16 Stocks with the Lowest PE Ratio

16 Stocks with the Lowest PE Ratio

In this text, we are going to check out the 16 shares with the lowest PE ratios. You can skip this half and go to five Stocks with the Lowest PE Ratio.The inventory market crash of 2022 considerably depressed US equities’ valuations. In this backdrop, many imagine now could be the proper time to purchase shares for long-term advantages. But is investing this easy? Should everybody purchase when the market is low and promote when the market is peaking? David Kostin, the Chief US Equity Strategist at Goldman Sachs, was requested whether or not he thinks that development shares with depressed valuations at present are actually undervalued.  The analyst stated that development corporations that aren’t worthwhile can’t be merely labeled as undervalued simply due to their low valuations at present.“While the unprofitable section traded at roughly 12x enterprise worth to gross sales at the finish of 2021, they’ve since de-rated by roughly 75% and now commerce round 3x. But they are not essentially undervalued as a result of they’re nonetheless unprofitable in an setting wherein charges are rising.”The analyst stated that the rising rate of interest setting has made issues extraordinarily tough for damaging money circulate corporations as a result of they depend upon credit score for his or her development and investments and the present financial setting isn’t of their favor since the Federal Reserve is rising the value of credit score.Talking about development shares that are worthwhile, Kostin stated:“On the different hand, the valuations of the extremely worthwhile bucket of Growth corporations has been minimize in half from round 12x to 6x enterprise worth to gross sales. While these shares are buffered by income, the path to their potential re-valuation isn’t clear at this level as a result of increased fairness valuations would run counter to the Fed’s aim of tightening monetary circumstances and slowing the economic system. But these shares are nonetheless most likely nearer to truthful worth than a few of the money-losing shares, and it is attainable that indicators that both inflation is decelerating extra sustainably or the Fed tightening cycle is beginning to gradual may see them transfer increased.”Story continuesKostin was then requested if he thinks buyers ought to pile into worthwhile high-growth corporations. The analyst stated that there’s an opportunity these worthwhile corporations will see an appreciation of their valuation however that will additionally depend upon how these corporations carry out when it comes to earnings.Kostin thinks buyers ought to concentrate on corporations which have a margin of security. Kostin quantifies this oft-repeated time period. He thinks margin of security means an organization’s valuation would look enticing even when its earnings fall by 20%.Photo by Adam Nowakowski on Unsplash Our MethodologyFor this text we used inventory screeners and picked the prime 16 shares with the lowest PE ratios as of January 16. These shares are buying and selling on US inventory exchanges. The listing is ranked in descending order of PE ratios.Stocks with the Lowest PE Ratio16. Insignia Systems, Inc. (NASDAQ:ISIG)P/E Ratio: 1.44Number of hedge fund holders: 1Insignia Systems, Inc. (NASDAQ:ISIG) is a retail advertising and CPG adverts firm. During the third quarter of 2022, Insignia Systems, Inc. (NASDAQ:ISIG)’s web gross sales jumped 39.4% to $4,869,000, in comparison with $3,493,000 in Q3 2021. Insignia Systems, Inc. (NASDAQ:ISIG) stated this development got here due to a rise in non-POPS income.Ryan Tolkin (Cio)’s Schonfeld Strategic Advisors has a $199,000 stake in Insignia Systems, Inc. (NASDAQ:ISIG) as of the finish of the third quarter.15. Canaan Inc. (NASDAQ:CAN)P/E Ratio: 1.41Number of hedge fund holders: 9China-based pc {hardware} firm Canaan Inc. (NASDAQ:CAN) is one among the shares with the lowest PE ratios as of January 16. In November, Canaan Inc. (NASDAQ:CAN) posted its Q3 outcomes.  