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Current inventory market volatility has given buyers an excellent alternative to purchase low cost shares. That chance narrowed barely yesterday (10 April), because the FTSE 100 staged a robust aid rally after Donald Trump introduced a ceasefire in Iran.
The P/E ratio measures an organization’s share value towards its earnings, exhibiting how a lot buyers are paying for every £1 of revenue. A low P/E can sign worth, however might also replicate weak progress prospects or underlying dangers. It’s not a surefire assure of a cut price.
Blue-chip bargains galore!
Extremely, two FTSE 100 shares commerce on fractional P/Es. Insurer Authorized & Basic Group, which yields an eye catching 8.4%, has a P/E of simply 0.3, whereas client items big Reckitt trades at 0.6. I’ve checked out each lately for The Motley Idiot and concluded that whereas they’ve points, they’re nonetheless value contemplating at present.
I’ve additionally highlighted sportswear retailer JD Sports activities Trend. Its shares have taken a battering as squeezed customers lower spending and gross sales wrestle throughout the UK, Europe, and the US. A fast restoration appears unlikely, particularly with inflation nonetheless cussed. If synthetic intelligence hits employment for youthful customers, a key buyer base, JD Sports activities might face additional strain.
I personal Authorized & Basic and JD Sports activities in my SIPP, alongside one other worth inventory, British Airways-owner Worldwide Consolidated Airways Group. I’ve completed effectively out of IAG, however the shares have been bumpy since Center East tensions exploded. Considerations over flight hub closures and rising gas prices have all hit the shares. With its low P/E of 6.8, I nonetheless assume IAG is value contemplating for the long run, however it is a unstable sector and never for the faint-hearted.
IG Group appears good worth
The ultimate low cost inventory on my listing is one I haven’t coated for some time, buying and selling platform IG Group Holdings (LSE: IGG). I assumed it seemed a cut price just a few years in the past however by no means purchased in. Disgrace. The shares have doubled during the last two years and are up round 55% over 12 months. IG shot into the FTSE 100 in March 2026.
IG operates in on-line buying and selling and funding platforms, providing unfold betting, contracts for distinction, and share dealing companies to retail and institutional buyers. It tends to learn when markets are unstable, as larger exercise drives buying and selling volumes.
In 2025, IG posted a 7% rise in income to £1.1bn, with pre-tax revenue up 15% to £564m. It additionally introduced a £125m share buyback, reflecting robust efficiency and progress in shopper numbers.
As we speak’s volatility is prone to play into its fingers, but it nonetheless appears good worth with a P/E of 6.9. The yield has slipped to three.25% after the share value surge, however it stays enticing. I already maintain loads of monetary shares, so I most likely shouldn’t purchase this one myself. In any other case, I feel it’s effectively value contemplating.
So there are nonetheless real bargains on the market. With volatility prone to proceed because the ceasefire is examined, extra alternatives might but emerge.
