5 S&P 500 Stocks with Low PE Ratios that May be Undervalued: Comcast, Centene, APA, Charter, Devon Energy

Five S&P 500 stocks with low PE ratios include Comcast Corp (CMCSA), Centene Corp (CNC), APA Corporation (APA), Charter Communications Inc (CHTR), and Devon Energy Corp (DVN). These companies have diversified businesses, stable revenue streams, and strong potential for growth despite market uncertainty. Undervalued stocks can be attractive during volatile markets, but it's essential to research the company and understand its industry before investing.

In today's volatile market, investors are seeking undervalued stocks with strong fundamentals. Five S&P 500 companies with low PE ratios—Comcast Corp (CMCSA), Centene Corp (CNC), APA Corporation (APA), Charter Communications Inc (CHTR), and Devon Energy Corp (DVN)—stand out due to their diversified businesses, stable revenue streams, and potential for growth. While low PE ratios can indicate undervaluation, thorough research is essential before making investment decisions.

Comcast Corp, with a PE ratio of approximately 13.5, is a diversified media and entertainment company. Its low PE ratio reflects its strong cash flows and stable revenue streams, which are driven by its cable and internet services, as well as its content creation and distribution businesses. Centene Corp, with a PE ratio of around 12.3, is a healthcare company focused on managed care and pharmacy services. Its low PE ratio is a result of its stable revenue growth and high operating margins.

APA Corporation (APA), with a PE ratio of about 9.5, has been making significant strides in improving its financial health. In the second quarter of 2025, APA reported strong earnings and a 6% improvement in free cash flow despite lower commodity prices. The company has been actively reducing its debt, with a goal of reaching a net debt of $3 billion by 2030. This deleveraging, combined with improved operational efficiencies, has positioned APA for growth, particularly in its natural gas and oil operations [1].

Charter Communications Inc, with a PE ratio of around 12.7, is a leading provider of broadband, internet, and television services. Its low PE ratio reflects its stable revenue streams and strong market position. Devon Energy Corp, with a PE ratio of approximately 10.3, is an integrated energy company with a focus on oil and gas exploration and production. Its low PE ratio is a result of its strong balance sheet and stable cash flows.

While low PE ratios can indicate undervaluation, investors should also consider other factors, such as the company's growth prospects, management quality, and the industry's overall health. Additionally, market volatility can cause PE ratios to fluctuate, making it essential to stay informed about the latest developments and trends.

In conclusion, Comcast, Centene, APA, Charter, and Devon are S&P 500 stocks with low PE ratios that offer attractive investment opportunities. However, investors should conduct thorough research and consider other factors before making investment decisions.

References:
[1] https://seekingalpha.com/article/4812152-apa-corp-getting-leaner-and-meaner