Low P/E Stocks

108 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 — 108 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%	38,256	—	0.7200	97.3500
OANDO PLC OANDO	OIL AND GAS	₦34.0000	+2.7200%	4,409,507	—	1.2600	26.3300
ACCESS HOLDINGS PLC ACCESSCORP	FINANCIAL SERVICES	₦32.1000	+8.8100%	126,537,009	—	2.0900	14.0900
CONSOLIDATED HALLMARK HOLDINGS PLC CONHALLPLC	FINANCIAL SERVICES	₦6.0100	-4.6000%	6,499,196	—	2.1000	3.0000
UNIVERSAL INSURANCE PLC UNIVINSURE	FINANCIAL SERVICES	₦0.7700	+0.0000%	0	12,320,000,000	2.2300	0.3400
GREIF NIGERIA PLC VANLEER	INDUSTRIAL GOODS	₦5.4500	+0.0000%	0	232,388,000	2.3600	2.3100
FCMB GROUP PLC. FCMB	FINANCIAL SERVICES	₦11.7000	+5.8800%	24,954,884	—	2.6100	4.2300
ECOBANK TRANSNATIONAL INCORPORATED ETI	FINANCIAL SERVICES	₦74.0000	+8.9800%	1,204,231	—	2.9000	23.0900
R T BRISCOE PLC. RTBRISCOE	SERVICES	₦11.4000	+0.0000%	385,034	—	4.0800	2.7900
JOHN HOLT PLC. JOHNHOLT	CONGLOMERATES	₦9.1000	+0.0000%	140,969	—	4.1500	2.1900
WEMA BANK PLC. WEMABANK	FINANCIAL SERVICES	₦29.0000	+1.0500%	2,278,179	—	4.4100	6.5100
TRANSNATIONAL CORPORATION PLC TRANSCORP	CONGLOMERATES	₦36.7500	+2.0800%	8,078,721	—	4.7400	7.5900
ZENITH BANK PLC ZENITHBANK	FINANCIAL SERVICES	₦127.4000	+5.2900%	25,370,492	—	4.7700	25.3700
MUTUAL BENEFITS ASSURANCE PLC. MBENEFIT	FINANCIAL SERVICES	₦3.1500	-1.2500%	9,509,167	—	4.8300	0.6600
CHELLARAMS PLC. CHELLARAM	CONGLOMERATES	₦9.7000	+0.0000%	37,853	—	5.2600	1.8500
FIDELITY BANK PLC FIDELITYBK	FINANCIAL SERVICES	₦20.0000	+4.1700%	8,963,215	—	5.3700	3.5700
STERLING FINANCIAL HOLDINGS COMPANY PLC STERLINGNG	FINANCIAL SERVICES	₦7.8500	+1.2900%	4,199,216	—	5.4300	1.4300
CORONATION INSURANCE PLC WAPIC	FINANCIAL SERVICES	₦2.1900	+6.8300%	17,011,112	—	5.4600	0.3800
GUARANTY TRUST HOLDING COMPANY PLC GTCO	FINANCIAL SERVICES	₦133.0000	+3.1000%	33,178,433	—	5.4800	23.5500
IKEJA HOTEL PLC IKEJAHOTEL	SERVICES	₦42.5500	+9.9500%	1,743,641	—	5.7200	6.7700
UNITED BANK FOR AFRICA PLC UBA	FINANCIAL SERVICES	₦47.3500	+3.1600%	31,489,551	—	5.7600	7.9700
NEM INSURANCE PLC NEM	FINANCIAL SERVICES	₦30.9500	+0.0000%	288,068	—	5.8700	5.2700
CUSTODIAN INVESTMENT PLC CUSTODIAN	CONGLOMERATES	₦73.4500	+0.0000%	214,328	—	6.0500	12.1400
HONEYWELL FLOUR MILL PLC HONYFLOUR	CONSUMER GOODS	₦17.0000	+6.2500%	3,065,829	—	6.1700	2.6300
STANBIC IBTC HOLDINGS PLC STANBIC	FINANCIAL SERVICES	₦156.1000	+0.0000%	2,117,957	—	6.3500	24.5900
PZ CUSSONS NIGERIA PLC. PZ	CONSUMER GOODS	₦81.0000	+7.8600%	3,652,214	—	6.3700	11.7900
