC IMG	NATURAL RESOURCES	₦34.1000	+0.0000%	14,311	—	20.7000	1.6500
CAP PLC CAP	INDUSTRIAL GOODS	₦157.6000	+0.0000%	199,757	—	20.7900	7.5800
TRANSCORP POWER PLC TRANSPOWER	UTILITIES	₦245.5000	+0.0000%	10,146	—	20.8100	11.8000
UNILEVER NIGERIA PLC. UNILEVER	CONSUMER GOODS	₦121.0000	-1.3500%	789,101	—	20.9700	5.8500
MEYER PLC. MEYER	INDUSTRIAL GOODS	₦18.5500	+0.0000%	11,423	—	20.9900	0.8800
NESTLE NIGERIA PLC. NESTLE	CONSUMER GOODS	₦3125.0000	+0.0000%	4,093	—	21.7700	143.5500
NIGERIAN AVIATION HANDLING COMPANY PLC NAHCO	SERVICES	₦172.1000	-2.7700%	492,065	—	22.2300	7.9600
FIDSON HEALTHCARE PLC FIDSON	HEALTHCARE	₦102.7500	+0.0000%	491,108	—	22.2900	4.6100
SUNU ASSURANCES NIGERIA PLC. SUNUASSUR	FINANCIAL SERVICES	₦4.0000	+0.0000%	1,336,263	—	22.4300	0.1800
OKOMU OIL PALM PLC. OKOMUOIL	AGRICULTURE	₦1418.0000	+0.0000%	54,495	1,352,644,380,000	22.6200	62.7000
BUA CEMENT PLC BUACEMENT	INDUSTRIAL GOODS	₦306.2000	+0.0000%	1,699,185	—	22.9800	13.3300
GUINNESS NIG PLC GUINNESS	CONSUMER GOODS	₦329.0000	+0.0000%	99,813	—	23.3900	14.0600
REGENCY ASSURANCE PLC REGALINS	FINANCIAL SERVICES	₦0.9500	-3.1600%	789,607	—	24.6100	0.0400
BERGER PAINTS PLC BERGER	INDUSTRIAL GOODS	₦147.6000	+0.0000%	3,324	—	24.9000	5.9300
AIRTEL AFRICA PLC AIRTELAFRI	ICT	₦5801.4000	+0.0000%	3,483	—	25.0300	257.6200
CONOIL PLC CONOIL	OIL AND GAS	₦210.0000	+0.0000%	66,493	—	25.1900	8.3400
SEPLAT ENERGY PLC SEPLAT	OIL AND GAS	₦11363.9000	+0.0000%	114,487	—	25.7800	403.6100
INTERNATIONAL ENERGY INSURANCE PLC INTENEGINS	FINANCIAL SERVICES	₦4.6600	+0.0000%	440,416	—	27.1100	0.1700
FTN COCOA PROCESSORS PLC FTNCOCOA	AGRICULTURE	₦8.1800	-0.3700%	1,814,985	—	27.2900	0.3000
SKYWAY AVIATION HANDLING COMPANY PLC SKYAVN	SERVICES	₦171.2000	+0.0000%	3,196	—	27.3100	6.2700
THOMAS WYATT NIG. PLC. THOMASWY	NATURAL RESOURCES	₦2.9400	+9.2900%	1,107,839	—	28.2000	0.1000
U A C N PLC. UACN	CONGLOMERATES	₦199.9500	+0.0000%	237,735	—	28.3700	7.0500
S C O A NIG. PLC. SCOA	CONGLOMERATES	₦33.0500	+0.0000%	6,411	—	30.4500	1.0900
INFINITY TRUST MORTGAGE BANK PLC INFINITY	FINANCIAL SERVICES	₦11.2500	+0.0000%	1,220	—	31.2200	0.3600
BUA FOODS PLC BUAFOODS	CONSUMER GOODS	₦939.0000	+0.0000%	41,780	—	31.5600	29.7500
NIGERIAN EXCHANGE GROUP NGXGROUP	FINANCIAL SERVICES	₦131.1000	-4.3800%	1,681,284	—	32.3500	4.2400
