Cheapest stocks on B3 by P/E ratio

The P/E (Price/Earnings) ratio is the most widely used valuation multiple in the financial market. It indicates how many years of profit would be needed to recover the amount invested in the stock, assuming profit remains constant. A low P/E may indicate the stock is undervalued relative to its earnings, representing a potential investment opportunity. This ranking lists the B3 stocks with the lowest P/Es, helping investors find potentially cheap companies.

Showing

#	Ticker	Company	Sector	P/E	Price	Market Cap
1	LIGT3	Light	Utilities	0.54	R$ 3.47	R$ 1.29 B
2	ALLD3	Allied	Consumer Discretionary	1.36	R$ 5.14	R$ 493.24 M
3	VTRU3	Vitru Educação	Consumer Discretionary	1.87	R$ 13.65	R$ 2.05 B
4	RIAA3	Guararapes Confecções	Consumer Discretionary	2.27	R$ 6.92	R$ 3.47 B
5	JHSF3	JHSF Participações	Real Estate	3.32	R$ 10.36	R$ 7.08 B
6	BRSR6	Banco do Estado do Rio Grande do Sul - Banrisul	Financials	3.44	R$ 13.80	R$ 6.30 B
7	CYRE3	Cyrela	Consumer Discretionary	3.91	R$ 23.80	R$ 10.70 B
8	VVEO3	Viveo	Health Care	4.09	R$ 0.72	R$ 232.43 M
9	PETR4	Petrobras	Oil, Gas & Biofuels	4.13	R$ 42.70	R$ 584.66 B
10	AZUL3	Azul	Consumer Discretionary	4.33	R$ 19.05	R$ 7.02 B
11	EVEN3	Even	Consumer Discretionary	4.45	R$ 4.41	R$ 882.00 M
12	CEAB3	C&A Modas	Consumer Discretionary	4.46	R$ 8.14	R$ 2.51 B
13	MDNE3	Moura Dubeux	Consumer Discretionary	4.58	R$ 24.61	R$ 2.56 B
14	SBFG3	Grupo SBF	Consumer Discretionary	4.59	R$ 8.33	R$ 1.92 B
15	VULC3	Vulcabras	Consumer Discretionary	4.60	R$ 13.46	R$ 4.28 B
16	PINE4	Banco Pine	Financials	4.60	R$ 10.91	R$ 2.73 B
17	POMO4	Marcopolo	Industrials	4.68	R$ 4.50	R$ 5.45 B
18	PLPL3	Plano & Plano	Consumer Discretionary	4.84	R$ 7.24	R$ 1.48 B
19	MLAS3	Multilaser	Information Technology	4.95	R$ 1.83	R$ 1.50 B
20	EUCA4	Eucatex	Basic Materials	4.97	R$ 21.54	R$ 1.98 B
21	MELK3	Melnick	Consumer Discretionary	4.98	R$ 2.85	R$ 589.86 M
22	MTRE3	Mitre Realty	Consumer Discretionary	5.11	R$ 3.17	R$ 335.31 M
23	BMGB4	Banco BMG	Financials	5.24	R$ 5.11	R$ 3.31 B
24	GRND3	Grendene	Consumer Discretionary	5.43	R$ 3.49	R$ 3.15 B
25	LAVV3	Lavvi	Consumer Discretionary	5.47	R$ 10.11	R$ 1.98 B
26	LOGG3	Log Commercial Properties	Real Estate	5.64	R$ 24.02	R$ 2.11 B
27	CSED3	Cruzeiro do Sul Educacional	Consumer Discretionary	5.65	R$ 4.80	R$ 1.75 B
28	TRIS3	Trisul	Consumer Discretionary	5.81	R$ 4.71	R$ 1.10 B
29	ABCB4	Banco ABC Brasil	Financials	5.89	R$ 23.05	R$ 6.01 B
30	VLID3	Valid	Information Technology	5.97	R$ 17.22	R$ 1.35 B
31	EZTC3	EZTEC	Consumer Discretionary	6.15	R$ 11.77	R$ 3.26 B
32	ISAE4	ISA Energia	Utilities	6.23	R$ 26.65	R$ 18.85 B
33	RECV3	PetroReconcavo	Oil, Gas & Biofuels	6.27	R$ 10.66	R$ 3.13 B
34	SHUL4	Schulz	Industrials	6.29	R$ 4.57	R$ 5.20 B
35	LEVE3	Metal Leve	Industrials	6.32	R$ 32.48	R$ 4.40 B
36	WIZC3	Wiz Co	Financials	6.33	R$ 7.85	R$ 1.26 B
37	CMIG4	CEMIG	Utilities	6.47	R$ 10.40	R$ 34.96 B
38	COGN3	Cogna	Consumer Discretionary	6.56	R$ 2.23	R$ 4.60 B
39	DIRR3	Direcional Engenharia	Consumer Discretionary	6.67	R$ 10.97	R$ 5.71 B
40	MOVI3	Movida	Consumer Discretionary	6.70	R$ 7.21	R$ 2.90 B
41	GMAT3	Grupo Mateus	Consumer Staples	6.75	R$ 4.76	R$ 10.97 B
42	LREN3	Lojas Renner	Consumer Discretionary	6.84	R$ 10.63	R$ 10.22 B
43	TEND3	Construtora Tenda	Consumer Discretionary	7.07	R$ 33.39	R$ 4.09 B
44	SUZB3	Suzano	Basic Materials	7.18	R$ 46.40	R$ 58.66 B
45	ANIM3	Anima Educação	Consumer Discretionary	7.30	R$ 2.78	R$ 1.12 B
46	BBDC4	Banco Bradesco	Financials	7.36	R$ 16.93	R$ 168.53 B
47	PGMN3	Pague Menos	Health Care	7.56	R$ 3.43	R$ 2.48 B
48	SMTO3	São Martinho	Oil, Gas & Biofuels	7.73	R$ 18.87	R$ 6.27 B
49	SANB11	Banco Santander Brasil	Financials	7.73	R$ 29.47	R$ 109.99 B
50	ALUP11	Alupar	Utilities	7.73	R$ 32.53	R$ 10.75 B

