Stock below Rs 100: This low PE, high ROE company has declared a sub-division of equity shares; do you own it? Stock below Rs 100: This low PE, high ROE company has declared a sub-division of equity shares; do you own it? The stock PE multiple is just 8.57 whereas the industry PE multiple is 23.19 and high ROE of 32.7 per cent, all of this points to excellent managerial performance. Kiran Shroff / Friday, December 16, 2022 / Article rating: 4.2 The stock PE multiple is just 8.57 whereas the industry PE multiple is 23.19 and high ROE of 32.7 per cent, all of this points to excellent managerial performance.