Single Digit PE Stocks to Buy in November 2026: 5 Names on the Watchlist

The single digit PE stocks to buy in November 2026 start with five listed names: Great Eastern Shipping, Chennai Petroleum Corporation, Central Bank of India, Shipping Corporation of India and South Indian Bank. Single digit PE stocks are shares trading at a price to earnings ratio below 10, which means the price is under ten times the company's yearly earnings per share.

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 single digit PE stocks to buy to a portfolio. All prices are NSE closing prices of 4 November 2026, and financials come from company filings.

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Which Are the Best Single Digit PE Stocks to Buy in November 2026?

The best single digit PE stocks to buy in November 2026 for a watchlist are Great Eastern Shipping, Chennai Petroleum Corporation, Central Bank of India, Shipping Corporation of India and South Indian Bank. 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.

Company	CMP (Rs)	Market Cap	P/E	ROE	Dividend Yield
Great Eastern Shipping	1,572	Rs 23,070 crore	6.16	17.35%	2.17%
Chennai Petroleum Corporation	1,567	Rs 22,515 crore	3.95	41.95%	4.10%
Central Bank of India	29.90	Rs 26,448 crore	5.48	12.76%	6.16%
Shipping Corporation of India	268.07	Rs 11,822 crore	7.31	14.87%	2.96%
South Indian Bank	55.85	Rs 14,811 crore	9.35	13.13%	0.80%

On valuation, Great Eastern Shipping, Chennai Petroleum Corporation, Central Bank of India, Shipping Corporation of India and South Indian Bank trade below the industry P/E. Valuation is the first filter for any single digit PE stocks to buy list, and it is covered again in the risk section.

Why These Single Digit PE Stocks to Buy Are in Focus

In this list, P/E runs from about 3.95 to 9.35, and every company reported a profit in FY26 and in the latest quarter. The list covers two shipping companies, a refiner, a public sector bank and a private bank from Kerala. Investors comparing the best single digit PE stocks in India usually check why the multiple is low, since earnings in shipping and refining tend to move in cycles.

Great Eastern Shipping: The Tanker and Bulk Shipper Among Single Digit PE Stocks to Buy

Great Eastern Shipping is a shipping company operating tankers and dry bulk carriers. At Rs 1,572, 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.

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%).

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.

Chennai Petroleum Corporation: The Tamil Nadu Refiner Among Single Digit PE Stocks to Buy

Chennai Petroleum Corporation is a refiner in Tamil Nadu that is a subsidiary of Indian Oil. Its market capitalisation is Rs 22,515 crore, the share price is Rs 1,567 and the P/E of 3.95 compares with an industry P/E of 14.94.

Over FY26, net profit rose 1349.3% to Rs 3,103 crore on revenue of Rs 63,705 crore, which was up 7.3%. The latest quarter, the September 2026 quarter, brought revenue of Rs 22,074 crore, up 10.2% year on year, and net profit of Rs 2,247 crore, up 212.4%.

Return on equity is 41.95%, debt-to-equity is 0.16, and the dividend yield is 4.10%. Promoters hold 67.29%, foreign institutions 15.79% and domestic institutions 1.18% as of September 2026. Foreign institutional holding has risen from 8.80% to 15.79% over the last year.

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Central Bank of India: The Low-Priced Public Sector Bank Among Single Digit PE Stocks to Buy

Central Bank of India is a public sector bank with a large branch network in central and eastern India. The stock trades at Rs 29.90 with a market capitalisation of Rs 26,448 crore and a P/E of 5.48, against an industry P/E of 11.45.

FY26 revenue rose 7.9% to Rs 42,583 crore and net profit rose 14.9% to Rs 4,531 crore. In the September 2026 quarter, revenue grew 14.9% year on year to Rs 11,774 crore, while net profit grew 21.0% to Rs 1,475 crore.

Return on equity is 12.76%, and the dividend yield is 6.16%. Promoters hold 81.19%, foreign institutions 1.29% and domestic institutions 10.62% as of September 2026. Domestic institutional holding has risen from 4.83% to 10.62% over the last year.

Shipping Corporation of India: The Public Sector Shipper Among Single Digit PE Stocks to Buy

Shipping Corporation of India is a government-owned shipping company. At Rs 268.07, the stock has a market capitalisation of Rs 11,822 crore and trades at 7.31 times earnings, while the industry P/E is 8.59.

Reported numbers show FY26 revenue of Rs 6,227 crore, up 7.4% year on year, with net profit at Rs 1,353 crore, up 60.4%. The June 2026 quarter added revenue of Rs 1,957 crore (up 33.8%) and net profit of Rs 619 crore (up 74.9%).

Return on equity is 14.87%, debt-to-equity is 0.29, and the dividend yield is 2.96%. Promoters hold 63.75%, foreign institutions 9.58% and domestic institutions 1.44% as of September 2026. Foreign institutional holding has risen from 6.49% to 9.58% over the last year.

South Indian Bank: The Kerala-Based Private Bank Among Single Digit PE Stocks to Buy

South Indian Bank is a Kerala-based private bank with a growing retail franchise. Its market capitalisation is Rs 14,811 crore, the share price is Rs 55.85 and the P/E of 9.35 compares with an industry P/E of 11.45.

