On a day when the Nikkei 225 rebounded, this technical feature highlights 47 stocks with low P/E and P/B ratios selected from among those maintaining the market's upward trend.
This feature reports that, among stocks in the Prime Market whose 25-day, 75-day and 200-day moving averages are all rising, 208 were judged to be continuing their upward trend based on closing prices on 13 November. The Nikkei 225 closed at ¥61,142, up from the previous day, while the overall market moved amid developments in AI- and semiconductor-related stocks.
From these stocks, 47 were selected with emphasis on the apparent undervaluation indicated by their share-price metrics. The analysis suggests that stocks with forward P/E ratios below the Prime Market average and P/B ratios below 1.66x may have further room to rise. The selected stocks will also be examined using technical indicators.
As examples, the feature lists stock names alongside their P/E and P/B ratios. ハリマ化成Ｇ, for example, had a P/E of 7.6x and a P/B of 0.76x, 中部飼 had a P/E of 8.2x and a P/B of 0.74x, and 北ガス had a P/E of 8.4x and a P/B of 0.80x, illustrating the low valuation levels.