The cheapest stocks on the Stockholm Stock Exchange according to an article today in Placera/Avanza Bank. The average P/E fot the 30 most traded stocks is 16,7. The "cheapest" has P/E of around 9-12.
What valuation would SIAF get when it gets listed in Sweden? Probably more then 3. I am not really sure how the valuation is on average in Oslo. But no matter that SIAF will surely become, at least initially, one of the ultra cheap shares on those stock markets.