# Cheap Growth: Sub-15x Forward P/E with 10%+ EPS Growth
**Query:** US large-cap stocks with forward P/E below 15 and EPS growth above 10%, sorted by forward P/E
**Data as of:** 2026-10-16

45 US large caps (≥$10B) trade below 15x forward earnings while posting >10% annual diluted EPS growth as of October 16, 2026; the cheapest cluster is energy refiners, miners, memory and mortgage REITs. ADRs and rows with implausible forward EPS swings are excluded; EPS growth shown is annual YoY, cross-checked with quarterly net income.

### Value screen: <15x forward P/E with >10% annual EPS growth

| Symbol | Company | Sector | Industry | Market Cap | Forward P/E | Trailing P/E | EPS Growth (YoY, annual) | Forward EPS vs Reported EPS | Quarterly Net Income YoY | Revenue Growth (YoY) | Dividend Yield | % From 52W High | 1M Return | 6M Return | 1Y Return | Momentum Potential | Comments |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| AGNC | AGNC Investment Corp. | Real Estate | REIT - Mortgage | 1.034e+10 | 5.81 | 4.34 | 93.51% | 2.12% | -142.77% | — | 13.76% | -28.35% | -10.88% | -14.34% | -0.30% | 65.9 | Agency mortgage REIT — the headline EPS 'growth' is book-value churn and hedging marks, not an operating trend. Price-to-book and spread economics matter far more than any earnings multiple here; leverage and prepayment speeds drive total return. |
| ALLY | Ally Financial Inc. | Financials | Credit Services | 1.146e+10 | 5.86 | 8.87 | 27.54% | 171.19% | 61.11% | -3.26% | 3.19% | -20.25% | -7.19% | -15.78% | -2.34% | 33.2 | Auto lender levered to used-vehicle credit and the consumer balance sheet. The value case hinges on credit-loss normalization and deposit cost relief; a weak subprime borrower base makes this a cyclical rather than a compounder. |
| NLY | Annaly Capital Management Inc. | Real Estate | REIT - Mortgage | 1.374e+10 | 5.86 | 4.4 | 102.78% | 6.50% | 252.78% | — | 11.79% | -25.29% | -11.17% | -14.20% | 0.30% | 19.1 | Largest agency MBS-focused mortgage REIT; earnings are an asset-yield-versus-funding-cost spread. Use book value and dividend coverage, not the EPS growth figure, to judge it. |
| CMCSA | Comcast Corporation | Communication Services | Telecom Services | 7.772e+10 | 6.05 | 7.02 | 23.51% | -32.80% | 4.47% | -0.02% | 4.52% | -32.57% | -2.92% | -23.92% | -17.16% | 16 | Cable broadband subscriber losses and the theme-park/studio cycle are the swing factors, and the market prices persistent share loss to fiber and fixed wireless. The interesting catalyst is the spin-out of the cable networks, which could unlock a re-rating of the connectivity business. |
| EG | Everest Group, Ltd. | Financials | Insurance - Reinsurance | 1.492e+10 | 6.51 | 8.22 | 15.88% | 58.07% | 28.29% | 1.24% | 1.03% | -2.41% | 2.36% | 11.97% | 13.62% | 37.6 | Reinsurer trading at a discount to book after several benign catastrophe years — the classic setup where the market anticipates softening rates. Reserve adequacy and catastrophe load are the variables that decide whether the discount closes. |
| DB | Deutsche Bank AG | Financials | Banks - Regional | 6.711e+10 | 6.81 | 8.55 | 16.17% | 68.97% | — | -0.22% | 3.58% | -21.63% | -16.59% | 0.20% | -3.36% | 78.9 | European bank whose value reflects structurally lower profitability and restructuring history versus US peers; a steeper curve and buybacks are the main re-rating levers. |
| AA | Alcoa Corporation | Materials | Aluminum | 1.094e+10 | 7.15 | 8.62 | 1828.33% | 32.70% | 372.22% | 7.87% | 0.96% | -50.53% | -11.75% | -36.61% | 14.58% | 30.3 | Aluminum producer with earnings tethered to LME prices and power costs. Tariff-driven regional premiums have supported margins, but spot alumina/aluminum spreads decide the durability of the cheap multiple. |
| GEN | Gen Digital Inc. | Information Technology | Software - Infrastructure | 1.446e+10 | 7.32 | 14.13 | 51.32% | 110.26% | 19.25% | 27.06% | 1.55% | -23.08% | -20.03% | 21.26% | -8.87% | 98.8 | Consumer security software with high renewal rates and heavy buybacks; growth is slow but cash conversion is exceptional, which is why the multiple is low for software. The question is subscription net adds against Microsoft's bundled security push. |
| FSLR | First Solar, Inc. | Information Technology | Solar | 1.855e+10 | 7.48 | 17.63 | 18.28% | 62.45% | 10.76% | 24.09% | 0.00% | -45.75% | -14.18% | -9.35% | -29.36% | 57.9 | The lone US-based large-scale thin-film module maker; profitability depends on thin-film cost advantages and the value of domestic manufacturing credits rather than module price alone. Policy — credits and tariffs on imports — is a bigger earnings driver than demand. |
