I have created a spreadsheet on my own and sorted out stocks from Nifty 500.

I assume that range of Low PE lies between 3–10, Medium PE ratio as 10–30 and High PE above 30. Although It is very much dependent on the type of sector selected whether a PE should be considered high or low.

For general reference I am listing the low PE stocks from NIFTY 500-

1. Bharat Petroleum Corporation Ltd. – PE 3.74
2. Hindustan Petroleum Corporation Ltd.- PE 3.99
3. IDFC Ltd.- PE 4.79
4. Indian Oil Corporation Ltd.- PE 5.26
5. Great Eastern Shipping Co. Ltd. – PE 5.52
6. JK Paper Ltd. – PE 5.98
7. Bank of Baroda – PE 6.51
8. Oil & Natural Gas Corporation Ltd. – PE 7.08
9. Birlasoft Ltd. – PE 7.19
10. Oil India Ltd. – PE 7.74
11. Power Finance Corporation Ltd. – PE 7.75
12. Indian Bank – PE 8.26
13. Manappuram Finance Ltd. – PE 8.05
14. Mangalore Refinery & Petrochemicals Ltd. – PE 8.10
15. Raymond Ltd. – PE 7.89
16. Coal India Ltd. – PE 8.77
17. Aditya Birla Capital Ltd. – PE 8.16
18. State Bank of India – PE 8.26
19. Federal Bank Ltd. – PE 8.51
20. REC Ltd. – PE 9.51