Powayseller, even value and P/E are hardly synonmous…
But if you insist on P/E, perhaps you should look at PCU(Souther Copper) their P/E is 8 and they pay $11 per share dividend(12%)..
BUT WAIT! before you buy.. you should probably read the news.. there youll find that the peruvian goverment is about to or is having elections and that one of the candidates has promised to de-privatize the copper industry in that country, which will or could completely whipe out PCU…
So their P/E says more about the stocks past than future…
Just an illustration.. trying to play P/E devils advocate.
