{"id":338332,"date":"2026-11-04T10:59:51","date_gmt":"2026-11-04T05:29:51","guid":{"rendered":"https:\/\/univest.in\/blogs-2\/?p=338332"},"modified":"2026-11-04T10:59:51","modified_gmt":"2026-11-04T05:29:51","slug":"below-industry-pe-stocks-to-buy","status":"publish","type":"post","link":"https:\/\/univest.in\/blogs-2\/below-industry-pe-stocks-to-buy\/","title":{"rendered":"Below Industry PE Stocks to Buy in November 2026: 5 Names on the Watchlist"},"content":{"rendered":"<p style=\"border-left:4px solid #1F4E79;background:#EBF3FB;padding:10px 16px;font-style:italic;\"><em>GE Shipping Rs 1,536. Bombay Burmah Rs 1,246. SAIL Rs 167.50. Muthoot Rs 2,528. Genus Power Rs 270.90. NSE closing prices, 3 Nov 2026.<\/em><\/p>\n<div style=\"background:#F0F9FF;border-left:4px solid #2E7D32;border-radius:6px;padding:14px 18px;margin:18px 0;\">\n<p style=\"margin:0;color:#1F4E79;font-size:14px;\"><strong>Quick Answer<\/strong><\/p>\n<p style=\"margin:8px 0 0;\">Five below industry PE stocks to buy on the November 2026 watchlist are Great Eastern Shipping, Bombay Burmah Trading Corporation, Steel Authority of India, Muthoot Finance and Genus Power Infrastructures. All five grew revenue in their latest full year, and all five also grew net profit. Bombay Burmah Trading Corporation has the lowest P\/E at 3.19, while Muthoot Finance leads on return on equity at 28.01%. Check each valuation against your own risk appetite before acting.<\/p>\n<\/p><\/div>\n<p>The below industry PE stocks to buy in November 2026 start with five listed names: Great Eastern Shipping, Bombay Burmah Trading Corporation, Steel Authority of India, Muthoot Finance and Genus Power Infrastructures. Below industry PE stocks are companies whose price to earnings ratio is lower than the average P\/E of their industry, so the market is paying less for each rupee of profit.<\/p>\n<p>This article ranks none of them as a sure thing. It lays out the numbers each company has reported, how the shares are priced today and what an investor should check before adding any of these below industry PE stocks to buy to a portfolio. All prices are NSE closing prices of 3 November 2026, and financials come from company filings.<\/p>\n<p style=\"margin-top:24px;\"><a href=\"https:\/\/univest.in\/user\/log-in?utm_source=blogs&#038;utm_medium=below-industry-pe-stocks-to-buy\"><strong>Click Here &#8211; Get Free Investment Predictions<\/strong><\/a><\/p>\n<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_65 counter-hierarchy ez-toc-counter ez-toc-grey ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title \" >Table of Contents<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"Toggle Table of Content\"><span class=\"ez-toc-js-icon-con\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/univest.in\/blogs-2\/below-industry-pe-stocks-to-buy\/#Which_Are_the_Best_Below_Industry_PE_Stocks_to_Buy_in_November_2026\" title=\"Which Are the Best Below Industry PE Stocks to Buy in November 2026?\">Which Are the Best Below Industry PE Stocks to Buy in November 2026?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/univest.in\/blogs-2\/below-industry-pe-stocks-to-buy\/#Why_These_Below_Industry_PE_Stocks_to_Buy_Are_in_Focus\" title=\"Why These Below Industry PE Stocks to Buy Are in Focus\">Why These Below Industry PE Stocks to Buy Are in Focus<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/univest.in\/blogs-2\/below-industry-pe-stocks-to-buy\/#Great_Eastern_Shipping_The_Tanker_and_Bulk_Shipper_Among_Below_Industry_PE_Stocks_to_Buy\" title=\"Great Eastern Shipping: The Tanker and Bulk Shipper Among Below Industry PE Stocks to Buy\">Great Eastern Shipping: The Tanker and Bulk Shipper Among Below Industry PE Stocks to Buy<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/univest.in\/blogs-2\/below-industry-pe-stocks-to-buy\/#Bombay_Burmah_Trading_Corporation_The_Holding_and_Plantation_Name_Among_Below_Industry_PE_Stocks_to_Buy\" title=\"Bombay Burmah Trading Corporation: The Holding and Plantation Name Among Below Industry PE Stocks to Buy\">Bombay Burmah Trading Corporation: The Holding and Plantation Name Among Below Industry PE Stocks to Buy<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/univest.in\/blogs-2\/below-industry-pe-stocks-to-buy\/#Steel_Authority_of_India_The_Public_Sector_Steelmaker_Among_Below_Industry_PE_Stocks_to_Buy\" title=\"Steel