low price shares - Screener (2024)

FAQs

How to find cheap share? ›

Use the P/E ratio to find potentially undervalued stocks

To evaluate a stock's value, investors will often divide the current price of one of its shares by its annual earnings per share. The resulting number is called the price-earnings ratio, or P/E ratio. The lower the P/E, the cheaper the company is.

52-week low stocks are determined by identifying the lowest closing price of a particular stock over the previous 52-week period. Investors can manually review historical data or use stock market analysis tools and platforms to obtain this information automatically.

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The value of the stock is cheap if it is trading at a low historical price to earnings multiple, but has a high or a rising return on equity. This means that the company is generating profits but the share price is beaten down.

Price-to-Book (P/B) Ratio: If the P/B ratio is lower than 1, it suggests the stock is trading below its book value, potentially indicating undervaluation. Return on Equity (ROE) and Return on Capital Employed (ROCE): High ROE and ROCE values combined with a low P/B ratio can signal an undervalued stock.

Which good stocks are at 52 week low? ›

Investing in 52-week low stocks can present a possibility to buy truthful companies at a discounted price, probably leading to significant profits whilst the market rises. The 52-week low stock can also be seen as an exit point for the current position. This could lead to further declines.

According to our research, Trade Ideas is the best overall stock screener for traders and investors due to its AI functionality, customizable screens, and integration with several popular brokerage platforms.

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The most inexpensive way to purchase company shares is through a discount broker. A discount broker provides little financial advice, while the more expensive full-service broker provides comprehensive services like advice on stock selections and financial planning.