High price-to-earnings (PE) ratio stocks often signal companies with strong growth prospects. These stocks are typically valued higher by the market due to their potential for significant earnings expansion. In 2024, growth investors are keenly watching a select group of high-PE stocks that could deliver substantial returns. In this guide, we delve into what high-PE stocks are, why they attract investors, and highlight some of the most promising high-PE stocks to keep an eye on this year.

SYMBOL CMP P/E MCap D/E RoE Profit CAGR
UPL 632.20 None 49810.05 105.06 -3.24% NM
PVRINOX 1006.55 None 9704.44 116.67 -0.64% -60.23%
TATACHEM 854.50 None 21832.68 28.03 3.89% 60.18%
GLENMARK 1373.80 None 38946.33 21.09 -16.02% NM
GODREJCP 1039.25 None 103891.78 31.46 20.16% 11.95%
ABFRL 255.55 None 28441.77 243.78 -19.00% 2.20%
IDEA 8.27 None 57614.15 None 30.40% NM
NAUKRI 7338.90 174.57 97794.78 0.59 1.75% NM
LAURUSLABS 555.50 146.77 29443.16 67.30 3.63% -46.66%
MFSL 1065.65 146.49 36652.94 13.71 8.72% NM
UBL 2028.15 126.27 53494.36 2.99 9.81% 44.44%
BHEL 193.47 125.21 64964.79 37.72 0.24% NM
JUBLFOOD 681.65 119.70 45569.28 187.41 12.59% 5.24%
DIXON 14199.50 98.64 84139.93 30.83 21.42% 31.05%
TRENT 5096.45 91.65 177684.51 39.03 20.74% NM
TITAN 3233.20 88.17 285792.59 222.35 35.05% 29.46%
TATACONSUM 1023.25 87.25 101615.67 14.40 8.55% NM
ICICIPRULI 575.20 85.17 82839.44 22.34 7.73% -3.82%
SHREECEM 28309.15 83.49 102329.19 8.04 10.21% NM
NAVINFLUOR 4108.10 76.48 20257.80 56.03 9.07% -3.40%
HDFCLIFE 623.25 76.41 133214.14 12.34 10.73% NM
DIVISLAB 5923.75 75.25 155025.93 0.06 11.78% NM
ADANIENT 2223.70 73.96 256464.65 168.94 9.42% NM
JSWSTEEL 973.55 72.88 238907.45 116.52 10.87% 1.87%
NESTLEIND 2216.50 72.13 214274.24 9.47 97.90% 5.02%
PIDILITIND 2781.70 72.06 140720.01 4.25 20.60% NM
SRF 2747.80 70.76 81253.06 43.73 11.50% NM
ASTRAL 1384.50 69.82 36612.27 5.74 16.71% 9.92%
APOLLOHOSP 6300.20 69.81 91689.54 93.13 12.61% NM
PERSISTENT 5531.30 68.06 89365.77 7.76 20.58% 32.88%
HAVELLS 1532.55 67.51 94737.02 4.25 17.14% NM
PAGEIND 40921.40 67.07 45338.35 13.87 35.60% NM
COFORGE 7683.95 64.59 51445.46 13.32 22.28% NM
SIEMENS 4859.30 64.31 172492.53 1.82 16.13% NM
SBILIFE 1476.20 61.32 148097.10 None 12.70% NM
TATASTEEL 134.29 60.60 167795.58 109.81 0.23% NM
DALBHARAT 1808.15 59.96 33764.50 27.96 4.59% -13.79%
ABB 5241.90 58.04 108964.15 0.73 21.47% 66.69%
INDHOTEL 721.65 56.85 102764.53 26.26 13.01% NM
VOLTAS 1241.60 56.80 40594.62 13.80 2.75% NM
TVSMOTOR 2365.70 56.52 111785.90 312.05 24.22% NM
BHARATFORG 1082.65 56.21 51487.79 107.65 12.75% NM
SYNGENE 700.90 56.12 28131.15 14.49 11.97% 10.36%
METROPOLIS 1680.35 55.71 8448.05 15.96 11.59% NM
TORNTPHARM 3078.00 55.21 102948.20 41.66 23.20% 8.67%
BRITANNIA 4963.70 54.74 117833.90 85.08 53.87% NM
MCX 5550.50 54.13 27682.98 0.06 5.18% NM
RAMCOCEM 860.75 53.10 20089.55 72.12 4.93% -23.10%
LALPATHLAB 2629.50 52.59 21897.27 9.75 18.94% 6.30%
ULTRACEMCO 11490.10 52.35 325875.03 27.02 11.27% NM
HINDCOPPER 215.33 51.30 20642.99 3.80 13.42% NM
IPCALAB 1476.75 51.15 37371.87 14.81 9.17% NM