| CDE | Coeur Mining, Inc. | Materials | Gold | 1.59e+10 | 7.51 | 13 | 894.69% | 116.87% | 406.29% | 96.41% | 0.13% | -43.02% | -22.57% | -24.01% | -30.49% | 83.8 | Silver/gold producer whose earnings surge is metal-price leverage rather than volume growth. Low reserve-life assets and share issuance history make quality a real consideration despite the cheap multiple. |
| UHS | Universal Health Services, Inc. | Health Care | Medical Care Facilities | 1.091e+10 | 7.68 | 7.56 | 29.93% | 4.33% | 13.36% | 9.71% | 0.32% | -24.20% | 2.41% | 1.73% | -9.31% | 17.5 | Hospital operator benefiting from strong acute-care utilization and payer mix; the discounted multiple reflects Medicaid supplemental-payment uncertainty and labor costs. Behavioral-health segment adds a growth kicker. |
| KGC | Kinross Gold Corporation | Materials | Gold | 3.185e+10 | 7.84 | 9.13 | 148.49% | 56.26% | — | — | 0.33% | -36.91% | -15.69% | -31.07% | -10.35% | 71.3 | Senior gold miner with improving grades and cost discipline; leverage to spot gold means the forward multiple embeds a price assumption the market is not willing to underwrite at face value. |
| PRU | Prudential Financial, Inc. | Financials | Insurance - Life | 3.999e+10 | 7.85 | 10.51 | 31.13% | 47.84% | 34.37% | -13.68% | 3.58% | -7.37% | -1.71% | 16.92% | 18.35% | 60.5 | Life insurer and asset manager; earnings are tied to equity markets, spreads and pension risk-transfer flows. The low multiple reflects variable-annuity hedging sensitivity more than a growth shortfall. |
| AER | AerCap Holdings N.V. | Industrials | Rental & Leasing Services | 2.29e+10 | 8 | 7.16 | 78.72% | -14.51% | 403.97% | 6.50% | 0.82% | -6.15% | 1.65% | -0.65% | 20.45% | 30.6 | Aircraft lessor with a record orderbook and strong lease rates — a real cash-flow compounder, but earnings are sensitive to residual values, lessee credit and financing spreads. Buybacks are a meaningful part of per-share growth. |
| HBAN | Huntington Bancshares Incorpora | Financials | Banks - Regional | 3.085e+10 | 8.14 | 11.75 | 13.72% | 35.04% | 0.96% | 6.40% | 3.04% | -20.76% | -3.84% | -7.65% | -2.18% | 36.4 | Regional bank with meaningful auto exposure; net interest margin expansion as deposit costs reset lower is the primary earnings lever, with credit quality the offsetting risk. |
| PNFP | Pinnacle Financial Partners, In | Financials | Banks - Regional | 1.431e+10 | 8.27 | 13.05 | 35.11% | 41.87% | — | — | 1.84% | -13.12% | -2.12% | -1.45% | 7.00% | 43.5 | Southeast-focused commercial bank with fee income from wealth and a long track record of organic share gains; regional-bank discount reflects regulatory capital and CRE sentiment. |
| DAL | Delta Air Lines, Inc. | Industrials | Airlines | 4.959e+10 | 8.53 | 12.5 | 44.78% | 15.36% | 568.33% | 2.79% | 1.03% | -19.53% | -4.84% | 5.93% | 23.84% | 70.9 | Cyclical airline where premium-cabin and loyalty revenue plus international capacity are the differentiators; fuel and corporate travel demand drive the earnings volatility that keeps the multiple low. |
| RNR | RenaissanceRe Holdings Ltd. | Financials | Insurance - Reinsurance | 1.459e+10 | 8.56 | 6.09 | 22.20% | -26.82% | -68.41% | 9.86% | 0.23% | 0.00% | 6.78% | 11.67% | 35.57% | 43.5 | Property-catastrophe reinsurer whose earnings swing with cat losses; a cheap multiple against book is the norm after a hard-market peak, and reserve/retro capacity are the differentiators. |
| EIX | Edison International | Utilities | Utilities - Regulated Electric | 2.152e+10 | 8.59 | 5.77 | 204.08% | -43.66% | -1.21% | 9.76% | 4.71% | -30.42% | 2.43% | -18.69% | 4.12% | 11.8 | California utility whose valuation is dominated by wildfire liability and the state's cost-of-capital framework, not earnings growth. Regulatory outcomes are the entire investment thesis. |
| MT | Arcelor Mittal NY Registry Shar | Materials | Steel | 4.822e+10 | 8.62 | 26.49 | 135.00% | 77.03% | -59.69% | 20.93% | 1.15% | -19.93% | -16.13% | 2.05% | 66.79% | 59.7 | Global steel producer whose earnings depend on spreads and European/Indian demand; trade protection helps, but the cheap multiple reflects structural overcapacity and cyclical peak earnings. |
