Peter Lynch, the legendary manager of the Fidelity Magellan fund, argued that a fairly priced company trades at a P/E equal to its growth rate. This screen lists stocks on Asian exchanges whose price is below the Peter Lynch fair value, biggest discount first. 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.