AIICO INSURANCE PLC. AIICO	FINANCIAL SERVICES	₦3.7600	+1.6200%	5,499,563	135,439,521,248	6.8200	0.5400
C & I LEASING PLC. CILEASING	SERVICES	₦5.4000	+0.0000%	504,604	—	6.8600	0.7900
LINKAGE ASSURANCE PLC LINKASSURE	FINANCIAL SERVICES	₦1.8300	+2.2300%	6,432,186	—	7.4000	0.2400
ETERNA PLC. ETERNA	OIL AND GAS	₦35.8000	+0.7000%	3,251,244	—	7.5400	4.7100
VFD GROUP PLC VFDGROUP	INVESTMENT	₦11.2500	-0.4400%	1,435,254	—	7.5800	1.4900
UPDC REAL ESTATE INVESTMENT TRUST UPDCREIT	CONSTRUCTION/REAL ESTATE	₦14.2000	+0.0000%	793,915	—	7.6800	1.8500
LEARN AFRICA PLC LEARNAFRCA	SERVICES	₦8.7000	+0.0000%	93,542	—	7.6800	1.1300
ARADEL HOLDINGS PLC ARADEL	OIL AND GAS	₦1415.0000	+3.0600%	2,379,885	—	7.8100	175.7200
NPF MICROFINANCE BANK PLC NPFMCRFBK	FINANCIAL SERVICES	₦4.2000	+3.7000%	1,183,965	—	8.0300	0.5000
CORNERSTONE INSURANCE PLC CORNERST	FINANCIAL SERVICES	₦5.2500	-1.8700%	1,899,277	—	8.0900	0.6600
UNITED CAPITAL PLC UCAP	FINANCIAL SERVICES	₦17.9500	+5.5900%	12,694,094	—	8.2100	2.0700
THE INITIATES PLC TIP	SERVICES	₦25.1500	-0.4000%	9,204,483	—	8.6600	2.9200
MCNICHOLS PLC MCNICHOLS	CONSUMER GOODS	₦4.5000	+0.0000%	1,511,013	—	9.9200	0.4500
DN TYRE & RUBBER PLC DUNLOP	CONSUMER GOODS	₦0.2000	+0.0000%	0	954,533,842	10.0000	0.0200
UNIVERSITY PRESS PLC. UPL	SERVICES	₦5.5000	+0.0000%	66,081	—	10.2900	0.5500
CWG PLC CWG	ICT	₦21.4000	+0.0000%	442,570	—	10.6800	2.0000
BETA GLASS PLC. BETAGLAS	INDUSTRIAL GOODS	₦562.8000	+0.0000%	12,494	—	11.0000	51.1700
JAIZ BANK PLC JAIZBANK	FINANCIAL SERVICES	₦7.9000	-0.6300%	18,376,358	—	11.5100	0.6900
MTN NIGERIA COMMUNICATIONS PLC MTNN	ICT	₦807.0000	+4.2600%	7,321,852	—	11.5500	67.0300
MAY & BAKER NIGERIA PLC. MAYBAKER	HEALTHCARE	₦37.0000	+0.0000%	326,732	—	11.7100	3.1600
SFS REAL ESTATE INVESTMENT TRUST SFSREIT	CONSTRUCTION/REAL ESTATE	₦418.7500	+0.0000%	635	—	12.6300	33.1500
ASSOCIATED BUS COMPANY PLC ABCTRANS	SERVICES	₦5.2500	+0.0000%	782,327	—	13.4000	0.3900
NASCON ALLIED INDUSTRIES PLC NASCON	CONSUMER GOODS	₦195.0000	+0.0000%	248,203	—	14.0400	13.8900
CAP PLC CAP	INDUSTRIAL GOODS	₦115.4500	+0.0000%	154,101	—	15.3100	7.5400
DANGOTE CEMENT PLC DANGCEM	INDUSTRIAL GOODS	₦1034.0000	+0.0000%	878,097	—	15.3500	67.3500
LAFARGE AFRICA PLC. WAPCO	INDUSTRIAL GOODS	₦335.0000	+2.1300%	5,046,652	—	15.4200	21.6500
HBM NIGERIA PLC HBMNG	INDUSTRIAL GOODS	₦335.0000	+0.3000%	6,252,038	—	15.4200	21.6500
MEYER PLC. MEYER	INDUSTRIAL GOODS	₦15.9500	+0.0000%	4,828	—	15.7000	1.0200
