4 Largecap Five-Year Winners With Reasonable Price to Book Stocks to Watch for Future Multibagger Potential: L&T, Adani Ports, Shriram Finance and Union Bank
- November 4, 2026
- Posted by: Manan Bisht
- Category: Best Stocks
L&T Rs 3,948.20. Adani Ports Rs 1,866.90. Shriram Finance Rs 884.80. Union Bank Rs 183.20. Market caps from Rs 1.32 lakh crore to Rs 5.43 lakh crore. Data as of 3 Nov 2026.
Quick Answer
L&T, Adani Ports, Shriram Finance and Union Bank are the 4 picks in this five-year winners with reasonable price to book stocks watchlist, with market caps between Rs 1.32 lakh crore and Rs 5.43 lakh crore. L&T stands out for the largest market cap at Rs 5,42,887 crore, while Adani Ports offers 26.16% revenue growth in FY26. PE ratios run from 6.40 to 32.74, so compare each one with its industry PE before investing. All figures are as of 3 November 2026.
Five-year winners with reasonable price to book stocks to watch for multibagger potential start with a simple filter: size, a clean financial record and earnings that keep growing. L&T, Adani Ports, Shriram Finance and Union Bank meet that test, with market caps from Rs 1.32 lakh crore to Rs 5.43 lakh crore and L&T offering the largest market cap at Rs 5,42,887 crore. Each of these companies has a five-year share price return of at least 100 per cent and a price to book ratio below 5, a return on equity of at least 10 per cent and profit growth in FY26 and in the latest quarter, and net profit rose in FY26 and in the latest quarter.
This list covers companies with a five-year share price return of at least 100 per cent and a price to book ratio below 5, a return on equity of at least 10 per cent and profit growth in FY26 and in the latest quarter, rising profit in FY26 and the latest quarter, market capitalisation above Rs 1,00,000 crore, and complete, verifiable financials, ranked by market capitalisation. Each company has a market cap above Rs 1 lakh crore. Investors screening five-year winners with reasonable price to book stocks usually begin with size and balance sheet strength, and this list follows the same logic. All figures are as of 3 November 2026 and are drawn from NSE and BSE data and company filings.
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What Are Five-Year Winners With Reasonable Price to Book Stocks and Why Do They Attract Multibagger Interest?
Five-year winners with reasonable price to book stocks are shares of large companies that have at least doubled investor money over five years and still trade below five times book value. The four here cover engineering and construction, ports, vehicle finance and public sector banking.
A long record of gains shows that the market has rewarded the business for years, and a price to book ratio below 5 shows that the rise has not pushed the valuation to an extreme level. For five-year winners with reasonable price to book stocks, both FY26 and the latest quarter showed growth. Whichever way you read five-year winners with reasonable price to book stocks, the common thread is rising profit backed by complete financial data. Investors researching five-year winners with reasonable price to book stocks get a fuller picture by reading growth and valuation together. The table below lines up five-year winners with reasonable price to book stocks on size, growth and valuation, using complete FY26 and latest quarter numbers. Past performance does not guarantee future returns, so use five-year winners with reasonable price to book stocks as a starting point for your own research.
Five-Year Winners With Reasonable Price to Book Stocks at a Glance: Price, Market Cap, PE, ROE and Price to Book
Prices are closing prices as of 3 November 2026. Union Bank combines the lowest PE of the group, 6.40, with the highest return on equity, 15.57%.
| Stock | CMP (Rs) | Market Cap (Rs Cr) | PE | Industry PE | ROE | Price to Book | 52-Week Range (Rs) |
|---|---|---|---|---|---|---|---|
| Larsen & Toubro | 3,948.20 | 5,42,887 | 27.66 | 22.89 | 14.72% | 4.97 | 3,288.10 to 4,440.00 |
| Adani Ports and Special Economic Zone | 1,866.90 | 4,29,585 | 32.74 | 31.83 | 13.32% | 4.48 | 1,292.00 to 1,891.10 |
| Shriram Finance | 884.80 | 2,19,317 | 19.38 | 17.68 | 15.21% | 2.08 | 662.25 to 1,153.70 |
| Union Bank of India | 183.20 | 1,32,084 | 6.40 | 12.02 | 15.57% | 0.99 | 135.80 to 205.49 |
L&T: Five-Year Gain of 104.68%
Larsen & Toubro is the largest engineering and construction company in India, with additional businesses in IT services and infrastructure projects. It reported FY26 revenue of Rs 2,91,635.04 crore, up 12.23% year on year, and net profit of Rs 19,159.40 crore, up 8.32%. Net profit has compounded at 16.81% a year since FY22, while revenue has grown 16.41% a year. Operating margin was 14.13% in FY26.
In the June 2026 quarter, revenue rose 8.12% to Rs 70,318.47 crore and net profit grew 15.20% to Rs 4,982.85 crore. The share price has gained 104.68% over five years. The stock trades at a PE of 27.66 against an industry PE of 22.89, with a return on equity of 14.72%.
