RE: Globe and Mail item re PEThose are posted every Saturday in the globe....
TSX LOWEST 20 P/Es
Price/earnings ratio is a measure investors use to assess stocks. It is calculated by dividing the stock's price by its annual earnings per share from continuing operations. A $50 stock earning $5 a share has a p/e of 10, or is trading at 10 times earnings. Investors can gauge how a stock is being valued by comparing its p/e with those of its peers or the overall market. A low p/e may indicate a good buy, or it may say that the market feels the firm's prospects aren't good.
Company P/E Yield, per cent
HudBay Minerals 5.2 n/a
Algoma Steel 5.5 n/a
Nthn. Orion Resources 6.2 n/a
Ipsco Inc. 6.9 0.7
Kingsway Financial Svs. 7.2 1.3
Norbord Inc. 7.2 4.6
Gerdau AmeriSteel 7.5 0.8
Methanex Corp. 7.9 2.0
Aur Resources 8.2 0.4
Russel Metals 8.8 6.0
Inmet Mining 8.9 0.3
Sino-Forest Corp. 8.9 n/a
Ensign Energy Services 9.0 1.6
Teck Cominco 9.4 2.1
ING Canada 9.7 1.9
Rider Resources 9.7 n/a
First Quantum Minerals 9.9 0.3
Cdn. Natural Resources 10.0 0.5
Calfrac Well Services 10.0 0.4
Linamar Corp. 10.1 1.7