Here is a list of good undervalued stocks with P/B ratios below 1 and market cap higher than 1000 crore:
10. Shipping Corporation of India Ltd.
The Shipping Corporation of India was established on October 2nd, 1961, by the amalgamation of Eastern Shipping Corporation and Western Shipping Corporation. As the country’s premier shipping line, the SCI owns and operates around one-third of the Indian tonnage, and has operating interests in practically all areas of the shipping business; servicing both national and international trades.
Market cap: 1127 Rs.Cr.
Price to book: 0.44
Price to sales: 0.22
P/E: 17
Dividend yield: 1.8%
Sales growth: 7.4%
10. Shipping Corporation of India Ltd.
The Shipping Corporation of India was established on October 2nd, 1961, by the amalgamation of Eastern Shipping Corporation and Western Shipping Corporation. As the country’s premier shipping line, the SCI owns and operates around one-third of the Indian tonnage, and has operating interests in practically all areas of the shipping business; servicing both national and international trades.
Market cap: 1127 Rs.Cr.
Price to book: 0.44
Price to sales: 0.22
P/E: 17
Dividend yield: 1.8%
Sales growth: 7.4%
9. Ballarpur Industries Ltd.
Bilt Paper B.V. is India’s and Malaysia’s largest manufacturer of Writing and Printing (W&P) paper. Company’s step down subsidiaries includes, BILT Graphic Paper Products Limited (BGPPL), India’s largest writing and printing paper manufacturer and Sabah Forest Industries (SFI), Malaysia’s largest pulp and paper company.
Market cap: 1127 Rs.Cr.
Price to book: 0.44
Price to sales: 0.22
P/E: 17
Dividend yield: 1.8%
Sales growth: 7.4%
Bilt Paper B.V. is India’s and Malaysia’s largest manufacturer of Writing and Printing (W&P) paper. Company’s step down subsidiaries includes, BILT Graphic Paper Products Limited (BGPPL), India’s largest writing and printing paper manufacturer and Sabah Forest Industries (SFI), Malaysia’s largest pulp and paper company.
Market cap: 1127 Rs.Cr.
Price to book: 0.44
Price to sales: 0.22
P/E: 17
Dividend yield: 1.8%
Sales growth: 7.4%
8. Electrosteel Castings Ltd
India's leading pipeline solutions provider with customers across 35 countries.
Market cap: 1088 Rs.Cr.
Price to book: 0.44
Price to sales: 0.52
P/E: 10.8
Dividend yield: 1.5%
Sales growth: 11.8%
India's leading pipeline solutions provider with customers across 35 countries.
Market cap: 1088 Rs.Cr.
Price to book: 0.44
Price to sales: 0.52
P/E: 10.8
Dividend yield: 1.5%
Sales growth: 11.8%
7. Bajaj Hindusthan Ltd.
Bajaj Hindusthan Limited is a sugar producer in India, reportedly the largest in the country. It is a member of Bajaj Group.
Market cap: 1700 Rs.Cr.
Price to book: 0.43
Price to sales: 0.39
P/E: -
Dividend yield: 0.4%
Sales growth: -
Bajaj Hindusthan Limited is a sugar producer in India, reportedly the largest in the country. It is a member of Bajaj Group.
Market cap: 1700 Rs.Cr.
Price to book: 0.43
Price to sales: 0.39
P/E: -
Dividend yield: 0.4%
Sales growth: -
6. Welspun Corp Ltd.
The company is the second largest manufacturer of large diameter pipes in the world. They have supplied pipes for the world’s deepest pipeline project (Independence Trail', Gulf of Mexico), highest pipeline project (Peru LNG), longest pipeline (Canada to US) and the heaviest pipeline project (Persian Gulf). WCL has an esteemed clientele which includes Transcanada, Enterprise, Kinder Morgan, Texas Gas, Hunt Oil, Saudi Aramco, Elpaso, Exxon Mobil, PTTEP, Qatar Petroleum and DOW, to name a few.
Market cap: 2329 Rs.Cr.
Price to book: 0.42
Price to sales: 0.28
P/E: 60
Dividend yield: 0.6%
Sales growth: -22%
The company is the second largest manufacturer of large diameter pipes in the world. They have supplied pipes for the world’s deepest pipeline project (Independence Trail', Gulf of Mexico), highest pipeline project (Peru LNG), longest pipeline (Canada to US) and the heaviest pipeline project (Persian Gulf). WCL has an esteemed clientele which includes Transcanada, Enterprise, Kinder Morgan, Texas Gas, Hunt Oil, Saudi Aramco, Elpaso, Exxon Mobil, PTTEP, Qatar Petroleum and DOW, to name a few.