Authority of India: The Public Sector Steelmaker Among Below Industry PE Stocks to Buy\">Steel Authority of India: The Public Sector Steelmaker Among Below Industry PE Stocks to Buy<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"https:\/\/univest.in\/blogs-2\/below-industry-pe-stocks-to-buy\/#Muthoot_Finance_The_Gold_Loan_Leader_Among_Below_Industry_PE_Stocks_to_Buy\" title=\"Muthoot Finance: The Gold Loan Leader Among Below Industry PE Stocks to Buy\">Muthoot Finance: The Gold Loan Leader Among Below Industry PE Stocks to Buy<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-7\" href=\"https:\/\/univest.in\/blogs-2\/below-industry-pe-stocks-to-buy\/#Genus_Power_Infrastructures_The_Smart_Meter_Maker_Among_Below_Industry_PE_Stocks_to_Buy\" title=\"Genus Power Infrastructures: The Smart Meter Maker Among Below Industry PE Stocks to Buy\">Genus Power Infrastructures: The Smart Meter Maker Among Below Industry PE Stocks to Buy<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-8\" href=\"https:\/\/univest.in\/blogs-2\/below-industry-pe-stocks-to-buy\/#Growth_Snapshot_Latest_Full_Year_and_Latest_Quarter\" title=\"Growth Snapshot: Latest Full Year and Latest Quarter\">Growth Snapshot: Latest Full Year and Latest Quarter<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-9\" href=\"https:\/\/univest.in\/blogs-2\/below-industry-pe-stocks-to-buy\/#Factors_That_Move_Below_Industry_PE_Stocks_to_Buy\" title=\"Factors That Move Below Industry PE Stocks to Buy\">Factors That Move Below Industry PE Stocks to Buy<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-10\" href=\"https:\/\/univest.in\/blogs-2\/below-industry-pe-stocks-to-buy\/#Risks_to_Keep_in_Mind_Before_Buying_Below_Industry_PE_Stocks\" title=\"Risks to Keep in Mind Before Buying Below Industry PE Stocks\">Risks to Keep in Mind Before Buying Below Industry PE Stocks<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-11\" href=\"https:\/\/univest.in\/blogs-2\/below-industry-pe-stocks-to-buy\/#How_to_Choose_Below_Industry_PE_Stocks_to_Buy\" title=\"How to Choose Below Industry PE Stocks to Buy\">How to Choose Below Industry PE Stocks to Buy<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-12\" href=\"https:\/\/univest.in\/blogs-2\/below-industry-pe-stocks-to-buy\/#How_to_Invest_in_Below_Industry_PE_Stocks\" title=\"How to Invest in Below Industry PE Stocks\">How to Invest in Below Industry PE Stocks<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-13\" href=\"https:\/\/univest.in\/blogs-2\/below-industry-pe-stocks-to-buy\/#Conclusion\" title=\"Conclusion\">Conclusion<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-14\" href=\"https:\/\/univest.in\/blogs-2\/below-industry-pe-stocks-to-buy\/#Frequently_Asked_Questions_on_Below_Industry_PE_Stocks_to_Buy\" title=\"Frequently Asked Questions on Below Industry PE Stocks to Buy\">Frequently Asked Questions on Below Industry PE Stocks to Buy<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-15\" href=\"https:\/\/univest.in\/blogs-2\/below-industry-pe-stocks-to-buy\/#Which_are_the_best_below_industry_PE_stocks_to_buy_in_November_2026\" title=\"Which are the best below industry PE stocks to buy in November 2026?\">Which are the best below industry PE stocks to buy in November 2026?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-16\" href=\"https:\/\/univest.in\/blogs-2\/below-industry-pe-stocks-to-buy\/#Is_Muthoot_Finance_a_good_stock_to_buy_from_this_Below_Industry_PE_list\" title=\"Is Muthoot Finance a good stock to buy from this Below Industry PE list?\">Is Muthoot Finance a good stock to buy from this Below Industry PE list?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-17\" href=\"https:\/\/univest.in\/blogs-2\/below-industry-pe-stocks-to-buy\/#Are_these_below_industry_PE_stocks_expensive_right_now\" title=\"Are these below industry PE stocks expensive right now?\">Are these below industry PE stocks expensive right now?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-18\" href=\"https:\/\/univest.in\/blogs-2\/below-industry-pe-stocks-to-buy\/#Which_of_these_below_industry_PE_stocks_pay_a_dividend\" title=\"Which of these below industry PE stocks pay a dividend?