The PEG ratio (Price/Earnings-to-Growth ratio) is a stock valuation tool that helps to determine whether a stock is fairly priced by considering both its current price-to-earnings (P/E) ratio and its expected earnings growth. The formula for the PEG ratio is = P/E Ratio / Expected Earning Growth Rate. A lower PEG may indicate that a stock is undervalued.
Here is the List of stocks with a PEG Ratio of less than 1:
ACTION CONSTRUCTION EQUIPMENT
Action Construction Equipments Limited was incorporated on January 13, 1995, as a Public Limited Company. The Company is engaged in the business of manufacturing and marketing of Hydraulic Mobile Cranes, Mobile Tower Cranes, Crawler cranes, Truck mounted Cranes, Material Handling equipment like Forklifts, Road construction equipment like Backhoe loaders, Compactors, Motor graders and Agriculture equipment like Tractors, Harvesters, Rotavators etc. in Haryana.
The PEG ratio of the stock stands at 0.91, and the current market price is Rs. 1,231, which is significantly lower than its 52-week high of Rs. 1,649. This reflects a decline of 25.34 percent from its 52-week high.
HINDUSTAN AERONAUTICS
Hindustan Aeronautics Limited (HAL), a Public Sector Enterprise, is engaged in the design, development, manufacture, repair, overhaul, upgrade, and servicing of a wide range of products, including aircraft, helicopters, aero-engines, avionics, accessories, and aerospace structures.
The PEG ratio of the stock stands at 0.75, and the current market price is Rs. 4,104, which is significantly lower than its 52-week high of Rs 5,675. This reflects a decline of 27.68 percent from its peak.
NETWORK PEOPLE SERVICES TECHNOLOGIES
Network People Services Technologies Limited (NPST), founded in 2013 and headquartered in Thane West, India, is a prominent fintech company specializing in digital payment solutions. Operating as both a Technology Service Provider (TSP) and a Payment Platform as a Service Provider (PPaaS)
The PEG ratio of the stock stands at 0.03, and the current market price is Rs. 2,246, which is significantly lower than its 52-week high of Rs 3,577. This reflects a decline of 37.24 percent from its peak.
ANGEL ONE
Angel One Limited, formerly known as Angel Broking Limited, is a prominent Indian fintech company established in 1996. Headquartered in Mumbai, Maharashtra, the company offers a comprehensive suite of financial services, including broking and advisory services, margin trading facilities, loans against shares, and distribution of financial products.
The PEG ratio of the stock stands at 0.83, and the current market price is Rs. 2,258, which is significantly lower than its 52-week high of Rs 3,503. This reflects a decline of 35.54 percent from its peak.
KNR CONSTRUCTION
KNR Constructions Limited (KNRCL), established in 1995 and headquartered in Hyderabad, India, is a prominent infrastructure development company specializing in engineering, procurement, and construction (EPC) services
The PEG ratio of the stock stands at 0.04, and the current market price is Rs. 228, which is significantly lower than its 52-week high of Rs. 415. This reflects a decline of 45.06 percent from its peak.
Written By Abhishek Das
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