S&P 100 P/E Ratios: How Low Can They Go

Below we highlight stocks in the S&P 100 (what once were considered blue chips) with the lowest estimated P/E ratios based on earnings expectations for the next four quarters. Even if earnings came in it at half of expectations for these companies, their valuations would still be attractive in a normal market environment. But because there is so much uncertainty about the future of these stocks and the US economy as a whole, investors aren't taking any chances. While some of these companies might not make it, there are no doubt some great bargains in the stocks that do make it through these tough times.