Low PE high ROE stock: This mid-cap construction company declared the L1 (lowest) bidder for projects worth Rs 2004.43 crore! Low PE high ROE stock: This mid-cap construction company declared the L1 (lowest) bidder for projects worth Rs 2004.43 crore! The stock has a PE of 12.99x whereas the sectoral PE is 34x with an ROE of 18 per cent respectively. Kiran Shroff / Friday, March 10, 2023 / Article rating: 4.0 The stock has a PE of 12.99x whereas the sectoral PE is 34x with an ROE of 18 per cent respectively.