Top 5 debt-free penny stocks to watch out for: Trading below their book value; check if you hold any! Top 5 debt-free penny stocks to watch out for: Trading below their book value; check if you hold any! Today, we present to you a curated list of stocks that not only trade below Rs 50 but are also debt-free and trading below their book value. Karan Dsij / Monday, December 25, 2023 / Article rating: 4.8 Warren Buffett's wisdom reminds us that true value lies not just in the price tag but in the quality of the asset. Stocks trading below book value might just be the quality merchandise you've been searching for.