Adani Ports: 26.74% Profit CAGR Since FY22
Adani Ports and Special Economic Zone is India’s largest private port operator, with ports on both coasts and a growing logistics business. It reported FY26 revenue of Rs 40,854.36 crore, up 26.16% year on year, and net profit of Rs 12,782.03 crore, up 15.56%. Net profit has compounded at 26.74% a year since FY22, while revenue has grown 20.55% a year. Operating margin was 64.59% in FY26.
The stock trades at a PE of 32.74 against an industry PE of 31.83, with a return on equity of 13.32%. In the June 2026 quarter, revenue rose 23.90% to Rs 11,673.71 crore and net profit grew 10.24% to Rs 3,649.50 crore. The share price has gained 115.30% over five years and 17.95% over the past year. Foreign investors raised their holding from 13.61% in September 2025 to 15.95% in September 2026.
Shriram Finance: 38.64% Profit CAGR Since FY22
Shriram Finance is a major NBFC focused on commercial vehicle, small business and personal loans. It reported FY26 total income of Rs 48,192.65 crore, up 15.13% year on year, and net profit of Rs 10,004.20 crore, up 6.16%. Net profit has compounded at 38.64% a year since FY22, while total income has grown 25.75% a year.
In the June 2026 quarter, total income rose 16.26% to Rs 13,418.74 crore and net profit grew 59.95% to Rs 3,447.26 crore. The share price has gained 239.61% over five years and 40.91% over the past year. Domestic institutions raised their holding from 18.66% in September 2025 to 19.90% in June 2026. The stock trades at a PE of 19.38 against an industry PE of 17.68, with a return on equity of 15.21%.
Union Bank: 37.80% Profit CAGR Since FY22
Union Bank of India is a large government-owned bank that serves retail, MSME and corporate customers across India. It reported FY26 total income of Rs 1,28,399.52 crore, up 0.19% year on year, and net profit of Rs 18,780.63 crore, up 4.80%. Net profit has compounded at 37.80% a year since FY22, while total income has grown 11.95% a year.
The stock trades at a PE of 6.40 against an industry PE of 12.02, below the sector average, with a return on equity of 15.57%. The dividend yield is 2.89%. In the June 2026 quarter, total income rose 2.17% to Rs 32,660.24 crore and net profit grew 29.77% to Rs 5,368.17 crore. The share price has gained 249.43% over five years and 23.10% over the past year. Foreign investors raised their holding from 7.70% in June 2025 to 8.63% in June 2026.
Five-Year Winners With Reasonable Price to Book Stocks: Financial Comparison on Growth and Margins
The table compares scale and growth across these five-year winners with reasonable price to book stocks. Latest quarter means the most recent reported quarter for each company, and only metrics that are positive for every company are shown.
| Stock | Revenue (Rs Cr) | Net Profit (Rs Cr) | Revenue Growth (YoY) | 4-Year Revenue CAGR | 4-Year Net Profit CAGR |
|---|---|---|---|---|---|
| L&T | 2,91,635.04 | 19,159.40 | 12.23% | 16.41% | 16.81% |
| Adani Ports | 40,854.36 | 12,782.03 | 26.16% | 20.55% | 26.74% |
| Shriram Finance | 48,192.65 | 10,004.20 | 15.13% | 25.75% | 38.64% |
| Union Bank | 1,28,399.52 | 18,780.63 | 0.19% | 11.95% | 37.80% |
Institutional Holding in L&T, Adani Ports, Shriram Finance and Union Bank
Institutional holding shows who is backing these five-year winners with reasonable price to book stocks alongside the promoter. The table uses the latest reported quarter for each. Shriram Finance has the deepest institutional backing, with FII and DII together holding 74.67% as of June 2026. Domestic institutions increased their holding over the past year in Shriram Finance (from 18.66% to 19.90%).
| Stock | Promoter | FII | DII | Public | Quarter |
|---|---|---|---|---|---|
| L&T | Nil | 19.13% | 43.02% | 37.85% | June 2026 |
| Adani Ports | 66.03% | 15.95% | 13.25% | 4.77% | September 2026 |
| Shriram Finance | 20.30% | 54.77% | 19.90% | 5.04% | June 2026 |
| Union Bank | 74.76% | 8.63% | 11.98% | 4.63% | June 2026 |
Risks to Weigh in Five-Year Winners With Reasonable Price to Book Stocks
Being careful with five-year winners with reasonable price to book stocks means looking at what can slow the story as well as what can speed it up. Four points matter most:
- Past growth may not repeat.
- Share prices can move sharply in either direction.
- Valuation: L&T trades at a PE of 27.66 against an industry PE of 22.89, so earnings need to keep growing to support the price.
- Concentration: Holding all 4 names puts the allocation in one sector, so size each position to match your risk appetite.
