Top 5 Lowest P/E Ratio Stocks of the S&P 500

4. Jack Henry & Associates, Inc. (NASDAQ:JKHY)

Number of Hedge Fund Holders: 38

Jack Henry & Associates, Inc. (NASDAQ:JKHY), with a forward P/E of 18.02x and upside potential of 50.70%, is among the top 10 lowest forward P/E stocks in the S&P 500.

The fintech platform provider announced two notable wins in quick succession, pointing to growing traction with larger financial institutions.

On May 28, 2026, Jack Henry announced that Woodforest National Bank, a multi-state community bank with more than $9 billion in assets and over 740 branches across 17 states, selected Jack Henry & Associates, Inc. (NASDAQ:JKHY) to support its growth, modernization, and long-term digital strategy. The deal marks the largest new core signing in Jack Henry’s history by number of accounts. Woodforest cited the company’s modern, open architecture, public cloud-native services, and integrated platform as key factors in its decision.

Management noted that over the past three fiscal years, 44 financial institutions with over $1 billion in assets switched their core platform to Jack Henry & Associates, Inc. (NASDAQ:JKHY), representing approximately $94 billion in total assets. That compares to 15 institutions representing roughly $26 billion in assets signed during fiscal years 2022 and 2023. Jack Henry has more than 35 existing clients with over $9 billion in assets, though Woodforest is the largest new signing at that scale.

Meanwhile, on June 2, 2026, Aeropay announced it is using Jack Henry & Associates, Inc. (NASDAQ:JKHY)’s embedded payments technology to expand its instant payment capabilities across its national pay-by-bank network. Through integration with Jack Henry Payments Orchestrator, Aeropay gains additional payment rail infrastructure and enhanced bank integration capabilities.

Founded in 1976, Jack Henry & Associates, Inc. (NASDAQ:JKHY) is a financial technology provider for community banks and credit unions. Headquartered in Missouri, the company offers core processing, digital banking, and specialized payment solutions to more than 7,400 clients.