. FTSE 100 Until now, he enjoyed a solid run in 2025, and the sentiment of investors is raised by softening inflation and the prospect of lower interest rates. But despite the wider rally, the pockets of values ​​still hide. Some shares still trade modest valuations, even if their finances and share prices show signs of recovery.

Focusing on classic valuation indicators, such as profit price indicator (P/E), price indicator for sale (P/s) and profit growth rate (PEG), investors can identify high -quality companies trading below their perceived value.

Here are two inexpensive FTSE 100 actions, which in my opinion, investors should consider when we go to the second half of 2025.

BT group

As the largest British telecommunications company, BT group (LSE: BT.A) does not require introduction. For almost 180 years, he provides analog and digital communication services throughout the country. After a long period of worse results, the shares returned in 2025, increasing this year by 34% to about 190 pence, which would enhance the market company to 18.78 billion GBP.

However, despite the rally, the actions still look inexpensive. The P/E indicator is 17.9, while the PEG indicator is only 0.7, which suggests that the enhance in profits may be underestimated by the market. Meanwhile, the p/s indicator of 0.94 means that investors pay less than 1 GBP for every 1 GBP revenues – encouraging a sign for people looking for values.

BT also turns out to be attractive for income investors, with a dividend profitability of 4.2% and a sustainable payout rate of 75.7%. The company is operationally on a solid land, publishing an operating margin of 16.3% and a refund from capital (REE) 8.3%.

Despite this, investors should not ignore the risk. His debt ratio to Equity (d/e) is a high 1.81, which leaves BT exposed to rising financing costs. There are also challenges on the part of regulatory price control and huge investment outlays required for full broadband fiber. These factors may limit how many values ​​of the shareholder can return in the near future.

Despite this, for investors with a value, I think it is currently one of the most promising supplies on Foot.

Centric

Centric (LSE: CNA), British GAS, operating in the field of energy, trade and storage. The shares increased by 13% in 2025, currently celebrating 165 pence, with a market capital of 7.8 billion pounds. Unlike many peers, Centrica emerged from the energy crisis with slimmer operations and sharper focus on profitability.

In terms of valuation, shares seem undeniably inexpensive. The p/e coefficient is only 6.67, the p/s 0.42 indicator, and the cash flow rate at the price is 7.37. These numbers suggest that the market must still fully value the improved base of Centrica.

It also has an excellent operational margin of 28.3% and an excellent ROE of 32.1%. The dividend gives a modest at 2.7%, but the payment rate is only 17.8%, leaving a significant place for future increases. The debt is also well controlled, with the d/E 0.78 coefficient.

As always, the risk remains. Centrica is exposed to unstable energy markets, political control over prices and transition to renewable energy, which may require gigantic -scale investment in the coming years.

In general, I think that both actions are currently underestimated, with a good chance of ending this year.