NASDAQ 200 undervalued ranking
Ranked by the Magic Formula (simplified) strategy. Lower valuation ranks higher. · Financial Services
Data as of: 2026-10-30 · end-of-day, not real-time
Information & education only — not investment advice or a guarantee of returns.
Banks, insurers and REITs don't fit standard cheapness metrics (free cash flow, EV/EBITDA, magic formula), so their undervaluation score is structurally low. Their scarcity near the top of the overall ranking reflects metric fit, not overvaluation — compare them directly on P/B, dividend yield and other views.
Best Undervalued NASDAQ 200 Stocks (2026) →
Best Balanced NASDAQ 200 Stocks (2026) →
💡 Preset screens
Magic Formula (simplified) — Good companies at cheap prices (Greenblatt)
Built from: EV/EBITDA · ROA (Return on Assets)
Past track record (research): ~30.8%/yr
Details →From academic studies of a broad, monthly-rebalanced portfolio — NOT this list of stocks (past data, before fees, possible survivorship bias). The effect weakens over time and is smaller for big companies — a reference, not a promise of these stocks' or future returns.
15 stocks · 7 value-trap stocks hidden
Return periodtrading days (holidays excluded)
Sort
1First Citizens BancShares Inc.FCNCA NASDAQ · Financial ServicesP/E12.1–①
Mkt Cap
$26.1B
P/E
12.1
P/B
1.3
1M
+13.5%
2Cincinnati Financial CorporationCINF NASDAQ · Financial ServicesP/E10.6–
Mkt Cap
$27.8B
P/E
10.6
P/B
1.7
1M
+11.9%
3Arch Capital Group Ltd.ACGL NASDAQ · Financial ServicesP/E8.7–
Mkt Cap
$34.7B
P/E
8.7
P/B
1.6
1M
+13.6%
4Northern Trust CorporationNTRS NASDAQ · Financial ServicesP/E13.3–
Mkt Cap
$30.9B
P/E
13.3
P/B
2.5
1M
-1.3%
5Principal Financial Group IncPFG NASDAQ · Financial ServicesP/E15.9–
Mkt Cap
$23.8B
P/E
15.9
P/B
2.0
1M
-0.3%
6Nasdaq Inc.NDAQ NASDAQ · Financial ServicesP/E29.0–
Mkt Cap
$59.4B
P/E
29.0
P/B
4.9
1M
+17.6%
7East West Bancorp Inc.EWBC NASDAQ · Financial ServicesP/E12.4–
Mkt Cap
$17.9B
P/E
12.4
P/B
2.0
1M
+3.6%
8CME Group Inc.CME NASDAQ · Financial ServicesP/E24.8–
Mkt Cap
$108.5B
P/E
24.8
P/B
4.1
1M
+15.2%
9Tradeweb Markets Inc.TW NASDAQ · Financial ServicesP/E29.3–
Mkt Cap
$26.5B
P/E
29.3
P/B
3.9
1M
+19.9%
10Willis Towers Watson Public Limited CompanyWTW NASDAQ · Financial ServicesP/E19.9–①
Mkt Cap
$29.9B
P/E
19.9
P/B
3.9
1M
+12.4%
11Interactive Brokers Group Inc.IBKR NASDAQ · Financial ServicesP/E29.4–
Mkt Cap
$131.0B
P/E
29.4
P/B
5.6
1M
-12.9%
12T. Rowe Price Group Inc.TROW NASDAQ · Financial ServicesP/E10.4–①
Mkt Cap
$22.2B
P/E
10.4
P/B
1.9
1M
-0.7%
13Huntington Bancshares IncorporatedHBAN NASDAQ · Financial ServicesP/E12.9–
Mkt Cap
$31.8B
P/E
12.9
P/B
1.1
1M
+2.9%
14LPL Financial Holdings Inc.LPLA NASDAQ · Financial ServicesP/E16.3–①
Mkt Cap
$22.2B
P/E
16.3
P/B
3.8
1M
-10.3%
15TPG Inc.TPG NASDAQ · Financial ServicesP/E69.7–
Mkt Cap
$18.2B
P/E
69.7
P/B
6.0
1M
+4.5%