Canaan Inc. (NASDAQ:CAN)’s income in the interval got here in at $137.5 million, lacking estimates by $7.76 million. Canaan Inc. (NASDAQ:CAN) stated that for the final quarter of 2022, it expects complete web revenues to be about $43.6 million.14. Lightning eMotors, Inc. (NYSE:ZEV)P/E Ratio: 1.29Number of hedge fund holders: 12Lightning eMotors, Inc. (NYSE:ZEV) is a Colorado-based firm. Lightning eMotors, Inc. (NYSE:ZEV) ranks 14th in our listing of the prime 16 shares with the lowest PE ratios. Lightning eMotors, Inc. (NYSE:ZEV) makes and sells zero-emission industrial fleet automobiles. Earlier this month, Lightning eMotors, Inc. (NYSE:ZEV) stated that it expects its This fall income to come back in at about $4 million on gross sales of 31 automobiles and powertrain models. This was a lot decrease than estimates. Lightning eMotors, Inc. (NYSE:ZEV) stated that offer chain points and rising rates of interest dented its outcomes. Nikola’s Romeo Power Systems unexpectedly ended its long-term provide settlement with Lightning emotors.As of the finish of the third quarter, 12 hedge funds had stakes in Lightning eMotors, Inc. (NYSE:ZEV). The complete worth of those stakes was about $2.5 million.13. Chimerix, Inc. (NASDAQ:CMRX)P/E Ratio: 1.18Number of hedge fund holders: 14Chimerix, Inc. (NASDAQ:CMRX) is working to develop most cancers therapies. In December, Chimerix, Inc. (NASDAQ:CMRX) introduced to chop about 25% of its workforce to focus its sources on its oncology pipeline and different improvement. Chimerix, Inc. (NASDAQ:CMRX) stated that the workforce discount was because of the close to completion of transitioning rights to its oral smallpox antiviral Tembexa (brincidofovir) to Emergent BioSolutions (EBS).As of the finish of the third quarter, 14 hedge funds tracked by Insider Monkey reported having stakes in Chimerix, Inc. (NASDAQ:CMRX). The complete worth of those stakes was about $40 million. The greatest stakeholder of Chimerix, Inc. (NASDAQ:CMRX) was David Rosen’s Rubric Capital Management with a $13 million stake.12. Corebridge Financial, Inc. (NYSE:CRBG)P/E Ratio:  1.13Number of hedge fund holders: 30Corebridge Financial, Inc. (NYSE:CRBG) is a monetary providers firm. Financial providers large AIG spun off Corebridge Financial, Inc. (NYSE:CRBG) as a separate entity final 12 months. In November, Corebridge Financial, Inc. (NYSE:CRBG) declared a quarterly dividend of $0.23/share. Forward dividend yield at the time got here in at 4.23%.Corebridge Financial, Inc. (NYSE:CRBG) was one among the greatest IPO shares of 2022. Hedge funds have been fast to pile into this inventory. As of the finish of the third quarter, 30 funds out of the 920 hedge funds tracked by Insider Monkey reported having stakes in Corebridge Financial, Inc. (NYSE:CRBG). The complete worth of those stakes was $750 million.11. Seadrill Limited (NYSE:SDRL)P/E Ratio: 1.06Number of hedge fund holders: N/ADeepwater drilling firm Seadrill Limited (NYSE:SDRL) ranks eleventh in our listing of the prime 16 shares with the lowest PE ratios. In November, Seadrill Limited (NYSE:SDRL) posted sturdy Q3 outcomes. Its income in the quarter jumped 21.2% Y/Y. However, Seadrill Limited (NYSE:SDRL)’s adjusted EBITDA margins fell.10. Transcontinental Realty Investors, Inc. (NYSE:TCI)P/E Ratio: 1.01Number of hedge fund holders: 1Transcontinental Realty Investors, Inc. (NYSE:TCI), which is owned by American Realty Investors, is an actual property funding firm.  