This screen lists stocks on Asian exchanges with a price-to-book ratio below 1, a price-to-cash-flow ratio below 10, return on equity above 15% and a current ratio above 1, excluding micro caps, sorted by price-to-cash-flow. Buying profitable companies for less than their book value is a classic value approach. Cheap stocks can stay cheap, so check why the market is discounting a company before buying. Prices are in each exchange's local currency, and the list covers stocks traded in Tokyo, Hong Kong, Singapore, Seoul and Jakarta with at least about US$0.7 million in average daily trading value.