AFRICA PRUDENTIAL PLC AFRIPRUD	FINANCIAL SERVICES	₦11.1000	+0.0000%	966,081	—	16.1200	0.6900
PRESTIGE ASSURANCE PLC PRESTIGE	FINANCIAL SERVICES	₦1.4000	-2.1400%	2,708,324	—	16.2600	0.0900
FIRST HOLDCO PLC FIRSTHOLDCO	FINANCIAL SERVICES	₦145.0000	-0.0300%	14,467,751	—	16.3700	8.5400
VITAFOAM NIG PLC. VITAFOAM	CONSUMER GOODS	₦194.0000	+0.0000%	885,025	—	16.7900	11.5500
NIGERIAN AVIATION HANDLING COMPANY PLC NAHCO	SERVICES	₦150.2000	+0.0000%	598,787	—	17.1500	8.7600
JULIUS BERGER NIG. PLC. JBERGER	CONSTRUCTION/REAL ESTATE	₦310.8000	+0.0000%	9,725	—	17.2600	18.0100
SEPLAT ENERGY PLC SEPLAT	OIL AND GAS	₦12320.6000	+0.0000%	223,972	—	17.5500	682.2600
FIDSON HEALTHCARE PLC FIDSON	HEALTHCARE	₦79.0000	+2.6000%	1,315,192	—	18.3300	4.2000
INTERNATIONAL ENERGY INSURANCE PLC INTENEGINS	FINANCIAL SERVICES	₦2.8200	-0.7000%	16,766,801	—	18.7600	0.1500
NESTLE NIGERIA PLC. NESTLE	CONSUMER GOODS	₦2830.0000	+0.0000%	80,215	—	18.8200	150.3400
TRANSCORP POWER PLC TRANSPOWER	UTILITIES	₦219.6000	+0.0000%	13,532	—	19.1800	11.4500
THOMAS WYATT NIG. PLC. THOMASWY	NATURAL RESOURCES	₦2.7500	+0.0000%	82,676	—	19.2000	0.1400
MULTIVERSE MINING AND EXPLORATION PLC MULTIVERSE	NATURAL RESOURCES	₦21.3000	+0.0000%	25,196	—	19.2300	1.1100
PRESCO PLC PRESCO	AGRICULTURE	₦2045.3000	+0.0000%	16,200	—	19.3900	105.5000
UNILEVER NIGERIA PLC. UNILEVER	CONSUMER GOODS	₦114.0000	+0.0000%	256,062	—	19.6200	5.8100
REGENCY ASSURANCE PLC REGALINS	FINANCIAL SERVICES	₦0.8600	+7.5000%	850,917	—	20.1400	0.0400
NIGERIAN BREW. PLC. NB	CONSUMER GOODS	₦75.0000	+8.0700%	31,245,501	—	20.7800	3.3400
BUA CEMENT PLC BUACEMENT	INDUSTRIAL GOODS	₦309.0000	-2.2200%	2,897,695	—	21.4000	14.7700
CADBURY NIGERIA PLC. CADBURY	CONSUMER GOODS	₦64.9000	+0.0000%	866,000	—	21.4200	3.0300
FTN COCOA PROCESSORS PLC FTNCOCOA	AGRICULTURE	₦7.5000	-6.2500%	1,420,322	—	21.7000	0.3700
NIGERIAN EXCHANGE GROUP NGXGROUP	FINANCIAL SERVICES	₦133.4000	+6.7200%	4,505,737	—	22.1100	5.6500
AIRTEL AFRICA PLC AIRTELAFRI	ICT	₦6300.0000	+0.0000%	2,351	—	22.3400	269.8800
INDUSTRIAL & MEDICAL GASES NIGERIA PLC IMG	NATURAL RESOURCES	₦34.1000	+0.0000%	9,973	—	22.6100	1.5100
CONOIL PLC CONOIL	OIL AND GAS	₦210.0000	+0.0000%	55,447	—	22.6500	9.2700
UAC OF NIGERIA PLC UACN	CONGLOMERATES	₦177.8500	+0.0000%	262,565	—	22.7400	7.8200
GUINNESS NIGERIA PLC GUINNESS	CONSUMER GOODS	₦384.8000	+0.0000%	607,248	—	23.2600	16.5400
BERGER PAINTS PLC BERGER	INDUSTRIAL GOODS	₦147.6000	+0.0000%	2,956	—	24.6900	5.9800
