Following is the list of stocks having a P/E less than 3.5. For people who don’t know what P/E is about I recommend them to read our Beginners Guide.

But at the same time it should be remembered that P/E is not only a single factor that should be checked or considered while purchasing a stock, there are other factors invloved too such as the YoY profits of the company, EPS, etc..

Following is the list of 50 Stocks and their P/E as on 24th December 2008:

1 Teledata Info P/E 0.57

2 Orient Press P/E 0.59

3 IFB Industries P/E  0.61

4 DCM Financial P/E 0.63

5 Computech Inter P/E 0.66

6 Shri Lakshmi Co P/E 0.68

7 Rohit Ferro Tec P/E 0.69

8 GKW P/E 0.74

9 Arihant Found P/E 0.75

10 Amtek India P/E 0.78

11 Standard Ind P/E  0.80

12 Aftek P/E 0.83

13 Dhanus Tech P/E 0.87

14 Ramsarup IndP/E  0.91

15 Rane MadrasP/E  0.95

16 Motor and Gen F P/E 0.98

17 FCS Software P/E 1.07

18 Satvahana Ispat P/E 1.14

19 JK LakshmiCemenP/E  1.14

20 Salora Inter P/E 1.14

21 Vakrangee P/E 1.15

22 Bharat Gears P/E 1.16

23 Ansal Housing P/E 1.22

24 Nahar Capital P/E 1.24

25 Phillips Carbon P/E 1.25

26 Helios and Mat P/E 1.25

27 Tata Sponge Iro P/E 1.25

28 Mangalam Cement P/E 1.28

29 JBM Auto Comp P/E 1.31

30 Shreyans Ind P/E 1.31

31 National Steel P/E  1.32

32 Impex FerroTech P/E 1.34

33 Prajay Engineer P/E 1.35

34 Mysore Cement P/E 1.35

35 Agro Dutch Ind P/E 1.38

36 Sree Rayalaseem P/E 1.41

37 Asian Granito P/E 1.41

38 Jindal Saw P/E 1.41

39 Oswal ChemandFe P/E  1.46

40 Bihar Caustic P/E 1.46

41 Jayaswal Neco P/E 1.47

42 IVR Prime P/E 1.47

43 Nilkamal P/E 1.49

44 Chennai Petro P/E  1.49

45 Kolte-PatilP/E  1.49

46 Goa Carbon P/E 1.50

47 BharatiShipyard P/E 1.51

48 Godawari Power P/E  1.53

49 Surya Pharma P/E 1.53

50 Guj Alkali P/E 1.53

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