15 Stocks From The S&P 500 With Single P/E Ratios

Stocks from the S&P 500 with P/E’s below 10 originally published at long-term-investments.blogspot.com. It’s too easy to say that stocks with a low price-to-earnings ratio are cheap but the figure tells you a lot about the valuation of a company on the first view. 

Stocks with a low valuation are also rare. For instance, the popular S&P 500 index has only 28 members with a P/E below 10. Around 80 percent of them, in total 23, pay dividends. Current P/E’s are great but it’s always good to look at the forward P/E because it uses the future earnings of the company.

Only 16 companies from the S&P 500 have both, a current P/E and forward P/E of less than 10. If you buy those stocks you purchase them for a net income yield of 10 percent. That’s a good value in my view if the business works robust and grows with a pace of 5 to 10 percent yearly. You can find a full list of the 15 dividend paying stocks with a single P/E below. Insurer and oil & gas refining & marketing companies are mostly represented on the screen.

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