List of stocks with low PE, high ROE and a good dividend yield
A low P/E (price-to-earnings) ratio combined with a high ROE (return on equity) and a high dividend yield can be an attractive combination for investors
P/E stands for (Price to Earning) ratio. It compares the company’s current price to its earning per share. A low P/E indicates that the company’s stock is undervalued with its earnings. As a result, investors can buy the company’s stock for less money than it could make in the future. Due to the possibility of a bigger return, this may make investment more attractive.
ROE stands for (Return on Equity). A high ROE is a measure of a company’s profitability with shareholder equity. This shows that the company is making more money for every Rupee that its shareholders have invested in equity. Businesses with high ROE are frequently regarded as being effective at generating profits from their equity.
A high dividend yield indicates that the company is paying out a relatively large proportion of its earnings as dividends to shareholders, which can provide investors with a steady stream of income.
Here is the list of companies having low P/E, high ROE and dividend yield.