Shiller PE Ratio: Less than 15 Stocks

This screen finds stocks with a Shiller P/E below 15. The Shiller P/E, or CAPE ratio, developed by economist Robert Shiller, divides the share price by the average of the last ten years of inflation-adjusted earnings, smoothing out business cycles and one-off years. A CAPE below 15 is below the long-term market average and often signals an undervalued stock relative to its normalized earnings.