BUA FOODS PLC BUAFOODS	CONSUMER GOODS	₦760.6000	+0.0000%	100,277	—	24.8700	30.5900
JAPAUL GOLD & VENTURES PLC JAPAULGOLD	OIL AND GAS	₦2.7500	-3.8500%	14,865,373	—	25.5300	0.1100
RED STAR EXPRESS PLC REDSTAREX	SERVICES	₦16.1500	+0.0000%	598,981	—	25.8300	0.6300
OKOMU OIL PALM PLC. OKOMUOIL	AGRICULTURE	₦1418.0000	+0.0000%	23,759	—	26.9700	52.5700
AXAMANSARD INSURANCE PLC MANSARD	FINANCIAL SERVICES	₦12.0000	+0.0000%	561,902	—	30.0000	0.4000
INFINITY TRUST MORTGAGE BANK PLC INFINITY	FINANCIAL SERVICES	₦11.2500	+0.0000%	13,638	—	30.7400	0.3700
MECURE INDUSTRIES PLC MECURE	HEALTHCARE	₦56.2000	+0.0000%	295,120	—	31.1700	1.8000
ABBEY BANK PLC ABBEYBANK	FINANCIAL SERVICES	₦7.7000	-9.4100%	607,681	—	32.3900	0.2600
ABBEY MORTGAGE BANK PLC ABBEYBDS	FINANCIAL SERVICES	₦8.0500	-7.4700%	719,840	—	32.3900	0.2600
INTERNATIONAL BREWERIES PLC. INTBREW	CONSUMER GOODS	₦9.8000	+5.9500%	1,891,891	—	32.4700	0.2800
NEIMETH INTERNATIONAL PHARMACEUTICALS PLC NEIMETH	HEALTHCARE	₦7.9000	+1.2800%	820,388	—	34.0100	0.2300
SKYWAY AVIATION HANDLING COMPANY PLC SKYAVN	SERVICES	₦171.2000	+0.0000%	1,518	—	42.5000	4.0300
SUNU ASSURANCES NIGERIA PLC. SUNUASSUR	FINANCIAL SERVICES	₦3.1200	+9.8600%	482,585	—	47.1800	0.0600
JULI PLC. JULI	SERVICES	₦7.2500	+0.0000%	1,005	—	50.5300	0.1400
E-TRANZACT INTERNATIONAL PLC ETRANZACT	ICT	₦13.2500	+0.0000%	200,813	—	55.9100	0.2400
NCR (NIGERIA) PLC. NCR	ICT	₦161.2000	+0.0000%	522	—	55.9300	2.8800
S C O A NIG. PLC. SCOA	CONGLOMERATES	₦33.0500	+0.0000%	16,005	—	56.7900	0.5800
DAAR COMMUNICATIONS PLC DAARCOMM	SERVICES	₦1.5100	+0.0000%	1,305,768	—	64.4000	0.0200
CHAMS HOLDING COMPANY PLC CHAMS	ICT	₦3.9900	+0.2500%	9,637,604	—	71.8300	0.0600
CHAMPION BREW. PLC. CHAMPION	CONSUMER GOODS	₦10.5000	+5.5300%	2,791,003	—	76.3600	0.1300
GUINEA INSURANCE PLC. GUINEAINS	FINANCIAL SERVICES	₦0.7500	-2.6000%	3,421,832	—	77.5200	0.0100
TRANSCORP HOTELS PLC TRANSCOHOT	SERVICES	₦265.5000	+0.0000%	13,317	—	114.6000	2.3200
UNION DICON SALT PLC. UNIONDICON	CONSUMER GOODS	₦23.7500	+0.0000%	8,623	—	118.7000	0.2000
EUNISELL INTERLINKED PLC EUNISELL	SERVICES	₦189.0000	+0.0000%	1,755	—	126.4100	1.5000
TANTALIZERS PLC TANTALIZER	SERVICES	₦3.8200	-4.9800%	7,909,175	—	198.0200	0.0200
GEREGU POWER PLC GEREGU	UTILITIES	₦825.7000	+0.0000%	1,896	—	217.8500	3.7900
DANGOTE SUGAR REFINERY PLC DANGSUGAR	CONSUMER GOODS	₦70.0000	+1.4500%	5,374,771	—	488.5900	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.