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 European exchanges whose price is below the Peter Lynch fair value, biggest discount first. Prices are in euros, and the list covers stocks traded on Xetra, Euronext Paris, Euronext Amsterdam, Euronext Milan and the Madrid Stock Exchange with at least 0.5 million euros in average daily trading value.
