Global Strong Past Earnings Growth, P/E Ratio Below 20

Alphabet

Market Cap: US$2.0t

Offers various products and platforms in the United States, Europe, the Middle East, Africa, the Asia-Pacific, Canada, and Latin America.

Alibaba Group Holding

Market Cap: US$323.6b

Through its subsidiaries, provides technology infrastructure and marketing reach to help merchants, brands, retailers, and other businesses to engage with their users and customers in the People's Republic of China and internationally.

Novartis

Market Cap: CHF 194.0b

Engages in the research, development, manufacture, distribution, marketing, and sale of pharmaceutical medicines in Switzerland and internationally.

QUALCOMM

Market Cap: US$172.8b

Engages in the development and commercialization of foundational technologies for the wireless industry worldwide.

Sony Group

Market Cap: JP¥22.2t

Designs, develops, produces, and sells electronic equipment, instruments, and devices for the consumer, professional, and industrial markets in Japan, the United States, Europe, China, the Asia-Pacific, and internationally.

Zurich Insurance Group

Market Cap: CHF 86.8b

Provides insurance products and related services in Europe, the Middle East, Africa, North America, Latin America, and the Asia Pacific.

Münchener Rückversicherungs-Gesellschaft in München

Market Cap: €76.0b

Engages in the insurance and reinsurance businesses worldwide.

Tokyo Electron

Market Cap: JP¥10.2t

Develops, manufactures, and sells semiconductor and flat panel display (FPD) production equipment in Japan, Europe, North America, Taiwan, China, South Korea, Southeast Asia, and internationally.

Life Insurance Corporation of India

Market Cap: ₹4.9t

Provides life insurance products in India, Fiji, Mauritius, and the United Kingdom.

Ameriprise Financial

Market Cap: US$48.0b

Operates as a diversified financial services company in the United States and internationally.

Kotak Mahindra Bank

Market Cap: ₹4.0t

Provides a range of banking and financial services to corporate and individual customers in India.

Mitsubishi Electric

Market Cap: JP¥6.2t

Develops, manufactures, distributes, and sells electrical and electronic equipment worldwide.

China Pacific Insurance (Group)

Market Cap: CN¥294.0b

Provides insurance products to individual and institutional customers in the People’s Republic of China.

Baidu

Market Cap: US$35.9b

Provides online marketing and cloud services through an internet platform in the People’s Republic of China.

Hannover Rück

Market Cap: €32.8b

Provides reinsurance products and services in Germany, the United Kingdom, France, Europe, the United States, Asia, Australia, Africa, and internationally.

Hartford Insurance Group

Market Cap: US$34.2b

Provides insurance and financial services to individual and business customers in the United States, the United Kingdom, and internationally.

Great-West Lifeco

Market Cap: CA$48.7b

Engages in the life and health insurance, retirement savings, wealth and asset management, and reinsurance businesses in Canada, the United States, and Europe.

Commerzbank

Market Cap: €28.2b

Provides banking and capital market products and services to private and small business customers, corporate, financial service providers, and institutional clients in Germany, rest of Europe, the Americas, Asia, and internationally.

Sompo Holdings

Market Cap: JP¥4.5t

Provides property and casualty (P&C) insurance services in Japan and internationally.

Centene

Market Cap: US$29.6b

Operates as a healthcare enterprise that provides programs and services to under-insured and uninsured families, and commercial organizations in the United States.

Raymond James Financial

Market Cap: US$29.5b

A diversified financial services company, provides private client group, capital markets, asset management, banking, and other services to individuals, corporations, and municipalities in the United States, Canada, and Europe.

Tesco

Market Cap: UK£21.5b

Operates as a grocery retailer in the United Kingdom, Republic of Ireland, the Czech Republic, Slovakia, and Hungary.

ArcelorMittal

Market Cap: €23.3b

Operates as integrated steel and mining companies in the United States, Europe, and internationally.

Publicis Groupe

Market Cap: €23.2b

Provides marketing, communications, and digital business transformation services in North America, Europe, the Asia Pacific, Latin America, Africa, and the Middle East.

Dover

Market Cap: US$25.0b

Provides equipment and components, consumable supplies, aftermarket parts, software and digital solutions, and support services worldwide.

W. R. Berkley

Market Cap: US$24.0b

An insurance holding company, operates as a commercial line writer worldwide.

Markel Group

Market Cap: US$23.6b

Through its subsidiaries, engages in the insurance business in the United States and internationally.

Cincinnati Financial

Market Cap: US$22.8b

Provides property casualty insurance products in the United States.

ADNOC Drilling Company P.J.S.C

Market Cap: د.إ83.3b

Engages in the provision of drilling and construction services in in the United Arab Emirates.

H & M Hennes & Mauritz

Market Cap: SEK 220.9b

Provides clothing, accessories, footwear, cosmetics, home textiles, and homeware for women, men, and children worldwide.

Biogen

Market Cap: US$20.9b

Biogen Inc. discovers, develops, manufactures, and delivers therapies for treating neurological and neurodegenerative diseases in the United States, Europe, Germany, Asia, and internationally.

Hewlett Packard Enterprise

Market Cap: US$20.9b

Provides solutions that allow customers to capture, analyze, and act upon data seamlessly in the Americas, Europe, the Middle East, Africa, the Asia Pacific, and Japan.

QBE Insurance Group

Market Cap: AU$33.0b

Engages in underwriting general insurance and reinsurance risks in the Australia Pacific, North America, and internationally.

Essity

Market Cap: SEK 204.4b

Develops, produces, and sells hygiene and health products and services in Europe, North and Latin America, Asia, and internationally.

Central Japan Railway

Market Cap: JP¥3.0t

Engages in the railway and related businesses in Japan.

Borouge

Market Cap: د.إ73.0b

Through its subsidiaries, provides polymer solutions in the People’s Republic of China, India, the United Arab Emirates, Austria, Egypt, Pakistan, Vietnam, Saudi Arabia, Bangladesh, Japan, and internationally.