44 companies earn ROE of 14% or more at 2 times book value or less
Data as of 19 Oct 2026 close · BSE
How this screen works
Banks & NBFCs earning a return on equity (ROE: the latest quarter's profit, a year's worth, on average shareholders' equity) of 14% or more, at a price of 2 times book value (P/B) or less. Only lenders with quarterly sales (interest & fees) of at least ₹10 crore, results from the last two quarters & a balance sheet from the last year. A lender's book is only as good as its loans: check the bad loans & how fast the book is growing before reading much into a low P/B.
| Company | Mkt cap (₹ cr) | P/B | NII YoY | Profit YoY | Gross NPA | Net NPA | Credit cost | ROA | ROE | CET1 |
|---|---|---|---|---|---|---|---|---|---|---|
| State Bank Of IndiaBanks · Apr–Jun 2026ROE 16.0%, P/B 1.46 | 8,97,646 | 1.46 | +13.8% | +13.7% | 1.47% | 0.38% | 0.49% | 1.21% | 16.0% | 12.9% |
| Punjab National BankBanks · Jul–Sep 2026ROE 15.2%, P/B 0.87 | 1,39,812 | 0.87 | +10.8% | +15.1% | 2.55% | 0.25% | 0.02% | 1.13% | 15.2% | 14.4% |
| Union Bank of IndiaBanks · Apr–Jun 2026ROE 17.4%, P/B 1.03 | 1,37,787 | 1.03 | +10.6% | +27.4% | 2.65% | 0.47% | 0.39% | 1.47% | 17.4% | 17.1% |
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Banks & lenders: NII is interest earned less interest expended, & cost to income is running costs per ₹1 of NII & other income. ROA & ROE are the latest quarter's profit, a year's worth, on the average of the last two balance sheets (filed every six months; the latest alone when the one before is missing). Provisions for a year on the average loan book. A bank's provisions also cover investments & standard loans, so this reads a little wide. NII ÷ average assets, a year's worth: an estimate of the net interest margin (banks quote NIM on interest-earning assets only, so theirs is usually a little higher). Gross NPA is loans 90 days or more overdue, as a share of all loans; net NPA is what is left after provisions set aside for them. Where a bank's consolidated results leave out gross & net NPA or CET1, or give one far out of line with its standalone results, the standalone figure for the same quarter is shown (banks report these on their own loan book). For NBFCs, housing finance & microfinance lenders & financial institutions, income after interest costs is sales & other income less finance costs. Where their results split out interest income & credit losses (loans written down), NII is interest income less finance costs, credit cost is credit losses for a year on average loans & cost to income is running costs per ₹1 of income after interest costs; where they do not, those are blank & their costs include credit losses. Lenders that report every six months are left blank here. CASA (the share of low-cost current & savings deposits) & the NIM a bank quotes are not in exchange filings; they are in its presentation & call.
Figures use consolidated results where a company files them, otherwise standalone. Growth compares a quarter with the same quarter a year earlier. Companies on BSE's SME platform that file results every six months are shown on half-years, marked "half-year": growth compares a half-year with the same half a year earlier, & their 12 months are the latest full year or the last two half-years. EPS from before a split or bonus is restated on today's share count; P/E is left blank when the share count changed after the latest quarter. Operating margin, ROCE & debt ratios are left blank for banks, lenders & insurers, where they do not describe the business; price to sales is blank for them too, and their cards show P/B instead. Banks, NBFCs & other lenders are valued on their books, so their P/E & PEG are left out too (in the table, in filters & sorts, & in the CSV) & P/B (price ÷ book value per share) is their measure; insurers keep P/E. PEG uses 12-month EPS growth capped at 100% and is blank when 12-month EPS a year earlier was below ₹1. When one-off (exceptional) items come to more than a quarter of 12-month pre-tax profit, P/E, PEG & 12-month EPS growth leave them out (profit before tax & those items, taxed at 25%) & are marked "without one-offs"; a company whose consolidated quarters are incomplete shows P/E on its standalone results, marked "standalone". A revenue jump of 50 times or more on both the year-ago & the previous quarter is marked "check the filing" & left out of business screens & sorts. ROCE here is 12-month profit before interest & tax ÷ (equity + borrowings) on the latest balance sheet. Price screens use about a year of raw BSE daily prices: a company needs 200 trading days and a median BSE turnover of at least ₹25 lakh a day to be measured, and about 240 trading days for the 1-year change, relative strength rating & trend checklist. Most splits and bonuses are detected and left out; a small bonus (e.g. 1 for 4) can slip through until adjusted prices are loaded. Relative strength ranks a company against the BSE companies we measure, and volume & turnover are BSE trading only. Built 2026-10-19 15:07 UTC; refreshed every six hours.