10 US Large-Cap Stocks Trading at 47%-63% Discounts to Sector Valuations

At least 10 US large-cap stocks are trading at discounts of 46.7% to 62.9% compared with their sector forward P/E ratios, according to Vested Finance. The list includes Comcast, AT&T, Fiserv and Bristol-Myers Squibb.

The S&P 500 gained 4.3% over the past six months and 10.2% in 2026. However, market volatility and concerns over AI spending have kept investors focused on stock valuations.

10 US Stocks Trading at Sector Discounts

Company	Forward P/E	Sector P/E	Discount
Comcast	6.9	18.6	62.9%
Universal Health Services	7.8	18.4	57.6%
AES Corporation	6.6	15.5	57.4%
AerCap Holdings	9.6	22.5	57.3%
Fidelity National Information Services	6.3	14.1	55.3%
AT&T	8.9	18.6	52.2%
Fiserv	7.1	14.1	49.7%
VICI Properties	8.5	16.8	49.4%
PG&E Corporation	7.9	15.5	49.0%
Bristol-Myers Squibb	9.8	18.4	46.7%

Comcast Tops the List

Comcast leads with a 62.9% discount, trading at a forward P/E of 6.9 times against its sector average of 18.6 times. Universal Health Services and AES Corporation follow with discounts of 57.6% and 57.4%, respectively.

Other companies on the list span telecommunications, financial services, utilities, healthcare, real estate and pharmaceuticals.

What Should Investors Consider?

A low P/E ratio does not automatically mean a stock is undervalued. Earnings growth, debt, regulatory risks and business performance can all influence valuations.

Key Takeaway: These 10 stocks trade well below their sector valuation averages, but investors should assess their financial health and growth prospects before considering them potential bargains.

How many US stocks are trading at deep discounts to their sector P/E ratios?

At least 10 US large-cap stocks are trading at discounts ranging from 46.7% to 62.9%.

Which stock has the largest valuation discount?

Comcast leads the list with a 62.9% discount to its sector forward P/E ratio.

What is Comcast's forward P/E ratio?

Comcast has a forward P/E ratio of 6.9 times, compared with its sector average of 18.6 times.

Which company ranks second on the list?

Universal Health Services ranks second with a 57.6% discount to its sector P/E ratio.

What is AES Corporation's valuation discount?

AES Corporation trades at a 57.4% discount to its sector forward P/E ratio.

What is AerCap Holdings' forward P/E discount?

AerCap Holdings trades at a 57.3% discount to its sector P/E ratio.

How much discount does Fidelity National Information Services offer?

Fidelity National Information Services trades at a 55.3% discount to its sector P/E ratio.

What is AT&T's forward P/E discount?

AT&T trades at a 52.2% discount to its sector forward P/E ratio.

What is Fiserv's valuation discount?

Fiserv trades at a 49.7% discount to its sector P/E ratio.

How much discount does VICI Properties have?

VICI Properties trades at a 49.4% discount to its sector forward P/E ratio.

What is PG&E Corporation's sector valuation discount?

PG&E Corporation trades at a 49% discount to its sector P/E ratio.

Which company has the smallest discount among the 10 stocks?

Bristol-Myers Squibb has the smallest discount at 46.7%.

What is the S&P 500's forward P/E ratio?

The S&P 500's forward P/E ratio was approximately 18.5 times at the end of October.

How has the S&P 500 performed recently?

The S&P 500 gained around 4.3% over six months and 10.2% in 2026, according to the supplied data.

Is the S&P 500's forward P/E below its historical averages?

Yes. Its forward P/E of approximately 18.5 times was below its five-year and ten-year averages.

Does a lower forward P/E mean a stock is undervalued?

No. A lower P/E ratio does not automatically indicate undervaluation. Earnings prospects, debt and business risks also matter.

Why might these companies trade below their sector P/E ratios?

Factors such as slower earnings growth, debt levels, regulatory exposure and company-specific risks may contribute to lower valuations.

Is AT&T trading below its historical valuation?

Although AT&T trades below its sector forward P/E, its trailing P/E is around 14.5% above its five-year average.

Which sectors are represented in the list?

The companies operate across communication services, healthcare, utilities, financial services, aviation leasing, real estate and pharmaceuticals.

Should investors buy these stocks because of their valuation discounts?

Not necessarily. Investors should examine earnings growth, balance sheets, cash flows, competitive positions and business risks before making investment decisions.