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.

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#	Ticker	Company	Sector	P/E	Price	Market Cap
1	LIGT3	Light	Utilities	0.45	R$ 3.13	R$ 1.17 B
2	ALLD3	Allied	Consumer Discretionary	1.29	R$ 4.60	R$ 440.87 M
3	VTRU3	Vitru Educação	Consumer Discretionary	1.58	R$ 13.10	R$ 1.76 B
4	AZUL3	Azul	Consumer Discretionary	1.83	R$ 22.51	R$ 8.21 B
5	RIAA3	Guararapes Confecções	Consumer Discretionary	2.91	R$ 8.73	R$ 4.38 B
6	BRSR6	Banco do Estado do Rio Grande do Sul - Banrisul	Financials	3.35	R$ 14.41	R$ 6.52 B
7	CYRE3	Cyrela	Consumer Discretionary	3.56	R$ 22.44	R$ 10.14 B
8	JHSF3	JHSF Participações	Real Estate	3.83	R$ 10.73	R$ 7.34 B
9	VULC3	Vulcabras	Consumer Discretionary	4.01	R$ 14.36	R$ 4.57 B
10	SUZB3	Suzano	Basic Materials	4.61	R$ 41.49	R$ 52.45 B
11	AZZA3	Arezzo	Consumer Discretionary	4.77	R$ 19.22	R$ 3.97 B
12	PETR4	Petrobras	Oil, Gas & Biofuels	4.87	R$ 40.66	R$ 561.64 B
13	PLPL3	Plano & Plano	Consumer Discretionary	4.92	R$ 8.10	R$ 1.65 B
14	BEEF3	Minerva	Consumer Staples	5.20	R$ 3.70	R$ 3.70 B
15	EVEN3	Even	Consumer Discretionary	5.21	R$ 5.63	R$ 1.13 B
16	GMAT3	Grupo Mateus	Consumer Staples	5.24	R$ 3.94	R$ 9.08 B
17	EUCA4	Eucatex	Basic Materials	5.25	R$ 23.21	R$ 2.16 B
18	MELK3	Melnick	Consumer Discretionary	5.32	R$ 3.18	R$ 658.16 M
19	BMGB4	Banco BMG	Financials	5.35	R$ 5.29	R$ 3.17 B
20	MDNE3	Moura Dubeux	Consumer Discretionary	5.39	R$ 26.17	R$ 2.73 B
21	MTRE3	Mitre Realty	Consumer Discretionary	5.40	R$ 3.11	R$ 328.96 M
22	CEAB3	C&A Modas	Consumer Discretionary	5.42	R$ 10.29	R$ 3.17 B
23	LAVV3	Lavvi	Consumer Discretionary	5.47	R$ 11.11	R$ 2.17 B
24	TRIS3	Trisul	Consumer Discretionary	5.48	R$ 4.31	R$ 1.05 B
25	GRND3	Grendene	Consumer Discretionary	5.52	R$ 3.88	R$ 3.50 B
26	CSED3	Cruzeiro do Sul Educacional	Consumer Discretionary	5.63	R$ 4.20	R$ 1.53 B
27	POMO4	Marcopolo	Industrials	5.65	R$ 5.64	R$ 6.86 B
28	RECV3	PetroReconcavo	Oil, Gas & Biofuels	5.65	R$ 10.30	R$ 3.02 B
29	LOGG3	Log Commercial Properties	Real Estate	5.70	R$ 26.11	R$ 2.29 B
30	CSUD3	CSU Digital	Financials	5.77	R$ 14.04	R$ 586.87 M
31	ABCB4	Banco ABC Brasil	Financials	5.78	R$ 23.79	R$ 5.82 B
32	VLID3	Valid	Information Technology	5.82	R$ 18.08	R$ 1.42 B
33	PINE4	Banco Pine	Financials	6.07	R$ 12.17	R$ 3.13 B
34	SHUL4	Schulz	Industrials	6.09	R$ 4.65	R$ 5.22 B
35	SMTO3	São Martinho	Oil, Gas & Biofuels	6.51	R$ 16.37	R$ 5.44 B
36	EZTC3	EZTEC	Consumer Discretionary	6.52	R$ 13.00	R$ 3.65 B
37	CMIG4	CEMIG	Utilities	6.55	R$ 11.07	R$ 36.48 B
38	LEVE3	Metal Leve	Industrials	6.58	R$ 32.23	R$ 4.37 B
39	WIZC3	Wiz Co	Financials	6.98	R$ 8.48	R$ 1.36 B
40	TEND3	Construtora Tenda	Consumer Discretionary	7.02	R$ 34.55	R$ 4.24 B
41	COGN3	Cogna	Consumer Discretionary	7.19	R$ 2.34	R$ 4.83 B
42	SBFG3	Grupo SBF	Consumer Discretionary	7.31	R$ 10.00	R$ 2.45 B
43	ECOR3	EcoRodovias	Transport & Logistics	7.32	R$ 7.66	R$ 5.33 B
44	ROMI3	ROMI	Industrials	7.37	R$ 6.13	R$ 571.14 M
45	INTB3	Intelbras	Information Technology	7.38	R$ 12.95	R$ 4.24 B
46	MLAS3	Multilaser	Information Technology	7.67	R$ 1.69	R$ 1.39 B
47	PFRM3	Profarma Distribuição	Health Care	7.77	R$ 6.62	R$ 820.04 M
48	SANB11	Banco Santander Brasil	Financials	7.96	R$ 27.37	R$ 102.19 B
49	DIRR3	Direcional Engenharia	Consumer Discretionary	7.97	R$ 12.83	R$ 6.68 B
50	KEPL3	Kepler Weber	Industrials	8.00	R$ 6.58	R$ 1.18 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 AZUL3 RIAA3 BRSR6 CYRE3 JHSF3 VULC3 SUZB3

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