In the following video, Fool contributor Matt Thalman discusses Apple (AAPL -0.35%), Microsoft (MSFT 1.82%), and Intel (INTC -9.20%), which are all trading at or below 12 times past earnings, with even lower future expected earnings per share. Looking beyond the current P/Es of these three companies and how they compare with the market as a whole, both today and in historical terms, it's hard to say they aren't undervalued when taking into account their dividend yields, their positions within the industry, and the possibilities each company has in front of it.

Check out the video for more.