Where to hunt for cheap Bursa packaging stocks

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When screening for stocks, I some times do a scattergram of the PE and PBV. I then look for those with both low values for both.

There are about 20 odd Bursa companies under the packaging sector. The PE: PBV scattergram of them as of Sep 2023 is shown in the chart below. Note that I have excluded those whose PE < negative 20 for the purpose of this chart

[Image: Packaging-PE-PBV.png]

You can see that there are 2 companies as circled in red that have the lowest PE : PBV values. They are KYM and PPHB

Note that a cheap stock does not necessarily mean a good investment ie one that can enable you to make money. As a value investor, I use these in conjunction with some other fundamental metric eg ROE to narrow the screen.

In my ROE screens, I not only look at the historical ROE but also compare them to my reference – New Toyo and Canone – where I have detailed analysis.
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