While there are many measures of valuation, a price-to-earnings ratio (or P/E ratio) is probably the most well-known.

It's a real bang for your buck ratio, comparing a company's share price to its earnings per share - basically, helping you to assess its value compared to similar companies or a benchmark.

A low P/E ratio usually indicates a company is cheap, while a high P/E ratio indicates it is expensive.

As effective as P/E ratios are, they don't tell the whole story and sometimes companies trading on a low P/E can have serious flaws. Some discounted stocks are cheap for a reason, others present attractive buying opportunities at bargain prices.

One of the key ways to separate the wheat from the chaff is to look at management. Companies with stellar management teams - those who have the drive and business acumen to take a company to the next level - are more likely to be the darlings you are looking for.

So in this episode, Livewire's Ally Selby was joined by Tyndall Asset Management's Jason Kim and Forager Funds Management's Steve Johnson for their analysis of three low P/E stocks with top-notch management teams.

Plus, they also each named one stock that they would be buying right now.

Note: This episode was filmed on Wednesday 15 November 2023. You can read an edited transcript below: 

https://www.livewiremarkets.com/wires/buy-hold-sell-5-low-pe-stocks-with-top-management-teams