Over FY26, net profit rose 11.7% to Rs 1,456 crore on revenue of Rs 11,855 crore, which was up 5.6%. The latest quarter, the September 2026 quarter, brought revenue of Rs 3,264 crore, up 11.7% year on year, and net profit of Rs 426 crore, up 21.3%.

Return on equity is 13.13%, and the dividend yield is 0.80%. The company has no identified promoter, with foreign institutions holding 25.57% and domestic institutions 16.78% as of September 2026. Domestic institutional holding has risen from 11.92% to 16.78% over the last year.

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Growth Snapshot: Latest Full Year and Latest Quarter

The table compares year-on-year growth in revenue and net profit for all five single digit PE stocks, using filed results.

Company	Full-Year Revenue Growth	Full-Year Profit Growth	Latest Quarter	Quarter Revenue Growth	Quarter Profit Growth
Great Eastern Shipping	2.5%	25.5%	Jun 2026	71.0%	159.4%
Chennai Petroleum Corporation	7.3%	1349.3%	Sep 2026	10.2%	212.4%
Central Bank of India	7.9%	14.9%	Sep 2026	14.9%	21.0%
Shipping Corporation of India	7.4%	60.4%	Jun 2026	33.8%	74.9%
South Indian Bank	5.6%	11.7%	Sep 2026	11.7%	21.3%

Factors That Move Single Digit PE Stocks to Buy

Four factors tend to drive single digit PE stocks, and each one is worth checking before a purchase.

• Reason for the low P/E: Check whether earnings are cyclical.
• Earnings quality: Look at profit across several years.
• Balance sheet: Check debt, or loan quality for banks.
• Dividend: Payouts can add to returns.

Risks to Keep in Mind Before Buying Single Digit PE Stocks

The first risk is that a low P/E can reflect profit that is expected to move with a cycle, as freight rates and refining margins change. The second is that banks need a separate check on loan quality and capital. A low multiple is a starting point for research, not a conclusion.

On the numbers, South Indian Bank trades at the highest P/E on this list at 9.35, so its earnings need to keep growing to support the price. Single Digit 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.

How to Choose Single Digit PE Stocks to Buy

• Compare with peers: Check P/E against the industry.
• Study the cycle: Know what moves freight and refining margins.
• Read bank metrics: Banks need loan quality checks.
• Look at the trend: Quarterly profit should be steady.

How to Invest in Single Digit PE Stocks

1. Shortlist two or three companies from this list that match your risk appetite.
2. Open the Univest Screener and compare P/E, ROE and debt for each stock.
3. Check the latest quarterly results and shareholding pattern on NSE or BSE.
4. Decide an amount you can hold for three to five years and split it into two or three purchases.
5. Review the holding after every quarterly result instead of reacting to daily price moves.

Conclusion

Chennai Petroleum Corporation offers both the lowest P/E on this list at 3.95 and the highest return on equity at 41.95%, and Chennai Petroleum Corporation posted the fastest net profit growth in its latest full year at 1349.3%. Among the best single digit 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 single digit PE stocks to buy.

Frequently Asked Questions on Single Digit PE Stocks to Buy

Which are the best single digit PE stocks to buy in November 2026?

Ans. The five single digit PE stocks on the November 2026 watchlist are Great Eastern Shipping, Chennai Petroleum Corporation, Central Bank of India, Shipping Corporation of India and South Indian Bank. Chennai Petroleum Corporation has both the lowest P/E at 3.95 and the highest ROE at 41.95%, and Chennai Petroleum Corporation grew net profit 1349.3% in its latest full year. This is educational content, not investment advice, so please consult a SEBI-registered advisor.

Is Central Bank of India a good stock to buy from this Single Digit PE list?

Ans. Central Bank of India is the largest company on this list with a market capitalisation of Rs 26,448 crore and a P/E of 5.48 against an industry P/E of 11.45. Its FY26 revenue rose 7.9% and net profit rose 14.9%, with return on equity at 12.76%. Whether it suits you depends on your risk appetite and holding period, so please consult a SEBI-registered advisor before investing.

Are these single digit PE stocks expensive right now?

Ans. Valuations vary across the group. Great Eastern Shipping trades at a P/E of 6.16, Chennai Petroleum Corporation trades at a P/E of 3.95, Central Bank of India trades at a P/E of 5.48, Shipping Corporation of India trades at a P/E of 7.31, South Indian Bank trades at a P/E of 9.35, against industry multiples ranging from 8.59 to 14.94. Higher multiples reflect faster growth but also leave less room for earnings misses, so entry price deserves attention.

Which of these single digit PE stocks pay a dividend?

Ans. Dividend yields on this list are Great Eastern Shipping 2.17%, Chennai Petroleum Corporation 4.10%, Central Bank of India 6.16%, Shipping Corporation of India 2.96%, South Indian Bank 0.80%. 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.

Which stock on this list has the highest return on equity?

Ans. Chennai Petroleum Corporation has the highest ROE on this list at 41.95%, followed by Great Eastern Shipping at 17.35% and Shipping Corporation of India at 14.87%. A higher ROE shows a company earns more profit on shareholder capital, but it should be read alongside valuation and debt.

What are the risks of investing in single digit PE stocks?

Ans. The main risks are cyclical profit behind low multiples, freight and refining margin swings and credit conditions for banks. On this list, South Indian Bank trades at the highest P/E of 9.35, which leaves less room for earnings disappointments. Staggered buying and a long holding period can help manage these risks.

How can I invest in single digit PE stocks in India?

Ans. 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.