33 ETFs with P/Es Below 10

By: ETFdb
The Price-to-Earnings (P/E) ratio is one of the most popular valuation metrics in the investing world. It is calculated by dividing a security’s current price by its earnings. As a general rule, a P/E of around 15 for broad stocks is the norm, though that figure can vary greatly by industry and depending on market conditions. Many investors look to identify ETFs with P/E ratios below the industry norm, as those funds can be deemed “undervalued” relative to the market. It is a strategy that has been used for quite some time and remains one of the must frequently quoted fundamental metrics. Currently, the SPDR S&P 500 ETF has a P/E ratio of 15.24, setting the mark for a “standard” measure for other ETFs. We found 33 ETFs that not only have P/Es lower than that of SPY, but their price-to-earning multiples fall below 10: ETF P/E Ratio Assets YTD […] Click here to read the original article on ETFdb.com. Related Posts: ETF Scorecard – May 2nd Edition Unit Investment Trusts (UIT): An Introduction A Simple Buy and Sell Indicator for Long-Term ETF Investors ETF Scorecard – April 25th Edition ETF Scorecard – April 18th Edition
The Price-to-Earnings (P/E) ratio is one of the most popular valuation metrics in the investing world. It is calculated by dividing a security’s current price by its earnings. As a general rule, a P/E of around 15 for broad stocks is the norm, though that figure can vary greatly by industry and depending on market conditions. Many investors look to identify ETFs with P/E ratios below the industry norm, as those funds can be deemed “undervalued” relative to the market. It is a strategy that has been used for quite some time and remains one of the must frequently quoted fundamental metrics. Currently, the SPDR S&P 500 ETF has a P/E ratio of 15.24, setting the mark for a “standard” measure for other ETFs. We found 33 ETFs that not only have P/Es lower than that of SPY, but their price-to-earning multiples fall below 10: ETF P/E Ratio Assets YTD […]

Click here to read the original article on ETFdb.com.

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