Norsk Hydro, as of Q3 figure's still, has 2.52$ EPS for a stock price of 14$. (ticker: NHY) ,wich gives them a P/E of around 5.
If you wonder what happened to the stock in november, know that the downlevel there came trough demerger, nothing of real trouble there. The stock is performing well trough the crisis. Last quarter was somewhat below expectations, but the company kinda resolved that by giving an extra dividend.

The company has a very solid and competitive bussiness model. Norway should be largly unaffected by the USA credit crisis. Investing in the company in Norwegian crowns, especially as US citizin, should be a good idea.