How to interpret this ranking

This ranking orders B3 stocks by the P/E indicator in ascending order. The companies at the top are the ones trading at the lowest earnings multiples, which can indicate undervalued stocks. However, a low P/E can also reflect negative growth expectations.

Remember that no single indicator should be analyzed in isolation. Combine this information with other fundamentals available on the company analysis page.

Methodology and criteria

P/E is calculated by dividing the current share price by earnings per share (EPS) over the last 12 months. Only B3-listed companies with active shares, average trading volume above R$ 1 million, and a valid, positive P/E are considered. Companies with losses (negative P/E) are excluded from the ranking, since the indicator has no practical meaning in those cases. The ticker shown is the most traded for each company. Data is updated daily. A low P/E doesn't always mean the stock is a bargain — it may reflect negative market expectations about the company's future earnings.

Analyze each company individually

Click any ticker in the ranking to access its full page with fundamental indicators, price history, dividends, and more.

LIGT3 ALLD3 VTRU3 RIAA3 JHSF3 BRSR6 CYRE3 VVEO3 PETR4 AZUL3

Already decided what to buy?

After picking your stocks from this ranking, build your free portfolio on Visno Invest and track positions, average price, composition, and returns in one place.

Build your free portfolio

Other rankings

Stocks with the highest Dividend Yield on B3Ranking of B3-listed companies with the highest dividend returns over the last 12 months.Stocks with the highest ROE on B3Ranking of companies with the highest return on equity (ROE) on the Brazilian stock exchange.Stocks with the highest Net Margin on B3Ranking of B3 companies with the highest net margin, indicating the most profitable relative to revenue.Stocks with the highest revenue growth on B3Ranking of B3 companies with the highest compound annual revenue growth rate (CAGR) over the last 5 years.