Low P/E Stocks

109 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 — 109 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%	14,270	—	0.7200	97.3500
OANDO PLC OANDO	OIL AND GAS	₦34.9500	+1.1600%	2,044,514	—	1.3100	26.3300
ACCESS HOLDINGS PLC ACCESSCORP	FINANCIAL SERVICES	₦28.3000	-0.3500%	16,975,338	—	2.0200	14.0900
UNIVERSAL INSURANCE PLC UNIVINSURE	FINANCIAL SERVICES	₦0.7700	+0.0000%	0	—	2.2300	0.3400
CONSOLIDATED HALLMARK HOLDINGS PLC CONHALLPLC	FINANCIAL SERVICES	₦7.0500	+0.0000%	446,150	—	2.3500	3.0000
GREIF NIGERIA PLC VANLEER	INDUSTRIAL GOODS	₦5.4500	+0.0000%	0	232,388,000	2.3600	2.3100
FCMB GROUP PLC. FCMB	FINANCIAL SERVICES	₦11.0000	-1.3600%	4,014,924	—	2.6000	4.2300
ECOBANK TRANSNATIONAL INCORPORATED ETI	FINANCIAL SERVICES	₦71.4000	+1.2800%	5,149,894	—	3.0100	23.0900
R. T. BRISCOE (NIGERIA) PLC RTBRISCOE	SERVICES	₦9.2500	+0.0000%	207,632	—	3.3100	2.7900
JOHN HOLT PLC. JOHNHOLT	CONGLOMERATES	₦8.7500	+0.0000%	45,736	—	3.9900	2.1900
TRANSNATIONAL CORPORATION PLC TRANSCORP	CONGLOMERATES	₦36.0000	+0.0000%	292,803	—	4.7400	7.5900
WEMA BANK PLC. WEMABANK	FINANCIAL SERVICES	₦31.0000	-0.3200%	3,849,350	—	4.7600	6.5100
MUTUAL BENEFITS ASSURANCE PLC. MBENEFIT	FINANCIAL SERVICES	₦3.1100	-3.1200%	4,423,191	—	4.8600	0.6600
CHELLARAMS PLC. CHELLARAM	CONGLOMERATES	₦9.7000	+0.0000%	2,449	—	5.2600	1.8500
NEM INSURANCE PLC NEM	FINANCIAL SERVICES	₦28.2500	+0.0000%	269,778	—	5.3600	5.2700
STERLING FINANCIAL HOLDINGS COMPANY PLC STERLINGNG	FINANCIAL SERVICES	₦76.9500	+0.1300%	2,912,248	—	5.3800	14.2800
UNITED BANK FOR AFRICA PLC UBA	FINANCIAL SERVICES	₦43.1500	+0.3500%	36,369,840	—	5.3900	7.9700
GUARANTY TRUST HOLDING COMPANY PLC GTCO	FINANCIAL SERVICES	₦131.0000	+2.5800%	620,871	—	5.5500	23.0500
ZENITH BANK PLC ZENITHBANK	FINANCIAL SERVICES	₦128.1000	+0.3100%	625,669	—	5.5900	22.8400
FIDELITY BANK PLC FIDELITYBK	FINANCIAL SERVICES	₦20.0500	-0.2500%	136,172	—	5.6000	3.5700
CUSTODIAN INVESTMENT PLC CUSTODIAN	CONGLOMERATES	₦70.0000	+0.0000%	311,496	—	5.7700	12.1400
STANBIC IBTC HOLDINGS PLC STANBIC	FINANCIAL SERVICES	₦168.0000	+0.0000%	2,468,291	—	6.0400	27.8000
IKEJA HOTEL PLC IKEJAHOTEL	SERVICES	₦45.0000	+0.0000%	86,766	—	6.6500	6.7700
CORONATION INSURANCE PLC WAPIC	FINANCIAL SERVICES	₦2.4000	-4.0000%	960,409	—	6.6600	0.3800
HONEYWELL FLOUR MILL PLC HONYFLOUR	CONSUMER GOODS	₦17.6000	-0.2800%	1,495,271	—	6.7200	2.6300
LINKAGE ASSURANCE PLC LINKASSURE	FINANCIAL SERVICES	₦1.6300	+0.0000%	11,404,896	—	6.7400	0.2400
