As worries in Europe continue to push markets downward, many stocks are now selling at a relative discount. This two-part series will focus on stocks that appear undervalued due to low price-to-book ratios (P/B) and high, over 20%, return on equity (ROE).

A company’s price-to-book ratio and return on equity are generally good fundamental statistics to look at when beginning a search for value opportunities. A low P/B, a ratio used to compare a stock’s market value to its actual book value, and a high ROE, a percentage measurement that shows the amount of profit a company generates with the money invested by shareholders, often times indicates a strong company that is currently undervalued by investors…

Read the full article at: http://seekingalpha.com/article/598031-15-stocks-with-over-20-return-on-equity-selling-for-less-than-book-part-i-30-roe