DABUR 520.55 51.00 91327.34 16.24 18.36% 2.50%
ASIANPAINT 2250.85 50.72 214522.75 13.47 28.23% NM
MARICO 624.75 50.62 81046.98 10.05 36.87% NM
BIOCON 347.55 50.40 40543.08 62.77 0.71% NM
BERGEPAINT 483.70 50.35 57353.01 14.22 21.53% NM
HINDUNILVR 2329.40 50.28 539465.88 3.24 19.70% NM
JKCEMENT 4637.90 48.46 34905.53 104.50 14.86% 2.54%
BATAINDIA 1296.30 47.43 16512.63 97.86 18.92% NM
ABBOTINDIA 28569.50 46.66 62343.37 1.72 32.44% 20.00%
IRCTC 725.45 46.34 57536.00 1.20 35.76% NM
COLPAL 2462.40 45.64 66636.57 4.24 71.41% 8.92%
POLYCAB 5414.20 44.63 81807.95 2.39 21.10% NM
GRASIM 2463.85 42.36 165528.27 108.53 6.34% NM
PEL 926.05 41.75 20660.48 213.77 10.39% NM
DLF 674.75 41.51 166390.45 10.66 6.46% NM
AARTIIND 418.30 40.50 14863.26 71.34 7.95% -7.07%
CROMPTON 332.60 40.50 21324.19 13.72 14.21% -10.34%
BHARTIARTL 1675.55 40.49 998586.29 135.12 16.36% NM
TECHM 1664.95 40.32 150824.30 7.57 12.37% -9.77%
LTTS 4816.90 40.29 52177.85 11.42 24.22% NM
SBICARD 853.10 40.25 82388.15 330.17 19.93% NM
TATACOMM 1507.45 39.98 42444.68 697.48 65.92% -1.85%
BOSCHLTD 26911.25 39.31 79761.97 0.25 13.39% NM
EXIDEIND 361.80 38.64 30646.75 13.49 6.65% 5.09%
ATUL 5402.85 38.26 15883.56 3.85 6.06% NM
CUMMINSIND 2721.45 37.53 75335.89 0.40 25.42% NM
GODREJPROP 1974.05 37.07 59509.24 122.23 2.53% NM
LTIM 5472.60 36.86 168074.56 10.50 21.75% 31.87%
BEL 248.50 35.81 178797.23 0.34 25.56% 25.14%
IEX 167.21 35.79 14639.54 0.78 31.93% 19.78%
SUNPHARMA 1714.20 35.71 408269.99 3.71 15.60% 17.04%
BAJAJFINSV 1894.85 35.56 302011.04 211.99 13.52% 22.15%
DEEPAKNTR 1898.50 34.61 25904.44 16.72 15.19% -2.05%
ICICIGI 1725.05 34.51 86268.80 None 16.24% NM
HDFCAMC 3730.55 33.85 79902.53 None 21.39% NM
OFSS 8797.15 33.29 76037.23 0.32 28.86% 9.11%
BAJFINANCE 8426.60 32.83 523853.00 290.32 18.93% 48.39%
LUPIN 2026.95 32.15 91912.45 21.90 14.33% NM
LT 3221.85 31.83 442828.59 119.06 16.12% NM
CONCOR 703.35 31.54 41358.88 7.45 10.65% 31.08%
BAJAJ-AUTO 8537.15 31.41 235878.04 16.52 25.50% 16.63%
COROMANDEL 1707.55 30.62 50342.50 5.67 17.37% NM
MPHASIS 2591.35 29.80 48911.08 19.61 15.04% 4.67%
EICHERMOT 4745.20 29.17 129382.35 2.13 19.00% NM
BALKRISIND 2670.55 28.91 51191.31 33.21 14.90% 5.36%
TCS 3904.50 28.75 1401358.59 8.47 51.34% 11.80%
TATAPOWER 337.20 28.44 108513.75 144.12 10.93% NM
PIIND 3118.60 28.27 48023.11 1.83 18.76% NM
CHOLAFIN 1356.95 27.95 113550.69 738.95 17.48% NM
MARUTI 12762.90 27.67 402001.99 0.18 12.50% 71.64%
INDIGO 4303.00 27.59 167922.04 1558.41 376.74% NM
HCLTECH 1709.90 27.42 467657.08 8.55 22.82% NM
AMBUJACEM 488.30 27.24 120015.51 1.30 7.91% 9.48%
ESCORTS 2972.15 27.10 32955.05 1.01 10.12% NM
INFY 1842.30 26.95 767179.52 9.27 29.70% NM
INDIAMART 2102.40 26.52 12426.58 2.04 10.54% NM
WIPRO 305.35 26.41 326654.86 22.62 14.05% NM
MRF 109984.00 26.36 46237.10 17.76 11.82% 16.17%
GRANULES 522.25 26.28 12579.38 32.01 12.67% NM
ALKEM 4794.30 26.19 56460.38 12.41 18.23% NM
HAL 3475.70 25.73 223797.58 0.00 26.22% NM
M&M 2831.95 25.20 334577.22 145.66 16.32% NM
ITC 408.60 25.17 507069.07 0.40 26.55% 17.13%
RELIANCE 1224.90 23.99 1658260.24 37.46 8.62% NM