C & I LEASING PLC. CILEASING	SERVICES	₦5.4000	+0.0000%	253,398	—	6.8600	0.7900
AIICO INSURANCE PLC. AIICO	FINANCIAL SERVICES	₦4.0500	+2.2700%	2,149,309	—	7.3000	0.5400
CORNERSTONE INSURANCE PLC CORNERST	FINANCIAL SERVICES	₦4.9000	-1.0100%	343,138	—	7.4900	0.6600
PZ CUSSONS NIGERIA PLC. PZ	CONSUMER GOODS	₦64.5000	+0.0000%	641,995	—	7.5000	8.6000
ARADEL HOLDINGS PLC ARADEL	OIL AND GAS	₦1499.9000	+7.1400%	1,506,705	—	7.9700	175.7200
UNITED CAPITAL PLC UCAP	FINANCIAL SERVICES	₦16.7500	+0.3000%	3,674,467	—	8.0600	2.0700
LEARN AFRICA PLC LEARNAFRCA	SERVICES	₦9.1500	+0.0000%	32,723	—	8.0700	1.1300
UNIVERSITY PRESS PLC. UPL	SERVICES	₦5.0000	+6.3800%	318,385	—	8.4800	0.5500
ETERNA PLC. ETERNA	OIL AND GAS	₦40.0500	+0.0000%	696,112	—	8.4900	4.7100
THE INITIATES PLC TIP	SERVICES	₦25.9000	+0.0000%	1,645,717	—	8.8800	2.9200
VFD GROUP PLC VFDGROUP	INVESTMENT	₦13.0000	-2.2600%	14,256,529	—	8.9200	1.4900
CWG PLC CWG	ICT	₦20.0500	+9.8600%	1,742,913	—	9.1000	2.0000
NPF MICROFINANCE BANK PLC NPFMCRFBK	FINANCIAL SERVICES	₦4.6000	+0.0000%	235,164	—	9.1200	0.5000
BETA GLASS PLC. BETAGLAS	INDUSTRIAL GOODS	₦511.5000	+0.0000%	26,130	—	10.0000	51.1700
DN TYRE & RUBBER PLC DUNLOP	CONSUMER GOODS	₦0.2000	+0.0000%	0	954,533,842	10.0000	0.0200
MCNICHOLS CONSOLIDATED PLC MCNICHOLS	CONSUMER GOODS	₦5.2000	+4.0000%	3,616,697	—	11.0200	0.4500
JAIZ BANK PLC JAIZBANK	FINANCIAL SERVICES	₦7.9000	+3.2700%	7,128,346	—	11.0700	0.6900
MAY & BAKER NIGERIA PLC. MAYBAKER	HEALTHCARE	₦39.7500	+0.0000%	191,874	—	12.5800	3.1600
MTN NIGERIA COMMUNICATIONS PLC MTNN	ICT	₦820.0000	-2.8400%	1,208,028	—	12.5900	67.0300
SFS REAL ESTATE INVESTMENT TRUST SFSREIT	CONSTRUCTION/REAL ESTATE	₦418.7500	+0.0000%	22,404	—	12.6300	33.1500
UPDC REAL ESTATE INVESTMENT TRUST UPDCREIT	CONSTRUCTION/REAL ESTATE	₦23.5000	+0.0000%	2,549,539	—	12.7000	1.8500
NASCON ALLIED INDUSTRIES PLC NASCON	CONSUMER GOODS	₦171.0000	-9.4800%	694,382	—	13.6000	13.8900
INTERNATIONAL ENERGY INSURANCE PLC INTENEGINS	FINANCIAL SERVICES	₦2.0900	-1.4400%	10,055,503	—	13.8000	0.1500
CHEMICAL AND ALLIED PRODUCTS PLC CAP	INDUSTRIAL GOODS	₦108.5000	+0.0000%	60,009	—	14.3900	7.5400
AFRICA PRUDENTIAL PLC AFRIPRUD	FINANCIAL SERVICES	₦11.0000	+0.0000%	311,872	—	14.5900	0.7400
FIRST HOLDCO PLC FIRSTHOLDCO	FINANCIAL SERVICES	₦138.0000	+0.8400%	10,850,935	—	15.4500	8.5400
ABC TRANSPORT PLC ABCTRANS	SERVICES	₦6.0500	+0.0000%	171,881	—	15.4500	0.3900
TRANSCORP POWER PLC TRANSPOWER	UTILITIES	₦178.0000	+0.0000%	60,403	—	15.5500	11.4500
