After reading David Dreman, "Contrarian Investment Strategies" again, I thought I would have a crack at screening for companies that would meet his criteria.
First cut is to take out the micro caps, so i screened for capitalisation over $100m which gave me about 400 companies on the ASX, and then applied a filter to get the bottom quartile of P/E ratios.
This gave me a list of 100 companies,....
mmm...the data is too corrupt to be of any use, the p/e ratios are not based on current price nor most recent earnings. I will have to see what accurate data sources I can find.