LONDON -- Jill Ralph and Maynard Paton outline why Royal Dutch Shell (LSE:RDSB) (NYSE:RDS-B), the largest company in the FTSE 100 index, trades on a P/E of just eight.

Other cheap blue-chips are revealed in this special free report about market-thrashing investor Neil Woodford.  Just click here to discover Mr Woodford's lowly rated shares for 2013.

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Neither Maynard Paton nor Jill Ralph has any positions in the stocks mentioned above. The Motley Fool has no positions in the stocks mentioned above. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.