The Standard & Poor’s 500 is currently trading at a Shiller price-earnings ratio of 36.22. While this is not quite at the historic high of 44 from 1999-2000, it is definitely above the 7 or 8 from the early 1980s. The valuation of the stock markets during this period is well above average.

Still, it is possible to identify and value stocks with a price-to-earnings ratio of less than 10. That is, companies with a P/E ratio that is much, much lower than the overall market. Some are struggling, of course, and others are simply ignored as analysts conclude that there are better opportunities for earnings growth elsewhere.

These stocks are only intended for lateral thinkers who are looking for a chance to increase their value despite their relative unpopularity.

4 stocks with low price-earnings ratios.

CNX Resources (NYSE: CNX) is an oil and gas exploration company focused on the development and production of ultra-low carbon natural gas. Headquartered in Canonsburg, Pennsylvania, CNX has been in business for 160 years.

The market capitalization is $4.18 billion. The stock is trading at a 2% discount to book value, and the price-to-earnings ratio is 9.47. Earnings are down 10.53% this year, but up 19.28% over the past 5 years. The debt-to-equity ratio is 0.57. The company does not pay a dividend.

The daily price chart looks like this:

Everest Group (NYSE: EG) is a Bermuda-based property and casualty insurance company with customers in more than 115 countries on six continents. The company manages $29 billion in assets and provides underwriting, capital and risk management services. Its market capitalization is $16.85 billion.

This year’s earnings are down 7.12%. The EPS growth over the past 5 years is 94.32%. The price-to-earnings ratio is 5.75 and the stock is trading at 1.16 times book value. The debt-to-equity ratio is 0.24. The average daily volume is relatively low for a security listed on the NYSE, with 287,000 shares. Everest Group offers investors a dividend of 1.76%.

The daily price chart can be found here:

Opera Ltd ADR (NASDAQ: OPRA) is a Norwegian Internet content and information company based in Oslo that has been in existence since 1995. The company claims its browsers provide “private, secure and efficient browsing” for desktop and mobile devices. Profits are down 54% this year and up 37% over the past five years.

The market capitalization is $1.41 billion. The price-earnings ratio is currently 8.00, which corresponds to a price of 1.53. The debt-to-equity ratio is 0.01. Analysts at B. Riley rate Opera as a “buy” with a price target of $22 to $24. Opera pays a dividend of 5.02%.

Here is the daily price chart:

Petroleo Brasileiro ADR (NYSE: PBR) is based in Brazil and operates in the energy sector, including natural gas and oil. The company’s exploration and development is focused on the country’s basins where Petrobras (as it is called) has years of experience.

The market capitalization is $58.24 billion. The stock trades at a price-earnings ratio of 6.35 and 1.50 times book value. Earnings this year are down 25%, but have risen 28% over the past five years. The debt-to-equity ratio is 0.89. Petrobras pays a dividend of 9.83%.

Statistics courtesy of FinViz.com. Charts courtesy of Stockcharts.com.

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