How to Choose Between Five-Year Winners With Reasonable Price to Book Stocks
Picking from five-year winners with reasonable price to book stocks comes down to four checks, applied in order.
- Check balance sheet strength first, and prefer a debt-to-equity ratio below 1 for non-financial companies.
- Compare each PE with the industry PE (12.02 to 31.83) and ask whether the growth rate justifies any gap.
- Track net profit growth, the operating margin and the return on equity in every quarterly result.
- Stagger entries across quarters and review institutional holding every reporting season.
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Conclusion
Among five-year winners with reasonable price to book stocks, L&T stands out for the largest market cap at Rs 5,42,887 crore, Adani Ports for 26.16% revenue growth in FY26, Shriram Finance for the fastest profit growth, 38.64% a year since FY22 and Union Bank for the highest return on equity at 15.57%. Which one suits a portfolio depends on how much valuation risk it can carry, so staggering entries and reviewing each quarterly result is a sound habit. Investors comparing five-year winners with reasonable price to book stocks should rank them on growth, financial strength and the price paid, and anyone who wants personalised guidance can consult a SEBI-registered advisor before acting.
Disclaimer: Data and figures in this article are sourced from publicly available information. These may or may not be accurate. Please verify all data with the official NSE (nseindia.com) and BSE (bseindia.com) websites before making any investment decision. Investments in securities are subject to market risk. This content is for educational purposes only and is not investment advice by Univest (SEBI RA INH000013776).
Frequently Asked Questions on Five-Year Winners With Reasonable Price to Book Stocks to Watch
Which are the best five-year winners with reasonable price to book stocks to watch for multibagger potential?
Ans. L&T, Adani Ports, Shriram Finance and Union Bank are the 4 names this list highlights, with market caps of Rs 5,42,887 crore, Rs 4,29,585 crore, Rs 2,19,317 crore and Rs 1,32,084 crore respectively. L&T is notable for the largest market cap at Rs 5,42,887 crore. Adani Ports stands out for 26.16% revenue growth in FY26. Shriram Finance offers the fastest profit growth, 38.64% a year since FY22. Union Bank brings the highest return on equity at 15.57%. These are watchlist names for five-year winners with reasonable price to book stocks, not recommendations, so match each one to your own risk profile and time horizon.
Is Union Bank a good stock for long-term investors?
Ans. Union Bank has a return on equity of 15.57%, a PE of 6.40 against an industry PE of 12.02 and a market cap of Rs 1,32,084 crore. Net profit has compounded at 37.80% a year since FY22, and FY26 revenue rose 0.19% while June 2026 quarter net profit grew 29.77%. Long-term returns in five-year winners with reasonable price to book stocks depend on earnings growth and the price paid at entry, so staggering purchases and consulting a SEBI-registered advisor is sensible.
Can Shriram Finance become a multibagger from here?
Ans. Shriram Finance has already gained 239.61% in five years, so another multi-fold move would need sustained earnings growth. A multibagger outcome in five-year winners with reasonable price to book stocks requires earnings to keep growing faster than the market for several years. Net profit has compounded at 38.64% a year since FY22, and FY26 revenue rose 15.13%. At a PE of 19.38 against an industry PE of 17.68, valuation should be checked against that growth before investing.
What is the market cap of L&T, Adani Ports, Shriram Finance and Union Bank?
Ans. As of 3 November 2026, L&T has a market cap of Rs 5,42,887 crore, Adani Ports has a market cap of Rs 4,29,585 crore, Shriram Finance has a market cap of Rs 2,19,317 crore and Union Bank has a market cap of Rs 1,32,084 crore. All of them qualify as largecaps. Market cap changes daily with the share price, so check the latest figure on the Univest Screener or on NSE before taking a decision on five-year winners with reasonable price to book stocks.
What are the risks of investing in five-year winners with reasonable price to book stocks?
Ans. The main risks are market swings, slower growth than expected and valuations that already reflect good news. Companies with strong balance sheets and steady earnings handle these better. L&T trades at a PE of 27.66 against an industry PE of 22.89, so earnings growth needs to hold up.
Why is L&T trading at a PE of 27.66?
Ans. L&T’s PE of 27.66 compares with an industry PE of 22.89. The market is paying a premium for profit growth of 16.81% a year since FY22 and latest-quarter profit growth of 15.20%, which also means the stock is more sensitive if growth slows. Investors in five-year winners with reasonable price to book stocks who are comfortable with higher valuation risk may prefer to stagger purchases instead of investing in one go.
How much do institutions hold in L&T, Adani Ports, Shriram Finance and Union Bank?
Ans. As of the latest reported quarter, FII and DII together hold 62.15% of L&T (19.13% and 43.02%), 29.20% of Adani Ports (15.95% and 13.25%), 74.67% of Shriram Finance (54.77% and 19.90%) and 20.61% of Union Bank (8.63% and 11.98%). Rising institutional holding is a useful signal in five-year winners with reasonable price to book stocks, though it should be read with earnings trends rather than on its own.
