In those cases, a «value» price could be one
times tangible book value or three
times tangible book value.
Pacific Energy is trading at over 1.4 times its book value and over 1.7
times its tangible book value.
They trade for 11.1 times next year's estimated earnings, and only 0.6
times tangible book value.
In those cases, a «value» price could be one
times tangible book value or three
times tangible book value.
Pacific Energy is trading at over 1.4 times its book value and over 1.7
times its tangible book value.
Offering bank investors a view of the company stock, Dimon contended that it still made financial sense for JPMorgan to buy back shares «even at or above two
times tangible book value» per share, which was $ 53.56 at year - end.
In
that time the tangible book value has compounded at 11.8 % pa vs 5.2 % pa for the S&P 500.
Not exact matches
I shared in my
book, The 5 Languages of Appreciation at Work, five ways that people could show others they're
valued — through words of affirmation, acts of service, quality
time,
tangible gifts and physical touch.
A more consistent measure of
value is our
tangible book value, which has had healthy growth over
time.