| AEG | Aegon Ltd. New York Registry Sh | Financials | Insurance - Diversified | 1.231e+10 | 8.89 | 12.06 | 44.97% | 58.64% | — | 1.14% | 2.97% | -12.70% | -8.67% | 8.49% | 14.41% | 74.8 | Dutch insurer/asset manager; value reflects lower returns on capital versus US peers and restructuring execution. |
| AR | Antero Resources Corporation | Energy | Oil & Gas E&P | 1.188e+10 | 8.92 | 11.07 | 619.95% | 113.37% | -2276.31% | 21.97% | 0.00% | -14.40% | 8.60% | 5.37% | 20.26% | 35.3 | Appalachian natural-gas producer with leverage to NGL and Henry Hub pricing; the earnings swing is a function of the gas curve and the firm's hedging book rather than volume growth. Water/transport capacity constraints are the structural moat. |
| ADBE | Adobe Inc. | Information Technology | Software - Application | 9.543e+10 | 8.92 | 14.04 | 28.24% | 64.63% | -5.47% | 10.53% | 0.00% | -31.87% | -2.96% | 0.31% | -25.84% | 82.4 | Software franchise where the market is pricing AI disruption of creative seats rather than current cash flows — the cheapest large-cap software multiple in years. AI-first product monetization and net-new digital-media ARR are the catalysts that decide whether it re-rates. |
| ARW | Arrow Electronics, Inc. | Information Technology | Electronics & Computer Distribution | 1.092e+10 | 8.97 | 13.71 | 44.77% | 118.89% | 241.62% | 10.49% | 0.00% | -11.32% | -0.19% | 22.66% | 82.68% | 68.5 | Electronics distributor with thin margins and cyclical demand from industrial/IT end markets; earnings leverage on a modest revenue uptick is what produces the growth figure. |
| ALL | Allstate Corporation (The) | Financials | Insurance - Property & Casualty | 6.268e+10 | 8.99 | 4.96 | 123.22% | -27.56% | 111.17% | 5.58% | 1.27% | -9.90% | -1.72% | 15.28% | 25.55% | 70.7 | Auto and home insurer in the post-hard-market phase; the question is whether underwriting margins normalize gently or give back gains as competition returns and rate increases stop. |
| RGA | Reinsurance Group of America, I | Financials | Insurance - Reinsurance | 1.742e+10 | 9.02 | 11.75 | 64.23% | 67.24% | 109.49% | 7.20% | 1.05% | 0.00% | 8.54% | 30.64% | 41.38% | 78.1 | Life and health reinsurer; earnings driven by mortality and spread income, with the whole sector under pressure from improving mortality trends and capital redeployment. |
| CI | The Cigna Group | Health Care | Healthcare Plans | 7.988e+10 | 9.03 | 12.51 | 66.44% | 50.92% | 125.58% | 11.24% | 1.53% | -2.23% | 9.53% | 9.73% | 4.95% | 53.2 | Managed-care and PBM operator with the lowest multiple in large-cap healthcare because of medical-cost trend and pharmacy-benefit regulation risk; margin recovery in the insurance segment is the key catalyst. |
| MTCH | Match Group, Inc. | Communication Services | Internet Content & Information | 1.002e+10 | 9.04 | 15.23 | 11.27% | 99.58% | 22.25% | 0.22% | 1.37% | -3.27% | -1.38% | 22.20% | 33.63% | 97 | Dating-app portfolio losing user engagement to newer entrants; buybacks support per-share earnings, but Tinder's paying-user trajectory and new-product launches decide whether this is value or a value trap. |
| BMY | Bristol-Myers Squibb Company | Health Care | Drug Manufacturers - General | 1.221e+11 | 9.11 | 13.16 | 178.83% | 89.54% | 35.06% | -0.22% | 3.16% | -12.25% | -3.93% | 1.46% | 43.11% | 66.7 | Pharma with a cheap multiple reflecting the loss-of-exclusivity cliff and pipeline skepticism; cash flow is robust and supports the dividend and deals, so the re-rating depends on pipeline readouts rather than current earnings. |
| T | AT&T Inc. | Communication Services | Telecom Services | 1.606e+11 | 9.14 | 7.74 | 90.86% | -15.67% | 2783.45% | 2.71% | 3.56% | -19.45% | -6.64% | -9.38% | -5.80% | 20 | Telecom incumbent whose fiber and wireless growth is offset by legacy wireline decline and high leverage; dividend sustainability and converged-bundle share are the whole debate. |
| BPOP | Popular, Inc. | Financials | Banks - Regional | 1.013e+10 | 9.18 | 10.74 | 35.65% | 40.77% | 58.17% | — | 1.42% | -10.67% | -1.29% | 9.30% | 35.45% | 74.6 | Puerto Rico-based bank with strong deposit franchise and excess capital; the low multiple partly reflects island macro and public-sector exposure. |
| AIG | American International Group, I | Financials | Insurance - Diversified | 4.222e+10 | 9.19 | 14.73 | 434.45% | 61.76% | 66.96% | -1.75% | 1.73% | -6.76% | 6.69% | 3.98% | 1.81% | 38.7 | Global P&C insurer with improving underwriting margins and an active capital-return program; the rating environment for commercial lines is the key swing factor. |