\">Which of these below industry PE stocks pay a dividend?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-19\" href=\"https:\/\/univest.in\/blogs-2\/below-industry-pe-stocks-to-buy\/#Which_stock_on_this_list_has_the_highest_return_on_equity\" title=\"Which stock on this list has the highest return on equity?\">Which stock on this list has the highest return on equity?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-20\" href=\"https:\/\/univest.in\/blogs-2\/below-industry-pe-stocks-to-buy\/#What_are_the_risks_of_investing_in_below_industry_PE_stocks\" title=\"What are the risks of investing in below industry PE stocks?\">What are the risks of investing in below industry PE stocks?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-21\" href=\"https:\/\/univest.in\/blogs-2\/below-industry-pe-stocks-to-buy\/#How_can_I_invest_in_below_industry_PE_stocks_in_India\" title=\"How can I invest in below industry PE stocks in India?\">How can I invest in below industry PE stocks in India?<\/a><\/li><\/ul><\/li><\/ul><\/nav><\/div>\n<h2><span class=\"ez-toc-section\" id=\"Which_Are_the_Best_Below_Industry_PE_Stocks_to_Buy_in_November_2026\"><\/span><strong>Which Are the Best Below Industry PE Stocks to Buy in November 2026?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>The best below industry PE stocks to buy in November 2026 for a watchlist are Great Eastern Shipping, Bombay Burmah Trading Corporation, Steel Authority of India, Muthoot Finance and Genus Power Infrastructures. They were picked because each has complete reported financials, profit in the latest quarter and an NSE listing. The table puts their market data side by side.<\/p>\n<table style=\"border-collapse:collapse;width:100%;\" border=\"1\" cellpadding=\"6\">\n<thead>\n<tr>\n<th>Company<\/th>\n<th>CMP (Rs)<\/th>\n<th>Market Cap<\/th>\n<th>P\/E<\/th>\n<th>ROE<\/th>\n<th>Dividend Yield<\/th>\n<\/tr>\n<\/thead>\n<tbody>\n<tr>\n<td>Great Eastern Shipping<\/td>\n<td>1,536<\/td>\n<td>Rs 23,070 crore<\/td>\n<td>6.16<\/td>\n<td>17.35%<\/td>\n<td>2.17%<\/td>\n<\/tr>\n<tr>\n<td><a href=\"https:\/\/univest.in\/stocks\/bbtc\/bombay-burmah-trading-corporation-ltd-share-price-today\">Bombay Burmah Trading Corporation<\/a><\/td>\n<td>1,246<\/td>\n<td>Rs 8,236 crore<\/td>\n<td>3.19<\/td>\n<td>17.65%<\/td>\n<td>1.44%<\/td>\n<\/tr>\n<tr>\n<td><a href=\"https:\/\/univest.in\/stocks\/sail\/steel-authority-of-india-ltd-share-price-today\">Steel Authority of India<\/a><\/td>\n<td>167.50<\/td>\n<td>Rs 66,584 crore<\/td>\n<td>11.88<\/td>\n<td>8.96%<\/td>\n<td>1.46%<\/td>\n<\/tr>\n<tr>\n<td><a href=\"https:\/\/univest.in\/stocks\/muthootfin\/muthoot-finance-ltd-share-price-today\">Muthoot Finance<\/a><\/td>\n<td>2,528<\/td>\n<td>Rs 96,935 crore<\/td>\n<td>8.46<\/td>\n<td>28.01%<\/td>\n<td>1.24%<\/td>\n<\/tr>\n<tr>\n<td><a href=\"https:\/\/univest.in\/stocks\/genuspower\/genus-power-infrastructures-ltd-share-price-today\">Genus Power Infrastructures<\/a><\/td>\n<td>270.90<\/td>\n<td>Rs 8,470 crore<\/td>\n<td>13.00<\/td>\n<td>26.71%<\/td>\n<td>0.18%<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p>On valuation, Great Eastern Shipping, Bombay Burmah Trading Corporation, Steel Authority of India, Muthoot Finance and Genus Power Infrastructures trade below the industry P\/E. Valuation is the first filter for any below industry PE stocks to buy list, and it is covered again in the risk section.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Why_These_Below_Industry_PE_Stocks_to_Buy_Are_in_Focus\"><\/span><strong>Why These Below Industry PE Stocks to Buy Are in Focus<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>In this list, each company&#8217;s P\/E is below its industry P\/E, and latest-quarter profit grew year on year for all five. The list covers a shipping company, a tea and trading company with large investments, a steel producer, a gold loan lender and a smart meter maker. Investors comparing the best below industry PE stocks in India usually check why the gap exists and whether earnings are growing enough to narrow it.