{"id":321679,"date":"2026-10-22T09:33:42","date_gmt":"2026-10-22T04:03:42","guid":{"rendered":"https:\/\/univest.in\/blogs-2\/?p=321679"},"modified":"2026-10-22T09:33:42","modified_gmt":"2026-10-22T04:03:42","slug":"largecap-stocks-with-price-to-book-of-2-3-and-high-roe-to-watch-multibagger-potential","status":"publish","type":"post","link":"https:\/\/univest.in\/blogs-2\/largecap-stocks-with-price-to-book-of-2-3-and-high-roe-to-watch-multibagger-potential\/","title":{"rendered":"4 Largecap Stocks With Price-to-Book of 2-3 and High ROE to Watch for Future Multibagger Potential: ICICI Bank, LIC, Shriram Finance and Muthoot Finance"},"content":{"rendered":"

ICICI Bank Rs 1,385. LIC Rs 392.05. Shriram Finance Rs 904.95. Muthoot Finance Rs 2,489.80. Market caps from Rs 1.04 lakh crore to Rs 9.62 lakh crore. Data as of 21 Oct 2026.<\/em><\/p>\n

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Quick Answer<\/strong><\/p>\n

ICICI Bank, LIC, Shriram Finance and Muthoot Finance are the 4 picks in this stocks with price-to-book of 2-3 and high ROE watchlist, with market caps between Rs 1.04 lakh crore and Rs 9.62 lakh crore. ICICI Bank stands out for the largest market cap at Rs 9,61,516 crore, while LIC offers the highest return on equity at 32.53%. PE ratios run from 8.30 to 19.73, so compare each one with its industry PE before investing. All figures are as of 21 October 2026.<\/p>\n<\/p><\/div>\n

Stocks with price-to-book of 2-3 and high ROE to watch for multibagger potential start with a simple filter: size, a clean financial record and earnings that keep growing. ICICI Bank, LIC, Shriram Finance and Muthoot Finance meet that test, with market caps from Rs 1.04 lakh crore to Rs 9.62 lakh crore and ICICI Bank offering the largest market cap at Rs 9,61,516 crore. Each of these companies has a price-to-book ratio between 2 and 3 and a return on equity of at least 15 per cent, and net profit rose in FY26 and in the latest quarter.<\/p>\n

This list covers companies with a price-to-book ratio between 2 and 3 and a return on equity of at least 15 per cent, 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 stocks with price-to-book of 2-3 and high ROE usually begin with size and balance sheet strength, and this list follows the same logic. All figures are as of 21 October 2026 and are drawn from NSE and BSE data and company filings.<\/p>\n

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