Market cap: 2329 Rs.Cr.
Price to book: 0.42
Price to sales: 0.28
P/E: 60
Dividend yield: 0.6%
Sales growth: -22%
5. Mahanagar Telephone Nigam Ltd.
MTNL is the principal provider of fixed-line telecommunication service in the two Metropolitan Cities of Delhi and Mumbai. It offers mobile services in the city of Delhi including four peripheral towns Noida, Gurgaon, Faridabad & Gaziabad and the Mumbai city along with the areas falling under the Mumbai Municipal Corporation, New Mumbai Corporation and Thane Municipal Corporation
Market cap: 2063 Rs.Cr.
Price to book: 0.41
Price to sales: 0.61
P/E: -
Dividend yield: 0%
Sales growth: -1.16%
MTNL is the principal provider of fixed-line telecommunication service in the two Metropolitan Cities of Delhi and Mumbai. It offers mobile services in the city of Delhi including four peripheral towns Noida, Gurgaon, Faridabad & Gaziabad and the Mumbai city along with the areas falling under the Mumbai Municipal Corporation, New Mumbai Corporation and Thane Municipal Corporation
Market cap: 2063 Rs.Cr.
Price to book: 0.41
Price to sales: 0.61
P/E: -
Dividend yield: 0%
Sales growth: -1.16%
4. Rain Industries Ltd.
The company is engaged in the production of Cement, Calcined Petroleum Coke and Power and high-quality basic and specialty chemicals (Coal Tar Pitch etc.)
Market cap: 1345 Rs.Cr.
Price to book: 0.41
Price to sales: 0.11
P/E: 4.2
Dividend yield: 2.5%
Sales growth: 79%
The company is engaged in the production of Cement, Calcined Petroleum Coke and Power and high-quality basic and specialty chemicals (Coal Tar Pitch etc.)
Market cap: 1345 Rs.Cr.
Price to book: 0.41
Price to sales: 0.11
P/E: 4.2
Dividend yield: 2.5%
Sales growth: 79%
3. Housing Development & Infrastructure Ltd.
Housing Development & Infrastructure Limited (HDIL) is of India’s premier real estate development companies, with significant operations in the Mumbai Metropolitan Region. HDIL group has completed more than 100 million sq.ft of construction in all verticals of real estate.
Market cap: 4110 Rs.Cr.
Price to book: 0.39
Price to sales: 4.92
P/E: 23.15
Dividend yield: 0%
Sales growth: -17.6%
Housing Development & Infrastructure Limited (HDIL) is of India’s premier real estate development companies, with significant operations in the Mumbai Metropolitan Region. HDIL group has completed more than 100 million sq.ft of construction in all verticals of real estate.
Market cap: 4110 Rs.Cr.
Price to book: 0.39
Price to sales: 4.92
P/E: 23.15
Dividend yield: 0%
Sales growth: -17.6%
2. Punjab & Sind Bank
Punjab & Sind Bank is a major Public Sector bank in Northern India with a government shareholding of 81.42%. Of its 1320 branches and 800 ATM spread throughout India, 530 Branches are in Punjab state.
Market cap: 1850 Rs.Cr.
Price to book: 0.38
Price to sales: 0.23
P/E: 6.15
Dividend yield: 1.58%
Sales growth: 8.62%
Punjab & Sind Bank is a major Public Sector bank in Northern India with a government shareholding of 81.42%. Of its 1320 branches and 800 ATM spread throughout India, 530 Branches are in Punjab state.
Market cap: 1850 Rs.Cr.
Price to book: 0.38
Price to sales: 0.23
P/E: 6.15
Dividend yield: 1.58%
Sales growth: 8.62%
1. Alok Industries
Is India's largest fully integrated textile company with a dominant presence in the Cotton and Polyester segments.
Market cap: 1810 Rs.Cr.
Price to book: 0.34
Price to sales: 0.13
P/E: 3.4
Dividend yield: 2.28%
Sales growth: 8.68%
Is India's largest fully integrated textile company with a dominant presence in the Cotton and Polyester segments.
Market cap: 1810 Rs.Cr.
Price to book: 0.34
Price to sales: 0.13
P/E: 3.4
Dividend yield: 2.28%
Sales growth: 8.68%
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