Here's a List of High Volume (in Value) and low Price/Earnings Ratio.
1. Energy Development Corporation (EDC)
Price: 2.18
P/E: 3.77
Div: None
2. Megaworld Corporation (MEG)
Price: 0.58
P/E: 3.81
Div: None
3. Bank of the Philippine Islands (BPI)
Price: 34.5
P/E: 9.12
Div: Cash (Php 0.9 per share) TBA
4. Metropolitan Bank and Trust Company (MBT)
Price: 23
P/E: 6.38
Div: None
5. SM Investments Corporation (SM)
Price: 191
P/E: 9.71
Div: None
6. Ayala Corporation (AC)
Price: 195
P/E: 5.15
Div: Cash (Php 2 per share) Jan 06, 2009
7. Philex Mining Corporation (PX)
Price: 4.55
P/E: 2.69
Div: None
8. Manila Water Company, Inc. (MWC)
Price: 10.25
P/E: 9.669
Div: None
9. Banco De Oro UniBank, Inc. BDO
Price: 22.75
P/E: 7.95
Div: None
10. Alliance Global Group Incorporated (AGI)
Price: 1.64
P/E: 4.35
Div: None