CIPLA 1474.65 23.99 119696.62 1.62 15.38% 20.36%
ADANIPORTS 1082.90 23.14 234407.59 85.45 16.62% NM
BSOFT 477.50 23.13 13118.14 4.47 24.09% NM
ASHOKLEY 223.61 23.06 65328.54 332.77 31.94% NM
OBEROIRLTY 1590.25 22.42 57832.72 14.06 12.69% 33.64%
IDFCFIRSTB 61.50 22.38 43575.90 None 9.10% NM
MOTHERSON 124.79 21.29 90317.95 73.16 11.69% NM
GUJGASLTD 391.45 21.25 27036.52 1.83 14.30% NM
BALRAMCHIN 443.10 21.18 8698.95 17.02 12.60% NM
ZYDUSLIFE 923.90 20.32 92000.05 0.79 18.92% NM
APOLLOTYRE 416.30 20.28 26175.65 33.55 12.71% 34.43%
IDFC 107.97 20.07 17404.58 None 7.81% NM
AUROPHARMA 1169.60 19.46 67567.60 27.29 11.21% -4.22%
HDFCBANK 1717.35 19.30 1318250.45 None 8.96% NM
SAIL 105.33 19.19 43118.60 71.66 6.32% -4.48%
AUBANK 522.05 18.61 37385.29 None 12.23% NM
DRREDDY 1198.95 18.60 99826.89 15.89 18.24% NM
HEROMOTOCO 3876.45 18.52 76814.23 3.07 19.64% NM
ZEEL 96.75 18.52 9445.74 2.93 3.60% NM
ICICIBANK 1251.15 18.13 877951.35 None 17.27% NM
MUTHOOTFIN 2243.90 18.06 90162.69 300.91 17.23% NM
KOTAKBANK 1945.30 17.55 390347.36 None 13.83% 22.08%
POWERGRID 263.20 16.02 248279.52 137.07 18.53% NM
IGL 190.25 15.84 27005.50 0.70 20.10% 18.71%
DELTACORP 89.35 15.71 2464.95 1.78 7.21% NM
GNFC 557.10 15.56 8011.96 0.94 6.14% NM
IOC 118.45 15.41 168042.27 88.03 22.79% NM
JINDALSTEL 837.65 15.21 85795.19 35.96 13.40% NM
NTPC 302.35 14.51 301910.09 139.96 12.43% 11.82%
ACC 1911.50 13.64 35311.47 2.73 13.17% 10.77%
M&MFIN 276.85 13.61 33686.16 498.69 9.67% NM
SHRIRAMFIN 550.35 13.39 104050.83 296.61 15.07% 43.43%
CHAMBLFERT 542.80 13.28 21515.01 1.22 15.60% NM
SUNTV 585.30 13.08 22837.23 1.13 16.46% 6.08%
VEDL 415.15 12.48 163349.76 168.97 7.27% NM
MGL 1277.40 12.29 12854.94 2.78 23.54% NM
PETRONET 284.90 11.86 43230.00 14.85 20.88% NM
HINDPETRO 318.10 11.29 68079.60 158.07 34.44% 15.40%
FEDERALBNK 181.54 11.06 44350.18 None 12.87% NM
INDUSINDBK 1048.25 11.00 79782.81 None 14.21% 45.27%
AXISBANK 992.95 10.98 307914.11 None 16.68% 51.22%
ABCAPITAL 153.97 10.87 40200.39 399.16 12.43% NM
CUB 160.85 10.78 11689.79 None 12.09% 19.67%
HINDALCO 610.85 9.79 135748.64 56.29 9.47% NM
CANFINHOME 608.85 9.57 7977.78 716.12 17.28% 18.07%
RBLBANK 155.80 9.32 9176.83 None 8.49% 33.39%
INDUSTOWER 339.30 9.01 88927.27 63.05 21.54% NM
GAIL 160.17 8.67 107877.34 23.37 13.02% 16.81%
NMDC 62.56 8.56 55450.01 14.65 22.50% NM
BANDHANBNK 132.82 8.46 20992.55 None 9.94% -1.54%
MANAPPURAM 193.29 8.17 16030.52 311.67 18.95% NM
SBIN 727.70 8.16 647748.91 None 16.17% 44.10%
TATAMOTORS 686.60 7.88 251204.42 95.36 38.78% NM
BPCL 252.30 7.86 109655.84 76.36 35.79% 30.98%
NATIONALUM 180.74 7.86 32991.32 0.58 11.65% 8.68%
ONGC 233.65 7.63 297649.91 50.46 16.86% 38.01%
RECLTD 389.10 6.50 101523.46 678.39 20.40% 19.07%
COALINDIA 360.10 6.48 222536.19 8.05 44.88% NM
PNB 93.18 6.08 105596.75 None 8.25% 52.44%
LICHSGFIN 538.50 5.67 29183.59 743.98 15.12% 20.19%
PFC 372.35 5.56 123918.76 635.30 19.54% 18.93%
BANKBARODA 206.96 5.22 106597.17 None 15.67% 139.97%
CANBK 85.09 4.67 76783.06 None 16.57% 74.56%
INDIACEM 276.30 1.79 8397.75 40.33 -4.58% NM