MEYER PLC. MEYER	INDUSTRIAL GOODS	₦15.9500	+0.0000%	40,954	—	15.7000	1.0200
DANGOTE CEMENT PLC DANGCEM	INDUSTRIAL GOODS	₦1066.7000	+0.0000%	121,769	—	15.8400	67.3500
NIGERIAN AVIATION HANDLING COMPANY PLC NAHCO	SERVICES	₦140.0000	+0.0000%	857,308	—	15.9900	8.7600
PRESTIGE ASSURANCE PLC PRESTIGE	FINANCIAL SERVICES	₦1.4000	+0.0000%	342,074	—	16.2600	0.0900
HBM NIGERIA PLC HBMNG	INDUSTRIAL GOODS	₦355.0000	+0.0000%	679,977	—	16.3900	21.6500
LAFARGE AFRICA PLC. WAPCO	INDUSTRIAL GOODS	₦335.0000	+2.1300%	5,046,652	—	16.3900	21.6500
THOMAS WYATT NIGERIA PLC. THOMASWY	NATURAL RESOURCES	₦2.2000	-6.3800%	885,942	—	16.4100	0.1400
VITAFOAM NIGERIA PLC VITAFOAM	CONSUMER GOODS	₦194.0000	+0.0000%	181,140	—	16.7900	11.5500
JULIUS BERGER NIGERIA PLC JBERGER	CONSTRUCTION/REAL ESTATE	₦310.8000	+0.0000%	855	—	17.2600	18.0100
MULTIVERSE MINING AND EXPLORATION PLC MULTIVERSE	NATURAL RESOURCES	₦19.2000	+0.0000%	25,328	—	17.3400	1.1100
UNILEVER NIGERIA PLC. UNILEVER	CONSUMER GOODS	₦102.5000	+0.0000%	1,853,296	—	17.6400	5.8100
AIRTEL AFRICA PLC AIRTELAFRI	ICT	₦6300.0000	+0.0000%	1,045	—	17.9900	269.8800
NESTLE NIGERIA PLC. NESTLE	CONSUMER GOODS	₦2750.0000	+0.0000%	7,821	—	18.2900	150.3400
INDUSTRIAL & MEDICAL GASES NIGERIA PLC IMG	NATURAL RESOURCES	₦28.0000	+0.0000%	3,827	—	18.5700	1.5100
PRESCO PLC PRESCO	AGRICULTURE	₦2045.3000	+0.0000%	10,773	—	19.3900	105.5000
REGENCY ALLIANCE INSURANCE PLC REGALINS	FINANCIAL SERVICES	₦0.7800	+0.0000%	961,543	—	19.6400	0.0400
FIDSON HEALTHCARE PLC FIDSON	HEALTHCARE	₦83.0000	+0.0000%	420,429	—	19.7600	4.2000
CADBURY NIGERIA PLC. CADBURY	CONSUMER GOODS	₦60.0000	+0.0000%	504,293	—	19.8000	3.0300
BUA CEMENT PLC BUACEMENT	INDUSTRIAL GOODS	₦297.0000	+0.0000%	713,390	—	20.1100	14.7700
SEPLAT ENERGY PLC SEPLAT	OIL AND GAS	₦16000.1000	+0.0000%	20,714	—	21.3700	682.2600
FTN COCOA PROCESSORS PLC FTNCOCOA	AGRICULTURE	₦7.6100	-3.5500%	1,557,162	—	21.4000	0.3700
RED STAR EXPRESS PLC REDSTAREX	SERVICES	₦13.4000	+0.0000%	289,925	—	21.4300	0.6300
NIGERIAN BREWERIES PLC NB	CONSUMER GOODS	₦75.0000	+0.1300%	2,034,270	—	22.4600	3.3400
CONOIL PLC CONOIL	OIL AND GAS	₦210.0000	+0.0000%	20,964	—	22.6500	9.2700
UAC OF NIGERIA PLC UACN	CONGLOMERATES	₦184.0000	+0.0000%	216,418	—	23.5300	7.8200
JAPAUL GOLD & VENTURES PLC JAPAULGOLD	OIL AND GAS	₦2.5800	-3.7300%	3,592,786	—	23.9200	0.1100
THE OKOMU OIL PALM COMPANY PLC OKOMUOIL	AGRICULTURE	₦1276.2000	+0.0000%	22,632	—	24.2800	52.5700
BERGER PAINTS PLC BERGER	INDUSTRIAL GOODS	₦147.6000	+0.0000%	2,462	—	24.6900	5.9800