In the third quarter, Transcontinental Realty Investors, Inc. (NYSE:TCI)’s EPS got here in at $43.79. Revenue in the quarter fell 17% on a year-over-year foundation to succeed in $8.32 million.As of the finish of the September quarter, Israel (*16*)’s Millennium Management had a $961,000 stake in Transcontinental Realty Investors, Inc. (NYSE:TCI). It was the solely hedge fund in our database having stakes in Transcontinental Realty Investors, Inc. (NYSE:TCI).9. City Office REIT, Inc. (NYSE:CIO) P/E Ratio: 0.91Number of hedge fund holders: 11City Office REIT, Inc. (NYSE:CIO) is a Canada-based REIT. So far in 2023, City Office REIT, Inc. (NYSE:CIO) has gained about 10% in worth. However, it’s nonetheless one among the shares with the lowest PE ratios. In December, City Office REIT, Inc. (NYSE:CIO) declared a $0.20/share quarterly dividend, in line with earlier. Forward dividend yield at the time got here in at 8.77%.As of the finish of the third quarter, 11 hedge funds had stakes in City Office REIT, Inc. (NYSE:CIO). The complete worth of those stakes was $38 million.8. Vacasa, Inc. (NASDAQ:VCSA)P/E Ratio: 0.84Number of hedge fund holders: 17Vacation rental firm Vacasa, Inc. (NASDAQ:VCSA) is one among the notable shares with the lowest PE ratios. In December, Goldman Sachs added Vacasa, Inc. (NASDAQ:VCSA) in its listing of shares most uncovered to the web, gaming and leisure themes for 2023. The agency named Vacasa, Inc. (NASDAQ:VCSA) alongside with main gamers in the on-line journey area together with Booking and Airbnb.As of the finish of the third quarter, 17 hedge funds tracked by Insider Monkey reported having stakes in Vacasa, Inc. (NASDAQ:VCSA). The complete worth of those stakes was about $304 million. The greatest stakeholder of Vacasa, Inc. (NASDAQ:VCSA) amongst these funds was Jim Davidson, Dave Roux and Glenn Hutchins’ Silver Lake Partners, with a $192 million stake.7. Baudax Bio, Inc. (NASDAQ:BXRX)P/E Ratio: 0.76Number of hedge fund holders: 3Baudax Bio, Inc. (NASDAQ:BXRX) is a pharmaceutical firm that’s at present beneath stress after it introduced in December that it has eradicated its industrial personnel for its first industrial product, ache drug Anjeso (IV meloxicam). Baudax Bio, Inc. (NASDAQ:BXRX) stated that the discontinuation of sale of Anjeso was acknowledged by FDA by way of itemizing in the Orange Book. Baudax Bio, Inc. (NASDAQ:BXRX) additionally stated that it’s evaluating various approaches to monetize Anjeso in the U.S. and outdoors the U.S.As of the finish of the third quarter, 3 funds had stakes in Baudax Bio, Inc. (NASDAQ:BXRX). The complete worth of those stakes was  $173,000.6. Vyant Bio, Inc. (NASDAQ:VYNT)P/E Ratio: 0.75Number of hedge fund holders: N/AVyant Bio, Inc. (NASDAQ:VYNT) is a biotech firm that’s creating therapies to deal with neurodevelopmental and neurodegenerative illnesses. Vyant Bio, Inc. (NASDAQ:VYNT) ranks sixth in our listing of 16 shares with the lowest PE ratio. Earlier this month, Vyant Bio, Inc. (NASDAQ:VYNT) skyrocketed after it introduced it had engaged boutique funding financial institution LifeSci Capital to discover strategic alternate options for Vyant Bio, Inc. (NASDAQ:VYNT).Vyant Bio, Inc. (NASDAQ:VYNT)’s administration stated in an announcement that it believes it could be “prudent” to interact in strategic alternate options whereas executing the present marketing strategy. Click to proceed studying and see 5 Stocks with the Lowest PE Ratio. Suggested articles:Disclosure: None. 16 shares with the lowest PE ratio is initially printed on Insider Monkey.

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