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Great_Eastern_Shipping_The_Tanker_and_Bulk_Shipper_Among_Below_Industry_PE_Stocks_to_Buy\"><\/span><strong>Great Eastern Shipping: The Tanker and Bulk Shipper Among Below Industry PE Stocks to Buy<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Great Eastern Shipping is a shipping company operating tankers and dry bulk carriers. At Rs 1,536, the stock has a market capitalisation of Rs 23,070 crore and trades at 6.16 times earnings, while the industry P\/E is 8.59.<\/p>\n<p>Reported numbers show FY26 revenue of Rs 6,312 crore, up 2.5% year on year, with net profit at Rs 2,943 crore, up 25.5%. The June 2026 quarter added revenue of Rs 2,286 crore (up 71.0%) and net profit of Rs 1,309 crore (up 159.4%).<\/p>\n<p>Return on equity is 17.35%, debt-to-equity is 0.06, and the dividend yield is 2.17%. Promoters hold 30.07%, foreign institutions 29.52% and domestic institutions 11.62% as of September 2026. Foreign institutional holding has risen from 24.88% to 29.52% over the last year.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Bombay_Burmah_Trading_Corporation_The_Holding_and_Plantation_Name_Among_Below_Industry_PE_Stocks_to_Buy\"><\/span><strong>Bombay Burmah Trading Corporation: The Holding and Plantation Name Among Below Industry PE Stocks to Buy<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Bombay Burmah Trading Corporation is a diversified company with plantation, healthcare and other businesses and holdings in other listed companies. Its market capitalisation is Rs 8,236 crore, the share price is Rs 1,246 and the P\/E of 3.19 compares with an industry P\/E of 36.13.<\/p>\n<p>Over FY26, net profit rose 13.6% to Rs 2,499 crore on revenue of Rs 19,853 crore, which was up 6.9%. The latest quarter, the June 2026 quarter, brought revenue of Rs 5,157 crore, up 7.8% year on year, and net profit of Rs 583 crore, up 17.1%.<\/p>\n<p>Return on equity is 17.65%, debt-to-equity is 0.23, and the dividend yield is 1.44%. Promoters hold 74.05%, foreign institutions 9.61% and domestic institutions 0.76% as of September 2026.<\/p>\n<p style=\"margin-top:24px;\"><a href=\"https:\/\/univest.in\/screeners\"><strong>Check Below Industry PE Stocks Live on the Univest Screener<\/strong><\/a><\/p>\n<h2><span class=\"ez-toc-section\" id=\"Steel_Authority_of_India_The_Public_Sector_Steelmaker_Among_Below_Industry_PE_Stocks_to_Buy\"><\/span><strong>Steel Authority of India: The Public Sector Steelmaker Among Below Industry PE Stocks to Buy<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Steel Authority of India is a government-owned integrated steel producer. The stock trades at Rs 167.50 with a market capitalisation of Rs 66,584 crore and a P\/E of 11.88, against an industry P\/E of 19.82.<\/p>\n<p>FY26 revenue rose 8.1% to Rs 1,11,705 crore and net profit rose 42.2% to Rs 3,373 crore. In the September 2026 quarter, revenue grew 19.8% year on year to Rs 32,230 crore, while net profit grew 318.1% to Rs 1,750 crore.<\/p>\n<p>Return on equity is 8.96%, debt-to-equity is 0.50, and the dividend yield is 1.46%. Promoters hold 65.00%, foreign institutions 7.31% and domestic institutions 16.49% as of September 2026. Foreign institutional holding has risen from 3.76% to 7.31% over the last year.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Muthoot_Finance_The_Gold_Loan_Leader_Among_Below_Industry_PE_Stocks_to_Buy\"><\/span><strong>Muthoot Finance: The Gold Loan Leader Among Below Industry PE Stocks to Buy<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Muthoot Finance is India&#8217;s largest gold loan non-banking finance company. At Rs 2,528, the stock has a market capitalisation of Rs 96,935 crore and trades at 8.46 times earnings, while the industry P\/E is 16.13.<\/p>\n<p>Reported numbers show FY26 revenue of Rs 31,263 crore, up 54.3% year on year, with net profit at Rs 10,607 crore, up 98.2%. The June 2026 quarter added revenue of Rs 8,695 crore (up 34.5%) and net profit of Rs 2,825 crore (up 43.1%).<\/p>\n<p>Return on equity is 28.01%, and the dividend yield is 1.24%. Promoters hold 73.35%, foreign institutions 9.72% and domestic institutions 11.40% as of September 2026.