BUA FOODS PLC BUAFOODS	CONSUMER GOODS	₦760.6000	+0.0000%	43,262	—	24.8700	30.5900
GUINNESS NIGERIA PLC GUINNESS	CONSUMER GOODS	₦423.0000	+0.0000%	106,628	—	25.5700	16.5400
ABBEY MORTGAGE BANK PLC ABBEYBDS	FINANCIAL SERVICES	₦8.0500	-7.4700%	719,840	—	26.6700	0.2600
ABBEY BANK PLC ABBEYBANK	FINANCIAL SERVICES	₦6.6500	-5.0000%	1,003,905	—	26.6700	0.2600
AXAMANSARD INSURANCE PLC MANSARD	FINANCIAL SERVICES	₦11.0000	+0.0000%	199,463	—	27.5000	0.4000
NIGERIAN EXCHANGE GROUP PLC NGXGROUP	FINANCIAL SERVICES	₦169.0000	+0.0000%	855,916	—	29.8900	5.6500
INFINITY TRUST MORTGAGE BANK PLC INFINITY	FINANCIAL SERVICES	₦11.2500	+0.0000%	12,784	—	30.7400	0.3700
MECURE INDUSTRIES PLC MECURE	HEALTHCARE	₦56.2000	+0.0000%	26,000	—	31.1700	1.8000
INTERNATIONAL BREWERIES PLC. INTBREW	CONSUMER GOODS	₦9.9500	+4.7400%	921,708	—	33.3500	0.2800
NEIMETH INTERNATIONAL PHARMACEUTICALS PLC NEIMETH	HEALTHCARE	₦7.8000	-1.2700%	1,124,590	—	34.4400	0.2300
AFRICAN ALLIANCE INSURANCE PLC AFRINSURE	FINANCIAL SERVICES	₦0.2000	+0.0000%	0	—	35.6100	0.0100
SKYWAY AVIATION HANDLING COMPANY PLC SKYAVN	SERVICES	₦171.2000	+0.0000%	636	—	42.5000	4.0300
JULI PLC. JULI	SERVICES	₦6.5500	+0.0000%	460	—	45.6500	0.1400
SUNU ASSURANCES NIGERIA PLC. SUNUASSUR	FINANCIAL SERVICES	₦2.9300	+0.0000%	54,553	—	48.6800	0.0600
NCR (NIGERIA) PLC. NCR	ICT	₦161.2000	+0.0000%	909	—	55.9300	2.8800
SCOA NIGERIA PLC SCOA	CONGLOMERATES	₦33.0500	+0.0000%	8,922	—	56.7900	0.5800
CHAMS HOLDING COMPANY PLC CHAMS	ICT	₦3.5000	+1.4300%	7,730,864	—	63.1700	0.0600
E-TRANZACT INTERNATIONAL PLC ETRANZACT	ICT	₦17.3000	+9.8400%	4,853,430	—	66.4600	0.2400
DAAR COMMUNICATIONS PLC DAARCOMM	SERVICES	₦1.4700	-6.3700%	1,988,461	—	66.9600	0.0200
CHAMPION BREWERIES PLC CHAMPION	CONSUMER GOODS	₦10.0000	+0.0000%	1,128,185	—	76.7500	0.1300
GUINEA INSURANCE PLC. GUINEAINS	FINANCIAL SERVICES	₦0.9700	-3.0000%	2,074,470	—	100.6700	0.0100
UNION DICON SALT PLC. UNIONDICON	CONSUMER GOODS	₦23.7500	+0.0000%	10,515	—	118.7000	0.2000
TRANSCORP HOTELS PLC TRANSCOHOT	SERVICES	₦290.5000	+0.0000%	28,546	—	125.4000	2.3200
EUNISELL INTERLINKED PLC EUNISELL	SERVICES	₦189.0000	+0.0000%	7,665	—	179.3400	1.0500
TANTALIZERS PLC TANTALIZER	SERVICES	₦3.9000	-2.0100%	1,773,799	—	196.0500	0.0200
GEREGU POWER PLC GEREGU	UTILITIES	₦825.7000	+0.0000%	1,203	—	217.8500	3.7900
DANGOTE SUGAR REFINERY PLC DANGSUGAR	CONSUMER GOODS	₦67.1500	-1.2500%	1,868,530	—	481.5100	0.1400

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.