| B | Barrick Mining Corporation | Materials | Gold | 6.775e+10 | 9.27 | 10.55 | 131.67% | 50.21% | 80.98% | 31.22% | 1.89% | -22.95% | -6.57% | -5.33% | 19.71% | 88.7 | Gold major with improved cost structure and a growing copper optionality story; earnings reflect leverage to bullion, so a cheap multiple on high gold prices is less of a bargain than it looks if the metal corrects. |
| SAN | Banco Santander, S.A. Sponsored | Financials | Banks - Diversified | 1.939e+11 | 9.3 | 13.04 | 12.78% | 57.96% | 68.09% | 0.03% | 1.10% | -11.63% | -10.26% | 4.53% | 36.41% | 77.7 | Euro-area bank with broad geographic mix and strong capital returns; earnings momentum tracks European rates and the pace of buybacks. |
| AU | AngloGold Ashanti PLC | Materials | Gold | 4.695e+10 | 9.32 | 12.44 | 202.57% | 91.81% | 326.58% | — | 4.09% | -27.63% | -9.32% | -13.38% | 29.12% | 92.3 | Gold producer post-restructuring with rising free cash flow; the multiple is a metal-price call with operational improvement layered on. |
| KEY | KeyCorp | Financials | Banks - Regional | 2.133e+10 | 9.36 | 11.69 | 1236.02% | 40.57% | -227.32% | 62.65% | 3.08% | -16.67% | -4.58% | -6.51% | 17.38% | 75.2 | Regional bank with meaningful capital-markets and payments revenue; NIM expansion alongside lending-fee growth is the earnings lever. |
| PAAS | Pan American Silver Corp. | Materials | Gold | 2.065e+10 | 9.39 | 13.08 | 767.26% | 83.93% | — | 28.38% | 0.81% | -35.65% | -10.90% | -24.64% | 8.82% | 71.7 | Silver-primary miner with leverage to both precious and industrial metals; cost inflation and mine sequencing are the risks beneath the growth read. |
| OVV | Ovintiv Inc. (DE) | Energy | Oil & Gas E&P | 1.918e+10 | 9.52 | 19.37 | 10.40% | 52.32% | -224.26% | -2.67% | 1.30% | 0.00% | 10.07% | 32.58% | 90.20% | 36.3 | Oil and gas producer levered to Permian/Montney economics and natural-gas liquids pricing; the earnings swing follows the commodity curve, so the cheap multiple is a bet on the forward strip holding. |
| JBS | JBS N.V. | Consumer Staples | Packaged Foods | 1.395e+10 | 9.63 | 12.18 | 13.32% | -28.42% | — | 11.66% | 7.67% | -29.26% | 8.04% | -20.53% | 9.87% | 10.6 | Global protein producer with stable demand and a US listing reshaping its capital structure; cyclical beef and chicken margins drive earnings. |
| C | Citigroup, Inc. | Financials | Banks - Diversified | 2.084e+11 | 9.65 | 13.39 | 12.62% | 84.31% | 16.15% | 5.58% | 1.99% | -14.70% | -6.36% | -5.07% | 27.17% | 27.9 | Discount-to-book global bank with a multi-year service and treasury turnaround; a steeper curve, buybacks and continued expense discipline are the levers, with regulatory capital the risk. |
| RF | Regions Financial Corporation | Financials | Banks - Regional | 2.339e+10 | 9.66 | 11.16 | 13.89% | 23.59% | 14.08% | — | 2.90% | -15.28% | -3.62% | -0.49% | 15.44% | 68 | Southeast regional bank; fee businesses (mortgage, wealth) complement NIM, and capital-return capacity is the main attraction at this valuation. |
| BAC | Bank of America Corporation | Financials | Banks - Diversified | 3.582e+11 | 9.67 | 11.83 | 13.11% | 38.98% | 24.48% | 6.84% | 1.64% | -20.95% | -11.95% | -3.99% | 0.08% | 78.5 | Largest US consumer bank; value reflects sensitivity to the deposit beta, credit-card losses and investment-banking cyclicality. Rate expectations recut this multiple more than earnings surprises do. |
| CFG | Citizens Financial Group, Inc. | Financials | Banks - Regional | 2.669e+10 | 9.71 | 13.8 | 21.34% | 69.03% | 35.34% | 5.61% | 2.90% | -15.21% | -5.98% | -0.34% | 26.24% | 72.3 | Regional bank in the middle of a private-banking/wealth build-out; the franchise integration and deposit franchise are the differentiators versus the sector. |
| LDOS | Leidos Holdings, Inc. | Information Technology | Information Technology Services | 1.567e+10 | 9.77 | 11.67 | 16.87% | 14.75% | -7.46% | 3.07% | 1.03% | -37.43% | -4.67% | -18.99% | -32.31% | 46.5 | Defense IT and health services contractor; a discounted multiple reflects political uncertainty around federal budget constraints and DOGE-style cost reviews rather than demand weakness. |
| PYPL | PayPal Holdings, Inc. | Financials | Credit Services | 4.85e+10 | 9.79 | 10.72 | 26.19% | 7.09% | 10.20% | 4.32% | 0.74% | -22.35% | 7.10% | 12.24% | -15.66% | 72.8 | Payments platform where the debate is whether branded checkout can defend share against Apple/Google and modern wallets; free cash flow and buybacks keep per-share growth intact while the narrative resets. |

