12 ETFs with a low P/E Ratio



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If you're looking for a starting point for some ETF investment research, you MAY find some value to this list.

A low Price/Earnings ratio might mean a value stock or a value trap. Due dilligence is required before investing in any of the ETFs mentioned in this article.

At the bottom of the page, you will find a table with 12 ETFs that currently - as of Dec 2010 - are trading at a low PE multiple.

At a glance, you can see that most of them are trouble markets or new and unsure markets. We can see a number of European bank ETFS, some emerging markets and frontier markets and some tougher, older telecom stocks. Keep in mind that these ratios may not be accurate. They were gleaned from a click screen.

These ETFs might be a good launching point for further investigation. As a contrarian investor, I find there to be some nice looking opportunities here that warrant further research.

ETFs with low PE Ratios

Fund Name Symbol ETF Category  Fund Family Avg P/E Ratio avg P/S  Price/ Cashflow Price/ Book
------ ERUS European Stocks iShares 7.47 1.14 4.3 1
SPDR S&P Russia RBL European Stocks State Street Global Advisors 7.55 0.62 7.13 0.77
Global X/InterBolsa FTSE Colombia 20 ETF GXG Latin American Stocks Global X Funds 7.82 2.33 16.88 1.58
IQ South Korea Small Cap ETF SKOR Pacific/Asia exc Japan Stocks IndexIQ 7.86 0.36 2.64 1.26
Market Vectors Russia ETF RSX European Stocks Van Eck 8.45 0.71 5.21 0.84
SPDR S&P International Telecom Sector IST Communications ETF State Street Global Advisors 9.09 0.75 2.61 1.37
iShares MSCI Spain Index EWP European Stocks iShares 9.12 0.74 2.48 0.95
iShares MSCI Switzerland Index EWL European Stocks iShares 9.55 2.06 8.13 2.09
iShares Dow Jones US Insurance IAK Financials iShares 9.64 0.84 5.21 0.91
WisdomTree Emerging Markets SmallCap Div DGS Emerging Markets WisdomTree 9.71 0.59 4.37 1.58
SPDR STOXX Europe 50 FEU European Stocks State Street Global Advisors 9.77 1.03 4.62 1.46
Europe 2001 HOLDRs EKH European Stocks Merrill Lynch 9.93 1.32 7.15 2.12
iShares MSCI Europe Financials Index EUFN Financials iShares 9.99 0.61 2.48 0.83