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Even after latest turbulence, the FTSE 100‘s returns have been exceptional over the last year. It’s up 27% since mid-to-late April 2025, even after shocks just like the Iran battle and worries over AI disruption. Adding dividends into the equation, the index has delivered a complete return north of 30%.
Yet the Footsie‘s still an incredible place to go looking for cut price shares. Some top blue-chip shares still commerce cheaply regardless of robust latest worth features. Other high quality shares have additionally fallen in worth, offering nice dip-buying prospects for cut price hunters.
3i Group (LSE:III), Standard Life (LSE:SDLF), and HSBC (LSE:HSBA) are three of my favorite FTSE 100 shares to contemplate right this moment. Want to know why?
3i Group
3i is an funding firm specialising in US non-public fairness. Over the final yr, it’s fallen by nearly a 3rd in worth, which means its share worth is 21% decrease than its web asset worth (NAV) per share.
The agency’s downside proper now’s slowing gross sales at Action, a Dutch low cost retailer. This is by far 3i’s largest holding, so you’ll be able to see the issue. But has the market overreacted? I feel so.
Action’s like-for-like sales progress halved in 2025, to five% from the yr earlier than. They might stay below strain, too, as inflation rises. But the long-term earnings potential right here stays huge, spearheaded by the corporate’s deliberate transfer into the US. I feel it’s value severe consideration at present costs.
Standard Life
Standard Life’s share worth has rocketed 27% over the past 12 months. Yet the monetary companies supplier still affords terrific worth primarily based on anticipated earnings and projected dividends.
Its ahead price-to-earnings (P/E) ratio is 9.7, and its P/E-to-growth (PEG) a number of is properly inside cut price territory of under one (0.3). Meanwhile, its potential dividend yield is 7.8%, presently the second highest on the FTSE 100.
Without doubt, the dangers dealing with Standard Life are rising because the Iran conflict continues. The battle might affect demand for its financial savings and retirement merchandise if customers tighten their belts. However, over an extended time horizon, I feel the funding case stays intact and is value contemplating. In my view, earnings might surge because the UK’s quickly ageing inhabitants supercharges market progress.
HSBC
HSBC shares additionally present loads of bang to your buck. The P/E and PEG ratios for 2026 are ultra-low, at 11.7 and 0.7 respectively. And the dividend yield for this yr is 4.5%, trumping the FTSE 100 common round 3%.
Like any retail financial institution, HSBC faces the specter of poor mortgage progress and rising impairments because the Iran conflict boosts inflation and hits progress. On the plus facet, a probable rise in rates of interest will assist margins, although the general affect might still be detrimental.
But I still suppose HSBC, whose share worth is up 71% over the past yr, might be a superb cut price. Why? Its giant (and rising) give attention to Asia might ship monumental returns, the place wealth and inhabitants ranges are rising quickly over time. I don’t suppose that is mirrored within the financial institution’s rock-bottom valuation.
