Low PE high ROE stock: This mid-cap construction company declared the L1 (lowest) bidder for a project worth Rs 771.46 crore! Low PE high ROE stock: This mid-cap construction company declared the L1 (lowest) bidder for a project worth Rs 771.46 crore! The stock has a PE of 12.44x whereas the sectoral PE is 34x with an ROE of 18 per cent. Kiran Shroff / Wednesday, March 1, 2023 / Article rating: 4.0 The stock has a PE of 12.44x whereas the sectoral PE is 34x with an ROE of 18 per cent.