May 8, 2011 | In: Lists

Top 100 Stocks With the Lowest P/E

After posting yesterday the top 100 most expensive stocks, I have thought that a logical follow-up post would be a list of the top 100 stocks with the lowest P/E. Only the NYSE and the NASDAQ exchanges are analyzed..

Now you may ask, what is the this usefulness of this list? To some investors, it is worthless. To others, I think it might be very interesting. Imagine buying the stock of a company that is trading at a P/E of less than 1 (do such companies exist? Well read the list below!). It will take this company less than a year to pay back all the investors and go private again, it will also make the company a target for an acquisition by a bigger player in the same industry. I don’t know about you but I think this would be a very interesting stock to own and to make money of on the short term!

Anyway, here’s the list:

Rank Symbol Stock Name (Company) Price P/E
1 BRK-B Berkshire Hathaway 80.21 0.01
2 IIJI Internet Initiative Japan Inc. 7.95 0.03
3 JTX Jackson Hewitt Tax Service 0.185 0.39
4 NCT Newcastle Investment Corp. 5.80 0.52
5 GRH GreenHunter Energy, Inc. 0.87 0.99
6 GIGA Giga-tronics, Incorporated 2.6501 1.00
7 ABR Arbor Realty Trust, Inc. 5.12 1.14
8 PT Portugal Telecom 12.06 1.32
9 C Citigroup, Inc. C 4.52 1.45
10 LEE Lee Enterprises 1.10 1.60
11 RAS RAIT Financial Trust 2.20 1.99
12 MAXY Maxygen, Inc. 5.10 2.22
13 TKF Turkish Investment Fund Inc. 17.07 2.41
14 FMFC First M & F Corporation 4.10 2.46
15 REV Revlon, Inc. 16.15 2.52
16 XRTX Xyratex Ltd. 9.83 2.57
17 HIX Western Asset 10.29 2.57
18 IMH Impac Mortgage Holdings 3.35 2.74
19 AIG American International Group 30.70 2.75
20 MAY Malaysia Fund, Inc. 11.18 2.76
21 CIL China Intelligent 2.12 2.77
22 WRLS Telular Corporation 6.70 2.79
23 TRMS Trimeris, Inc. 2.46 2.79
24 GMK Gruma S.A.B. de C.V. 7.56 2.79
25 TTF Thai Fund, Inc. 13.29 2.81
26 MXE Mexico Equity and Income Fund 11.25 2.86
27 ACAS American Capital Ltd. 10.31 2.90
28 APB Asia Pacific Fund 12.4457 2.96
29 ABAT Advanced Battery 1.46 3.02
30 MXF Mexico Fund, Inc. 27.12 3.04
31 TCCO Technical Communications 9.6001 3.05
32 SMTX SMTC Corporation 1.96 3.19
33 THC Tenet Healthcare 6.53 3.22
34 TRIB Trinity Biotech p 9.40 3.28
35 HTD John Hancock Tax 16.24 3.34
36 CH Aberdeen Chile Fu 22.05 3.35
37 SSCC Smurfit-Stone Con 38.02 3.40
38 VALU Value Line, Inc. 13.33 3.52
39 IMOS ChipMOS TECHNOLOGIES 8.39 3.53
40 IIF Morgan Stanley India 22.55 3.61
41 SOL ReneSola Ltd. 8.31 3.62
42 ZOOM Zoom Technologies 3.54 3.67
43 CASH Meta Financial Group 14.00 3.67
44 RIT LMP Real Estate Fund 10.55 3.76
45 CNET ChinaNet Online 3.0198 3.79
46 ENZN Enzon Pharmaceuticals 11.57 3.80
47 PCN PIMCO Corporate Income Fund 17.27 3.81
48 OMN OMNOVA Solutions Inc. 8.68 3.82
49 RQI Cohen & Steers Quality Income 9.91 3.83
50 MFW M & F Worldwide Corp. 23.51 3.86
51 GGT Gabelli Global Multimedia Trust 7.91 3.86
52 SGF Singapore Fund, Inc. 14.35 3.87
53 RVT Royce Value Trust 15.18 3.89
54 RMT Royce Micro-Cap Trust 9.92 3.93
55 TYG Tortoise Energy Infrastructure 38.40 3.97
56 DSU BlackRock Debt Strategies 4.29 4.00
57 FFC Flaherty & Crumrine Preferred 18.10 4.10
58 FLC Flaherty & Crumrine TR 18.82 4.10
59 NAVR Navarre Corporation 1.83 4.13
60 HYV BlackRock Corporate High Yield 12.25 4.16
61 RNP Cohen & Steers REIT/Pfd 15.83 4.16
62 MHI Pioneer Municipal High Income 13.59 4.17
63 DROOY DRDGOLD Limited 5.20 4.17
64 EDS Exceed Company Ltd. 6.81 4.18
65 CHN China Fund, Inc. 31.67 4.19
66 BSD Blackrock Strategic Municipal 12.16 4.21
67 IFN India Fund, Inc. 30.01 4.22
68 MHD BlackRock MuniHoldings 14.7611 4.23
69 PFO Flaherty & Crumrine 10.79 4.25
70 DCS Claymore Dividend 17.20 4.31
71 MBND Multiband Corporation 3.93 4.32
72 HYT BlackRock Corporate High Yield 11.92 4.33
73 PTY PIMCO Corporate Opportunity 20.05 4.33
74 HIS Blackrock High Income 2.25 4.34
75 LPHI Life Partners Holdings 6.82 4.38
76 BTM Brasil Telecom SA 28.20 4.39
77 TRF Templeton Russia 21.78 4.39
78 DCA DCA Total Return 3.93 4.40
79 AVK Advent Claymore 19.21 4.51
80 SSP E.W. Scripps Company 9.25 4.55
81 GAB Gabelli Equity Trust 6.12 4.57
82 SOR Source Capital, Inc. 57.55 4.57
83 BG Bunge Limited 72.62 4.59
84 BBK BlackRock Municipal Bond 14.1599 4.59
85 RBCAA Republic Bancorp 19.70 4.60
86 TICC TICC Capital Corp 10.73 4.60
87 LUK Leucadia National 36.29 4.61
88 HSM Helios Strategic 6.42 4.61
89 MZF Managed Duration 13.52 4.64
90 KTCC Key Tronic Corporation 4.63 4.67
91 BKK Blackrock Municipal 2020 15.0362 4.68
92 BHK BlackRock Core Bond Trust 12.46 4.71
93 CIK Credit Suisse AM 3.76 4.73
94 LAQ Aberdeen Latin America Equity 37.70 4.73
95 BHY BlackRock High Yield Trust 6.84 4.75
96 BTF Boulder Total Return 16.593 4.79
97 XAA American Municipal Income 12.9305 4.84
98 ZNH China Southern Airlines 27.16 4.85
99 TEI Templeton Emerging Markets 17.41 4.86
100 JTP Nuveen Quality 7.79 4.86