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Genus_Power_Infrastructures_The_Smart_Meter_Maker_Among_Below_Industry_PE_Stocks_to_Buy\"><\/span><strong>Genus Power Infrastructures: The Smart Meter Maker Among Below Industry PE Stocks to Buy<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Genus Power Infrastructures is a smart meter and metering solutions maker. Its market capitalisation is Rs 8,470 crore, the share price is Rs 270.90 and the P\/E of 13.00 compares with an industry P\/E of 42.51.<\/p>\n<p>Over FY26, net profit rose 91.7% to Rs 565 crore on revenue of Rs 4,821 crore, which was up 91.0%. The latest quarter, the June 2026 quarter, brought revenue of Rs 1,407 crore, up 46.0% year on year, and net profit of Rs 175 crore, up 35.6%.<\/p>\n<p>Return on equity is 26.71%, debt-to-equity is 1.04, and the dividend yield is 0.18%. Promoters hold 39.34%, foreign institutions 7.43% and domestic institutions 4.74% as of September 2026. Domestic institutional holding has risen from 3.35% to 4.74% over the last year. A point to keep in view: debt is higher than most names on this list.<\/p>\n<p style=\"margin-top:24px;\"><em>Download the <a href=\"https:\/\/apps.apple.com\/in\/app\/univest-stocks-investment\/id6443753518\" rel=\"nofollow noopener\" target=\"_blank\">Univest iOS App<\/a> or <a href=\"https:\/\/play.google.com\/store\/apps\/details?id=com.univest.capp&#038;hl=en_IN\" rel=\"nofollow noopener\" target=\"_blank\">Univest Android App<\/a> to track these below industry PE stocks live and get daily stock recommendations.<\/em><\/p>\n<h2><span class=\"ez-toc-section\" id=\"Growth_Snapshot_Latest_Full_Year_and_Latest_Quarter\"><\/span><strong>Growth Snapshot: Latest Full Year and Latest Quarter<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>The table compares year-on-year growth in revenue and net profit for all five below industry PE stocks, using filed results.<\/p>\n<table style=\"border-collapse:collapse;width:100%;\" border=\"1\" cellpadding=\"6\">\n<thead>\n<tr>\n<th>Company<\/th>\n<th>Full-Year Revenue Growth<\/th>\n<th>Full-Year Profit Growth<\/th>\n<th>Latest Quarter<\/th>\n<th>Quarter Revenue Growth<\/th>\n<th>Quarter Profit Growth<\/th>\n<\/tr>\n<\/thead>\n<tbody>\n<tr>\n<td>Great Eastern Shipping<\/td>\n<td>2.5%<\/td>\n<td>25.5%<\/td>\n<td>Jun 2026<\/td>\n<td>71.0%<\/td>\n<td>159.4%<\/td>\n<\/tr>\n<tr>\n<td>Bombay Burmah Trading Corporation<\/td>\n<td>6.9%<\/td>\n<td>13.6%<\/td>\n<td>Jun 2026<\/td>\n<td>7.8%<\/td>\n<td>17.1%<\/td>\n<\/tr>\n<tr>\n<td>Steel Authority of India<\/td>\n<td>8.1%<\/td>\n<td>42.2%<\/td>\n<td>Sep 2026<\/td>\n<td>19.8%<\/td>\n<td>318.1%<\/td>\n<\/tr>\n<tr>\n<td>Muthoot Finance<\/td>\n<td>54.3%<\/td>\n<td>98.2%<\/td>\n<td>Jun 2026<\/td>\n<td>34.5%<\/td>\n<td>43.1%<\/td>\n<\/tr>\n<tr>\n<td>Genus Power Infrastructures<\/td>\n<td>91.0%<\/td>\n<td>91.7%<\/td>\n<td>Jun 2026<\/td>\n<td>46.0%<\/td>\n<td>35.6%<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<h2><span class=\"ez-toc-section\" id=\"Factors_That_Move_Below_Industry_PE_Stocks_to_Buy\"><\/span><strong>Factors That Move Below Industry PE Stocks to Buy<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Four factors tend to drive below industry PE stocks, and each one is worth checking before a purchase.<\/p>\n<ul>\n<li><strong>Valuation gap:<\/strong> A lower P\/E can mean room for the price to catch up.<\/li>\n<li><strong>Earnings quality:<\/strong> Profit should come from the core business.<\/li>\n<li><strong>Growth:<\/strong> Rising profit helps a low P\/E hold.<\/li>\n<li><strong>Sector cycle:<\/strong> Shipping and steel earnings move with cycles.<\/li>\n<\/ul>\n<h2><span class=\"ez-toc-section\" id=\"Risks_to_Keep_in_Mind_Before_Buying_Below_Industry_PE_Stocks\"><\/span><strong>Risks to Keep in Mind Before Buying Below Industry PE Stocks<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>The first risk is that a low P\/E does not always mean a stock is undervalued, since the market may be pricing in slower growth or cyclical earnings. The second is that one company on the list earns part of its profit from investments, so its P\/E needs careful reading. Compare each company with its own history.<\/p>\n<p>On the numbers, Genus Power Infrastructures trades at the highest P\/E on this list at 13.00, so its earnings need to keep growing to support the price. Below Industry PE stocks to buy can still fall when markets turn weak, and a staggered entry has historically suited investors better than a lump-sum purchase.