PRESTIGE ASSURANCE PLC PRESTIGE	FINANCIAL SERVICES	₦1.4500	+0.0000%	737,984	—	33.7200	0.0400
JAPAUL GOLD & VENTURES PLC JAPAULGOLD	OIL AND GAS	₦3.0000	+1.0100%	4,565,531	—	34.6300	0.0900
RED STAR EXPRESS PLC REDSTAREX	SERVICES	₦22.1000	+0.0000%	24,375	—	36.2300	0.6100
ABBEY BANK PLC ABBEYBANK	FINANCIAL SERVICES	₦9.7000	+2.1100%	1,725,029	—	37.9800	0.2500
ABBEY MORTGAGE BANK PLC ABBEYBDS	FINANCIAL SERVICES	₦8.0500	-7.4700%	719,840	—	37.9800	0.2500
NEIMETH INTERNATIONAL PHARMACEUTICALS PLC NEIMETH	HEALTHCARE	₦9.0500	+0.0000%	918,462	—	39.2900	0.2300
ROYAL EXCHANGE PLC. ROYALEX	FINANCIAL SERVICES	₦1.5700	+0.0000%	758,856	—	40.4100	0.0400
MECURE INDUSTRIES PLC MECURE	HEALTHCARE	₦85.4500	+0.0000%	163,698	—	47.2400	1.8100
JULI PLC. JULI	SERVICES	₦7.2500	+0.0000%	400	—	47.7300	0.1500
CHELLARAMS PLC. CHELLARAM	CONGLOMERATES	₦13.2000	+0.0000%	8,549	—	47.7900	0.2800
INTERNATIONAL BREWERIES PLC. INTBREW	CONSUMER GOODS	₦13.0500	-6.1200%	3,359,235	—	56.8400	0.2400
E-TRANZACT INTERNATIONAL PLC ETRANZACT	ICT	₦14.5000	+0.0000%	144,559	133,399,997,332	56.8600	0.2600
CHAMS HOLDING COMPANY PLC CHAMS	ICT	₦4.3700	-0.9100%	9,421,036	—	61.1900	0.0700
UPDC PLC UPDC	CONSTRUCTION/REAL ESTATE	₦3.8500	-2.5300%	6,164,839	—	78.2200	0.0500
NCR (NIGERIA) PLC. NCR	ICT	₦161.2000	+0.0000%	2,404	—	89.8600	1.7900
CHAMPION BREW. PLC. CHAMPION	CONSUMER GOODS	₦12.0000	-0.4200%	11,602,075	—	92.4600	0.1300
SOVEREIGN TRUST INSURANCE PLC SOVRENINS	FINANCIAL SERVICES	₦2.0000	-7.0000%	1,331,839	—	93.1700	0.0200
GEREGU POWER PLC GEREGU	UTILITIES	₦825.7000	+0.0000%	3,678	—	109.0800	7.5700
TRANSCORP HOTELS PLC TRANSCOHOT	SERVICES	₦242.0000	+0.0000%	26,888	—	110.2400	2.2000
UNION DICON SALT PLC. UNIONDICON	CONSUMER GOODS	₦23.7500	+0.0000%	305	—	140.6700	0.1700
TANTALIZERS PLC TANTALIZER	SERVICES	₦4.3300	+3.1000%	3,934,977	—	237.6600	0.0200
TRIPPLE GEE AND COMPANY PLC. TRIPPLEG	INDUSTRIAL GOODS	₦3.8900	+8.9600%	738,265	—	277.9900	0.0100
EUNISELL INTERLINKED PLC EUNISELL	SERVICES	₦210.0000	+0.0000%	844	—	415.3500	0.5100
N NIG. FLOUR MILLS PLC. NNFM	CONSUMER GOODS	₦79.4000	+0.0000%	2,751	—	552.6100	0.1400
MORISON INDUSTRIES PLC. MORISON	HEALTHCARE	₦10.4000	+0.0000%	27,032	—	575.3800	0.0200
AXAMANSARD INSURANCE PLC MANSARD	FINANCIAL SERVICES	₦11.7000	-5.9800%	2,591,911	—	1070.7600	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.