![CNBCTV18 CNBCTV18](https://images.cnbctv18.com/wp-content/uploads/2020/01/GFX1.jpg?impolicy=website&width=550&height=300)
Maruti Suzuki trades at c.27.70 FY21E P/E.
![CNBCTV18 CNBCTV18](https://images.cnbctv18.com/wp-content/uploads/2020/01/GFX2.jpg?impolicy=website&width=550&height=300)
Mahindra & Mahindra: The stock trades at c.14.43x FY21E P/E.
![CNBCTV18 CNBCTV18](https://images.cnbctv18.com/wp-content/uploads/2020/01/GFX3.jpg?impolicy=website&width=550&height=300)
ITC trades at c.17.50x FY21 P/E, a discount in comparison to its peers in the FMCG space.
![CNBCTV18 CNBCTV18](https://images.cnbctv18.com/wp-content/uploads/2020/01/GFX4.jpg?impolicy=website&width=550&height=300)
Cipla trades at c.18.76x FY21E P/E.
![CNBCTV18 CNBCTV18](https://images.cnbctv18.com/wp-content/uploads/2020/01/GFX5.jpg?impolicy=website&width=550&height=300)
HDFC Bank trades at c.3.39x FY21E P/B.
![CNBCTV18 CNBCTV18](https://images.cnbctv18.com/wp-content/uploads/2020/01/GFX6.jpg?impolicy=website&width=550&height=300)
ICICI Bank trades at c.2.67x FY21E P/B, which remains a discount in comparison to its retail-focused peers.
![CNBCTV18 CNBCTV18](https://images.cnbctv18.com/wp-content/uploads/2020/01/GFX7.jpg?impolicy=website&width=550&height=300)
Larsen & Toubro trades at c.15.25x FY21E P/E.
![CNBCTV18 CNBCTV18](https://images.cnbctv18.com/wp-content/uploads/2020/01/GFX8.jpg?impolicy=website&width=550&height=300)
(Disclaimer: RIL, the promoter of Reliance Jio, also controls Network18, the parent company of CNBCTV18.com.)
![CNBCTV18 CNBCTV18](https://images.cnbctv18.com/wp-content/uploads/2020/01/GFX9.jpg?impolicy=website&width=550&height=300)
Infosys: The stock trades at c. 17.09x FY21E P/E against c.22.71x FY21E P/E for its peer Tata Consultancy Services (TCS).
![CNBCTV18 CNBCTV18](https://images.cnbctv18.com/wp-content/uploads/2020/01/GFX10.jpg?impolicy=website&width=550&height=300)
Ashok Leyland trades at c.20.49x FY21E P/E.
![CNBCTV18 CNBCTV18](https://images.cnbctv18.com/wp-content/uploads/2020/01/GFX11.jpg?impolicy=website&width=550&height=300)
Lupin currently trades at c.22.65x FY21E P/E.