Why it matters
Big, established companies on modest multiples. It is best used as a valuation shortlist, not a buy list: the strongest candidates still need balance-sheet, cash-flow and competitive-position checks.
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Undervalued Blue Chips
Big, established companies on modest multiples.
Large, established companies occasionally trade at valuations usually reserved for lesser businesses. This collection screens $10bn-plus names for a P/E of 15 or below and a reasonable price-to-book — quality at a discount — ranked by market cap.
What to check next
Look for durable margins, sensible debt, cash conversion and whether the market is pricing in a temporary problem or a permanent decline.
Main risk
Cheap or high-quality screens can still contain value traps when earnings are peaking, accounting quality is poor or the business model is losing relevance.
Showing the 40 largest of 438 — sort or filter to explore the rest.
- RewardRisk
- RewardRiskYield1.8%
- RewardRiskYield5.2%
- RewardRiskYield4.9%
- RewardRiskYield38.2%
- RewardRiskYield86.5%
- RewardRiskYield5.2%
- RewardRiskYield4.5%
- RewardRiskYield2.0%
- RewardRiskYield4.6%
- RewardRiskYield2.2%
- RewardRiskYield4.8%
- RewardRiskYield3.3%
- RewardRiskYield33.2%
- RewardRiskYield4.8%
- RewardRiskYield1.1%
- RewardRiskYield0.0%
- RewardRiskYield2.3%
- RewardRiskYield5.8%
- RewardRiskYield2.3%
- RewardRiskYield5.6%
- RewardRiskYield26.5%
- RewardRiskYield3.8%
- RewardRiskYield4.5%
- RewardRiskYield4.1%
- RewardRiskYield0.0%
- RewardRiskYield3.8%
- RewardRiskYield2.5%
- RewardRiskYield6.5%
- RewardRiskYield8.0%
- RewardRiskYield0.3%
- RewardRiskYield1.3%
- RewardRiskYield1.1%
- RewardRiskYield4.3%
- RewardRiskYield1.5%
- RewardRiskYield1.4%
- RewardRiskYield5.8%
- RewardRiskYield0.0%
- RewardRiskYield4.7%
- RewardRisk
Related collections
Frequently asked questions
What is the Undervalued Blue Chips collection?
Big, established companies on modest multiples. It currently holds 438 stocks, each rated by Openbook's Reward and Risk scores. Large, established companies occasionally trade at valuations usually reserved for lesser businesses.
How are Undervalued Blue Chips stocks selected?
Constituents are chosen by a rules-based screen over the full UK and US common-stock universe, then ranked by market capitalisation.
How often is the Undervalued Blue Chips list updated?
It is rebuilt from live market data, so the constituents and their rankings update as prices and company fundamentals change — there is no fixed, hand-edited list.
How should I use the Reward and Risk ratings?
Openbook's Reward rating combines a stock's growth, momentum, profitability and valuation into a single 0–100 score, and the Risk rating scores financial strength, volatility and size. Use them to compare names within this theme — broadly, a higher Reward alongside a lower Risk is more attractive. They are quantitative research signals, not investment advice.
Openbook Reward and Risk ratings and factor scores are quantitative signals for research, not investment advice. Data may be delayed. Some US-listed names carry partial factor coverage.