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"How_to_Choose_Below_Industry_PE_Stocks_to_Buy\"><\/span><strong>How to Choose Below Industry PE Stocks to Buy<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<ul>\n<li><strong>Check the reason:<\/strong> Know why the P\/E is lower.<\/li>\n<li><strong>Review earnings trend:<\/strong> Rising profit supports a re-rating.<\/li>\n<li><strong>Compare with peers:<\/strong> Use industry P\/E as the yardstick.<\/li>\n<li><strong>Study cyclicality:<\/strong> Cyclical profit can distort P\/E.<\/li>\n<\/ul>\n<h2><span class=\"ez-toc-section\" id=\"How_to_Invest_in_Below_Industry_PE_Stocks\"><\/span><strong>How to Invest in Below Industry PE Stocks<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<ol>\n<li>Shortlist two or three companies from this list that match your risk appetite.<\/li>\n<li>Open the Univest Screener and compare P\/E, ROE and debt for each stock.<\/li>\n<li>Check the latest quarterly results and shareholding pattern on NSE or BSE.<\/li>\n<li>Decide an amount you can hold for three to five years and split it into two or three purchases.<\/li>\n<li>Review the holding after every quarterly result instead of reacting to daily price moves.<\/li>\n<\/ol>\n<h2><span class=\"ez-toc-section\" id=\"Conclusion\"><\/span><strong>Conclusion<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Bombay Burmah Trading Corporation offers the lowest P\/E on this list at 3.19, Muthoot Finance has the highest return on equity at 28.01%, and Muthoot Finance posted the fastest net profit growth in its latest full year at 98.2%. Among the best below industry PE stocks in India, these five give investors a spread of size, valuation and growth, so the right pick depends on risk appetite and holding period. Spread the entry, keep position sizes sensible and consult a SEBI-registered advisor before investing in any of these below industry PE stocks to buy.<\/p>\n<div style=\"background:#CC0000;border-radius:8px;padding:16px 20px;margin:24px 0;\">\n<p style=\"color:#FFFFFF;font-size:13px;line-height:1.7;margin:0;\"><strong style=\"color:#FFFFFF;\">Disclaimer:<\/strong> 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).<\/p>\n<\/p><\/div>\n<h2><span class=\"ez-toc-section\" id=\"Frequently_Asked_Questions_on_Below_Industry_PE_Stocks_to_Buy\"><\/span><strong>Frequently Asked Questions on Below Industry PE Stocks to Buy<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<h3><span class=\"ez-toc-section\" id=\"Which_are_the_best_below_industry_PE_stocks_to_buy_in_November_2026\"><\/span><strong>Which are the best below industry PE stocks to buy in November 2026?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> The five below industry PE stocks on the November 2026 watchlist are Great Eastern Shipping, Bombay Burmah Trading Corporation, Steel Authority of India, Muthoot Finance and Genus Power Infrastructures. Bombay Burmah Trading Corporation has the lowest P\/E at 3.19, Muthoot Finance has the highest ROE at 28.01%, and Muthoot Finance grew net profit 98.2% in its latest full year. This is educational content, not investment advice, so please consult a SEBI-registered advisor.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Is_Muthoot_Finance_a_good_stock_to_buy_from_this_Below_Industry_PE_list\"><\/span><strong>Is Muthoot Finance a good stock to buy from this Below Industry PE list?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> Muthoot Finance is the largest company on this list with a market capitalisation of Rs 96,935 crore and a P\/E of 8.46 against an industry P\/E of 16.13. Its FY26 revenue rose 54.3% and net profit rose 98.2%, with return on equity at 28.01%. Whether it suits you depends on your risk appetite and holding period, so please consult a SEBI-registered advisor before investing.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Are_these_below_industry_PE_stocks_expensive_right_now\"><\/span><strong>Are these below industry PE stocks expensive right now?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> Valuations vary across the group. Great Eastern Shipping trades at a P\/E of 6.16, Bombay Burmah Trading Corporation trades at a P\/E of 3.19, Steel Authority of India trades at a P\/E of 11.88, Muthoot Finance trades at a P\/E of 8.46, Genus Power Infrastructures trades at a P\/E of 13.00, against industry multiples ranging from 8.59 to 42.51. Higher multiples reflect faster growth but also leave less room for earnings misses, so entry price deserves attention.