The stock with the lowest P/E ever is BRK-B, with a P/E of 0.01, and and an EPS of $7,935.55. Technically, Berkshire Hathaway could buy back this stock with the earnings of 4 days! Not sure what the story of this stock is, or why is it listed in the first place. Note: A kind reader explained the story behind BRK-B. Please read the comments below.

Take a look at C at number 9. According to Yahoo finance, C is trading at 1.45 P/E. According to Google finance, C is trading at 14.57 P/E. I think the inconsistency between the two numbers is because of the 1:10 reverse split that is taking place tomorrow.

A couple of notes on the list above:

– Most of the stocks are fund stocks
– The data for the list above is gathered from Yahoo Finance. Google finance reports some of the stocks above as having higher P/E.

4 Responses to Top 100 Stocks With the Lowest P/E

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Jimmy

May 10th, 2011 at 2:31 am

Brk-B (Berkshire B shares) does NOT have a PE of 0.01. Be cause is a split of the A shares, you cannot simply apply the EPS of the A shares on it.

Got to be careful with this type of interpretation. This is a very fundamental error in your understanding of publicly available figures.

Even if you interpret the numbers incorrectly, surely anyone with basis common sense will know that “Berkshire Hathaway could buy back this stock with the earnings of 4 days!” is not possible. Certainly not with a reputable company with good market cap that has not recently announced some Lehman type disaster.

As they often say, markets are not always efficient. But they certainly aren’t that stupid.

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Fadi El-Eter

May 10th, 2011 at 3:05 am

Hi,

As mentioned in the post, I said I was not sure what the story behind the stock is, both Google Finance (see: http://www.google.com/finance?q=NYSE:BRK.B ) and Yahoo Finance ( http://finance.yahoo.com/q?s=BRK-B&ql=1 ) list the EPS of this stock as 0.01, so they both apply (mistakenly) the EPS of the A series on it. I knew there was a catch and I was hoping that someone could correct this. Thanks for explaining.

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