The cheapest six stocks in February
Naked PE exposed
When we introduced the Naked PE to readers of this blog in 2007, its historical record promised amazing predictive power. A £1,000 portfolio of the five lowest Naked PE shares formed in 1975 and rebalanced every year (i.e. sold and reinvested in the new five lowest Naked PE shares) would have been worth [...]
The cheapest six stocks in November
Investing at the extremes.
Here are the companies currently at the top of Dr Keith Anderson’s ‘six of the best’ tables of extremely cheap stocks.
All but one have appeared in previous selections. Johnston Press (JPR) now holds the record. It’s been in the top six a total of six times since we started publishing the [...]
The cheapest six stocks in August
In practice:
Six of the ‘best’
Here are the six cheapest stocks on the market. As Dr Keith Anderson, the inventor of the econometric method for divining them likes to say, they’re six of the best.
They’re not the best companies, they’re the six most unappreciated shares on the market. People may not like them for good [...]
The cheapest six stocks on the market
In practice:
160% in six months ain’t bad
For the first time since February 2007, I’m starting our quarterly exercise in bottom fishing, ‘the cheapest six stocks on the market’, with good, even spectacular, news.
Each quarter Dr Keith Anderson, of the University of York, calculates the cheapest six stocks on the market using the Naked PE [...]
The six cheapest stocks in February
A glimmer of light?
Here are the six cheapest stocks on the market, as of February 10, according to Dr Keith Anderson’s Naked PE ratio.
The Naked PE improves on the predictive power of the plain ordinary PE ratio by using the last eight years of earnings instead of just one to measure a company’s earning power, [...]
The cheapest six stocks in November
Here are the cheapest six stocks in November, as measured by Dr Keith Anderson’s Naked Price Earnings ratio:
As I’ve described many times, this measure boosts the predictive power of the PE by accounting for a company’s long-term profit record, its size, and its business. In other words, companies with low PE ratios do slightly better than companies [...]
The six cheapest stocks in August
Apologies for bringing you August’s list in September. As predicted, holiday and the scramble to meet deadlines either side of it kept me away from the blog.
Here are the cheapest six shares according to Dr Keith Anderson’s Naked PE ratio. As I have explained, his studies show it’s better at picking out undervalued companies than [...]
The six cheapest stocks in May
Dr Keith Anderson picks out the very cheapest stocks on the market using his Naked PE ratio. Meanwhile insiders are buying shares in Johnson Service, which was in our last list.
First, here’s the May list, straight from Dr Keith Anderson’s database:
Just in case you haven’t been following the series so far, here’s a recap:
The [...]
The cheapest six shares on the market #5
Dr Keith Anderson scans the whole market for the cheapest six stocks based on their size, industry and long-term earnings power.
It’s time for Dr Keith Anderson’s quarterly selection of the cheapest six shares on the market.
I’ve explained the maths behind the selection process before*1 but, to summarise, Keith adjusts the price earnings ratio to [...]
Naked PE recognised
Graeme’s included the Naked PE in his Moneyterms glossary. As I’m a big fan of both, I thought I’d mention it
Keith Anderson, inventor of the Naked PE, publishes a list of the cheapest six stocks on the market every quarter here on the Interactive Investor blog. Here’s the most recent update.