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Which_of_these_below_industry_PE_stocks_pay_a_dividend\"><\/span><strong>Which of these below industry PE stocks pay a dividend?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> Dividend yields on this list are Great Eastern Shipping 2.17%, Bombay Burmah Trading Corporation 1.44%, Steel Authority of India 1.46%, Muthoot Finance 1.24%, Genus Power Infrastructures 0.18%. Yields differ widely across the group, so check payout history and earnings cover before relying on any of them for income, since payouts can change with company profits.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Which_stock_on_this_list_has_the_highest_return_on_equity\"><\/span><strong>Which stock on this list has the highest return on equity?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> Muthoot Finance has the highest ROE on this list at 28.01%, followed by Genus Power Infrastructures at 26.71% and Bombay Burmah Trading Corporation at 17.65%. A higher ROE shows a company earns more profit on shareholder capital, but it should be read alongside valuation and debt.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"What_are_the_risks_of_investing_in_below_industry_PE_stocks\"><\/span><strong>What are the risks of investing in below industry PE stocks?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> The main risks are cyclical earnings that distort P\/E, investment income inside profit and a gap that may not close. On this list, Genus Power Infrastructures trades at the highest P\/E of 13.00, which leaves less room for earnings disappointments. Staggered buying and a long holding period can help manage these risks.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"How_can_I_invest_in_below_industry_PE_stocks_in_India\"><\/span><strong>How can I invest in below industry PE stocks in India?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> You can buy these stocks directly on NSE or BSE through a demat account, and compare them first on the Univest Screener using P\/E, ROE and debt. Many investors split the amount across two or three purchases and review the holding after each quarterly result. Sector-themed mutual funds and ETFs are another route for investors who prefer diversification.<\/p>\n<div class=\"faq-schema\"><script type=\"application\/ld+json\">{\"@context\":\"https:\/\/schema.org\",\"@type\":\"FAQPage\",\"mainEntity\":[{\"@type\":\"Question\",\"name\":\"Which are the best below industry PE stocks to buy in November 2026?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"The five below industry PE stocks on the November 2026 watchlist are Great Eastern Shipping, Bombay Burmah Trading Corporation, Steel Authority of India, Muthoot Finance and Genus Power Infrastructures. Bombay Burmah Trading Corporation has the lowest P\/E at 3.19, Muthoot Finance has the highest ROE at 28.01%, and Muthoot Finance grew net profit 98.2% in its latest full year. This is educational content, not investment advice, so please consult a SEBI-registered advisor.\"}},{\"@type\":\"Question\",\"name\":\"Is Muthoot Finance a good stock to buy from this Below Industry PE list?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"Muthoot Finance is the largest company on this list with a market capitalisation of Rs 96,935 crore and a P\/E of 8.46 against an industry P\/E of 16.13. Its FY26 revenue rose 54.3% and net profit rose 98.2%, with return on equity at 28.01%. Whether it suits you depends on your risk appetite and holding period, so please consult a SEBI-registered advisor before investing.\"}},{\"@type\":\"Question\",\"name\":\"Are these below industry PE stocks expensive right now?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"Valuations vary across the group. Great Eastern Shipping trades at a P\/E of 6.16, Bombay Burmah Trading Corporation trades at a P\/E of 3.19, Steel Authority of India trades at a P\/E of 11.88, Muthoot Finance trades at a P\/E of 8.46, Genus Power Infrastructures trades at a P\/E of 13.00, against industry multiples ranging from 8.59 to 42.51. Higher multiples reflect faster growth but also leave less room for earnings misses, so entry price deserves attention.