For investors looking for stocks with low price ratios that are trading at near or below book value, take a gander at mortgage real estate investment trusts. 

Capstead Mortgage Company [stock CMO"> Capstead is priced at just 82% of book value.  The dividend payout is 9.45%. The P/E is just 9. CMO traded at 10.50 around Thanksgiving — now it’s at 12.70.