Stocks with low p/e and low p/b

Screening Filters & Rationale

1. Market Cap >= $2 billion:

   • Purpose: Focus on mid-to-large-cap stocks for stability and reduced risk.
   • Rationale: Larger companies are generally more established and less volatile, aligning with conservative investment goals.

2. Weekly Average Turnover >= $1 million:

   • Purpose: Ensure sufficient liquidity for ease of buying and selling.
   • Rationale: High turnover indicates active trading, reducing the risk of illiquidity.

3. P/E Ratio <= 10:

   • Purpose: Identify undervalued stocks based on earnings.
   • Rationale: A low P/E suggests the stock may be undervalued relative to its earnings, offering potential for growth.

4. P/B Ratio <= 1.1:

   • Purpose: Target stocks trading near or below their book value.
   • Rationale: A low P/B ratio indicates the stock may be undervalued relative to its assets, reducing downside risk.

5. Return on Equity >= 15%:

   • Purpose: Focus on companies with strong profitability.
   • Rationale: High ROE reflects efficient use of equity to generate returns, indicating strong financial performance.