S&P 100 P/E Ratios: How Low Can They Go?

Below we highlight stocks in the S&P 100 (what once were considered blue chips) with the lowest estimated P/E ratios based on earnings expectations for the next four quarters.  Even if earnings came in it at half of expectations for these companies, their valuations would still be attractive in a normal market environment.  But because there is so much uncertainty about the future of these stocks and the US economy as a whole, investors aren't taking any chances. 

While some of these companies might not make it, there are no doubt some great bargains in the stocks that do make it through these tough times.

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Comments

[Jackson Cash:]

They can go all the way to 0.

2008 Nov 20 05:36 PM

[eternitus:]

Yes... it appears the only good investments remaining of livestock. We will need to be able to eat when we return to the stone age.

2008 Nov 20 07:30 PM

[CC from Sea...:]

I've been in the stock market every day since 1967 and wouldn't consider getting out. This is tough but I'm exchanging stocks now for the way underpriced blue chips...two gains...dividends and upside opportunity.
Americans go to work and if the government in their flaming ignorance will stay out of it the recovery will happen sooner rather than later.

If you're looking at stocks, look at eps, yield, cash reserves, institutional holdings, date of origin of company and whether you see them advertising...that's always a sign of success ... companies in trouble drop their ad costs.

2008 Nov 20 09:01 PM