\"}},{\"@type\":\"Question\",\"name\":\"Which of these below industry PE stocks pay a dividend?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"Dividend yields on this list are Great Eastern Shipping 2.17%, Bombay Burmah Trading Corporation 1.44%, Steel Authority of India 1.46%, Muthoot Finance 1.24%, Genus Power Infrastructures 0.18%. Yields differ widely across the group, so check payout history and earnings cover before relying on any of them for income, since payouts can change with company profits.\"}},{\"@type\":\"Question\",\"name\":\"Which stock on this list has the highest return on equity?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"Muthoot Finance has the highest ROE on this list at 28.01%, followed by Genus Power Infrastructures at 26.71% and Bombay Burmah Trading Corporation at 17.65%. A higher ROE shows a company earns more profit on shareholder capital, but it should be read alongside valuation and debt.\"}},{\"@type\":\"Question\",\"name\":\"What are the risks of investing in below industry PE stocks?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"The main risks are cyclical earnings that distort P\/E, investment income inside profit and a gap that may not close. On this list, Genus Power Infrastructures trades at the highest P\/E of 13.00, which leaves less room for earnings disappointments. Staggered buying and a long holding period can help manage these risks.\"}},{\"@type\":\"Question\",\"name\":\"How can I invest in below industry PE stocks in India?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"You can buy these stocks directly on NSE or BSE through a demat account, and compare them first on the Univest Screener using P\/E, ROE and debt. Many investors split the amount across two or three purchases and review the holding after each quarterly result. Sector-themed mutual funds and ETFs are another route for investors who prefer diversification.\"}}]}<\/script><\/div>\n","protected":false},"excerpt":{"rendered":"<p>Five below industry PE stocks on the November 2026 watchlist with FY26 growth, valuation, ROE, shareholding and risks for GE Shipping, Bombay Burmah, SAIL, Muthoot and Genus Power.<\/p>\n","protected":false},"author":36,"featured_media":338330,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[845],"tags":[15631,19464,13134,7474,737],"class_list":["post-338332","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-best-stocks","tag-below-industry-pe-stocks","tag-genus-power","tag-low-pe-stocks","tag-muthoot-finance","tag-sail"],"metadata":{"rank_math_internal_links_processed":["1"],"_thumbnail_id":["338330"],"rank_math_title":["Below Industry PE Stocks to Buy in Nov 2026: Top 5 Picks"],"rank_math_description":["Below Industry PE stocks to buy in November 2026: GE Shipping, Bombay Burmah, SAIL, Muthoot and Genus Power, with FY26 growth, valuation, ROE and key risks for each."],"rank_math_focus_keyword":["below industry PE stocks to buy"],"rank_math_robots":["a:2:{i:0;s:7:\"noindex\";i:1;s:8:\"nofollow\";}"]},"jetpack_sharing_enabled":true,"jetpack_featured_media_url":"https:\/\/univest.in\/blogs-2\/wp-content\/uploads\/2026\/11\/below-industry-pe-stocks-to-buy-in-november-2026-5-names-on-the-watchlist.webp","_links":{"self":[{"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/posts\/338332","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/users\/36"}],"replies":[{"embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/comments?post=338332"}],"version-history":[{"count":1,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/posts\/338332\/revisions"}],"predecessor-version":[{"id":338333,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/posts\/338332\/revisions\/338333"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/media\/338330"}],"wp:attachment":[{"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/media?parent=338332"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/categories?post=338332"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/tags?post=338332"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}