### Cheap for a reason? Reading the screen

**Screen logic** — US-listed large caps (market cap ≥ $10B) trading under 15x forward earnings whose diluted EPS grew more than 10% year over year. Foreign ADRs are excluded (per-ADR EPS comparisons are distorted by ADS ratios and FX), and rows where forward EPS implies an implausible swing versus reported diluted EPS (above +200% or below -50%) are removed.

**Which growth measures are used?** *EPS Growth (YoY, annual)* is the change in diluted EPS from the latest fiscal year versus the prior one. As a forward-looking cross-check the table carries *Forward EPS vs Reported EPS* — the change analysts are modelling for the current year — and *Quarterly Net Income YoY* (latest quarter versus the same quarter a year earlier) where it is available. The quarterly figure is intentionally blank for banks, insurers and REITs, where quarterly net income is dominated by marks and reserve moves rather than operating earnings, so a same-quarter comparison would be misleading.

**What the low multiples really are.** The cheapest names fall into three buckets: cyclicals sitting on peak earnings where the forward multiple is the market's way of pricing a fade (gold and silver miners, steel, aluminum, refiners and E&P, memory); rate- and credit-sensitive financials and mortgage REITs where book value and spreads, not EPS, drive the stock; and self-help or narrative-reset stories — large-cap software, managed care, consumer brands — where cash flow is intact but sentiment has reset hard. Single-year EPS growth above 50% is usually a low-base artifact: read it next to revenue growth, ROIC and the forward EPS step-up before calling it durable.

**Positioning read.** With the tape de-risking long-duration growth and paying up for cash today, this screen skews toward exactly what has a bid — energy, dividend-paying financials and staples-like cash cows — while the cheapest software, telecom and housing-cycle names are where the duration penalty has been harshest. Use *Momentum Potential* against *% From 52-Week High* to separate names where estimates are rising and price is following (value with a catalyst) from names where the multiple is cheap because the trend, and often the estimate path, is still going down.

### Full screen universe by sector — sized by market cap, colored by Forward P/E

_[heatmap: Full screen universe by sector — sized by market cap, colored by Forward P/E]_

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_Generated by Relaxfolio — investment opportunity discovery. A research starting point, not investment advice._
