Sentences with phrase «book value ratio»

The stock currently trades at a price to economic book value ratio of 0.8.
Let's see how well the price to tangible book value ratio performs.
On the value front, we appreciate stocks selling at modest price - to - book value ratios compared to their peers and to the markets overall.
Even before the last 24 hours, several were selling at price - book value ratios suggesting alarm about their prospects.
The price to tangible book value ratio is simply the current price of the stock divided by the latest quarterly tangible book value per share.
At its current valuation of ~ $ 500 / share, AZO stands out with a price to economic book value ratio of only 1, which implies that the company will never grow NOPAT from its current level.
The results for the 10 - year price to tangible book value ratio backtest are as follows:
It's a Price - to - Adjusted Book value ratio as I see it.
However, non-financial companies can not be understood by simple book value ratios.
Fifth, the price - to - book value ratio shows that the market is overvalued by 17 %.
At its current price of $ 109 / share, Disney has a price to economic book value ratio of just 1.2, which implies that the market expects that the company will grow NOPAT by no more than 20 % over the remainder of its corporate life.
The Russell 2000 currently has a price to economic book value ratio of 5.1, nearly double that of the S&P 500.
While I thought the price to tangible book value ratio would be clearly superior to the standard price - to - book ratio, that ended up not being so clear in this backtest.
For example, the Classic Value analysis is based upon Mr. Graham's seven criteria for value and includes P / E less than 9.0, P / BV less than 1.20, current ratio more than 1.50, etc., while the Modern Value analysis is based upon steady earnings growth and low current price to sales, cash flow, earnings, dividends, and book value ratios compared to the 10 - year historical ratios for each company.
At its current valuation of ~ $ 67 / share, HLF has a price to economic book value ratio (price - to - EBV) of 1.2 That ratio means that the market expects only 20 % growth in NOPAT for the remainder of HLF's existence.
The current 0.9 price - to - economic book value ratio (PEBV) means TEN is priced for a permanent 10 % decline in after - tax profits (NOPAT).
At its current price of $ 41 / share, VIAB has a price to economic book value ratio (PEBV) of 0.5, which implies that the market believes its NOPAT will permanently decline by 50 %.
While some value investors may search only for stocks with low price - to - earnings or price - to - book value ratios, we focus on:
The index is constructed by using price / book value ratios to divide the MSCI World Index into value and growth.
All underlying securities with high price / book value ratios are classified as growth.
All underlying securities with low price / book value ratios are classified as value.
The first is the Price to Book Value ratio, which is literally calculated as market price per common share divided by book value per common share.
Investing Using Price - to - Book Value Ratio or Book Equity - to - Market Equity Multiple (Backtests 1926 to 2013)
Buy solid companies currently out of favor, as measured by their low price - to - earnings, price - to - cash flow or price - to - book value ratios, or by their high yields.
These are then ranked by the criteria being tested; in this case, we are testing the price to tangible book value ratio.
Size is measured by the average market capitalization (share price times the number of shares outstanding) of the stocks held by the fund, and style is based on the price - to - book value ratios (price per share divided by net assets per share) of the underlying stocks.
Another ratio close to that is the price to book value ratio.
The price to tangible book value ratio to some degree overcomes this issue and more closely represents what common shareholders can expect to receive if the firm goes bankrupt and all of its assets are liquidated at their book values.
However, the P / B ratio had average excess returns of -3.84 % from 2001 to 2011 versus -3.62 % for the price to tangible book value ratio.
The stock is less cheap on a price - to - book value ratio, which checks in at over 2.
Growth stocks generally have a high price to book value ratio.
Learn about per share data, price / book value ratio, price / cash flow ratio, price / earnings ratio, price / sales ratio, dividend yield and the enterprise multiple.
All underlying securities with low price / book value ratios are classified as value.
The index is constructed by using price / book value ratios to divide the MSCI World Index into value and growth.
All underlying securities with high price / book value ratios are classified as growth.
Notes: Price: Closing price per share; P / E: Price to earnings ratio; Total Return: The total return generated by the stock over the last year; Dividend Yield: Expected - annual - dividend divided by price, expressed as a percentage; P / B: Price to Book Value Ratio; Earnings Yield: Earnings divided by Price, expressed as a percentage
Hobbled by a union, it continues to trade at a price - to - book value ratio of only 1.3, about half of what other Canadian banks fetch.
While they are also obviously trading at a discount to book, they will in many cases trade at a higher price - to - book value ratio than a portfolio of stocks selected on the basis of price - to - book only.
-LSB-...] Price - to - Book Value Ratio or Book Equity - to - Market Equity Multiple (Backtests 1926 to 2013), Investing Using the Price - to - Earnings Ratio and Earnings Yield (Backtests 1951 to 2013) and Investing Using Price - to - Cashflow Ratio and Cashflow Yield (Backtests 1951 to 2013)-RRB-.
Popular metrics of aggregate market valuation, such as Wilshire Total Market Index to U.S. GDP, price to forward earnings ratio, price to book value ratio, price to cash flow ratio, cyclically adjusted price to earnings ratio (CAPE), the ratio of annual forward dividend to price (dividend yield), indicate the U.S. stock market is overvalued by between 10 per cent and 60 per cent.
My next issue, coming soon, will focus on undervalued stocks with low price to book value ratios.
Harvey and Ferson found that «the price - to - book value ratio has cross-sectional explanatory power at the country level,» although they believe that its use is mainly in determining «global stock market risk exposure.»
When it comes time to pull the trigger, I generally find it easier to do it with a cheap enterprise multiple than a cheap price - to - book value ratio.
If I were a stable value fund, I would not want to publish my market value to book value ratio.
Price to book ratio Price - to - book value ratio (p / bv) is is calculated by dividing the current share price by its book value per share.
It is something of analogy to a price - to - book value ratio.
Ibbotson found that stocks with a low price - to - book value ratio had significantly better investment returns over the 18 - year period than stocks priced high as a proportion of book value.
These returns are considerably lower than the returns found for the price - to - earnings and cashflow ratios over the last few weeks (see Investing Using Price - to - Book Value Ratio or Book Equity - to - Market Equity Multiple (Backtests 1926 to 2013), Investing Using the Price - to - Earnings Ratio and Earnings Yield (Backtests 1951 to 2013) and Investing Using Price - to - Cashflow Ratio and Cashflow Yield (Backtests 1951 to 2013)-RRB-.
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