When the price per share was
below the book value per share, Schloss saw a potential bargain.
Find out why bank stocks usually trade
below book value per share, and understand how trading activities increase banks» risk exposures and affect valuation.
Schloss looked for companies whose current stock price was
below its book value per share.
Not exact matches
Given your belief that Berkshire's intrinsic
value continues to exceed its
book value with the difference continuing to widen over time, are we at a point where it makes sense to consider buying back stock at a higher break point that Berkshire currently has in place and would you ever consider stepping in buying back
shares that did dip down
below 1.2 times
book value per share even if that prior years» figure had not yet been released?
Even as the
shares dipped down
below the 1.2 times
book value threshold during both January and February of this year, if you base it on a buyback price calculated on Berkshire's
book value per share at the end of 2015.
In the context of corporate financial statements of publicly traded companies, the NAVPS, more commonly referred to as
book value per share, is usually
below the market price
per share.
Given your belief that Berkshire's intrinsic
value continues to exceed its
book value with the difference continuing to widen over time, are we at a point where it makes sense to consider buying back stock at a higher break point that Berkshire currently has in place and would you ever consider stepping in buying back
shares that did dip down
below 1.2 times
book value per share even if that prior years» figure had not yet been released?
Tweedy Browne set out DeBondt and Thaler's findings in Table 3
below, which describes the average earnings
per share for companies in the lowest and highest quintile of price - to -
book value in the three years prior to selection and the four years subsequent to selection: