Unfortunately, quality value stocks are getting harder and harder to find in this market, as investors become ever more upbeat about the United States’ economic outlook. However, investors are still cautious about Europe’s economic outlook, which makes the European markets a great place to find some value opportunities. Europe: narrowing the focus I’ve screened the markets within Europe for companies with a historic P/E of less than 15 and a price-to-book value of less than 1.5. (Although these criteria are simple, they are still two of Ben Graham’s value criteria and are a good starting point to whittle down the…
Hunting For Value In Europe [Part 1]: Investor Caution Creates Opportunity
Sign up now and get our in-depth FREE e-books on famous investors like Klarman, Dalio, Schloss, Munger Rupert is a committed value investor and regularly writes and invests following the principles set out by Benjamin Graham. He is the editor and co-owner of Hidden Value Stocks, a quarterly investment newsletter aimed at institutional investors. Rupert owns shares in Berkshire Hathaway. Rupert holds qualifications from the Chartered Institute For Securities & Investment and the CFA Society of the UK. Rupert covers everything value investing for ValueWalk