Investor6
Oct 30, 2:21 PM
The Top-5 of low P/Es in Japanese stocks:
1.
$HTCR P/E 0.42. The company is unprofitable, but they have sold a subsidiary.
2.
$LGPS P/E 2.95. The P/E here is tricky, because LGPS is heavily indebted with 9 times higher EV than the market cap. But it is profitable and declares a dividend.
3.
$TOYO P/E 4.26, without other remarks. Low debt also. The market evaluates this stock for a long time at so low metrics, because of geopolitical risks and solar pessimism.
4.
$LRE P/E 4.36. Case like LGPS, very high debt and high EV make P/E metric not so useful.
5.
$MWC P/E 8.11. Very low P/E for a state-of-the-art tech stock, but in a few days expires the lock up period, so the market is cautious about any mass sells by the insiders.
