Now this book to price thing is much more complicated in looking at the returns of most investors.
Price to book and price to sales multiples for LTM are pretty much in line with the industry averages.
FORBES: Life Time Fitness In Bad Shape After Weak Quarterly Results
These are long term holds, a year out, and based on proprietary models at ValuEngine that choose stocks based on price to book, price to earnings and a host of other metrics.
Are the value measures -- price-to- book, price-to-earnings, price-to-cash flow -- in line with those of similar public companies?
He also looks at price-to-book, price-to-cash flow, price-to-cash and debt.
Price-to-book and price-to-cash flow factors resulted in different results.
He screens for stocks using academic theories, which mostly boils down to companies with low price-to-book ratios, low price-to-earnings ratios, low short interest and positive earnings momentum.
As for stocks, I look for those with low price to sales, low price to earnings, low price to book, etc.
Stack looks at historical measures of valuation: price-to-book ratios, price-to-dividend ratios and price-to-earnings ratios.
Price to book or 4.5x for WNC is significantly higher than the 1.9x industry average, but price to book trades in line with the industry average.
But many of our stocks are only two times and a few are even down to something approaching net book price-to-book is one.
FORBES: Rising Revenues, Rising Earnings And Low Debt? Sounds Like Time To Buy Intel And P&G
The price targets are getting adjusted lower, and market caps are shrinking, but so are price to earnings and price to book ratios.
FORBES: Big Correction Adds To Value Picks In Big Emerging Markets
You could make a reasonable argument for why these companies are better investments using fundamental metrics, like price to earnings or price to book value.
FORBES: Why Facebook Stock Makes The Best Graduation Present Possible
In addition, ratios of price to sales and price to book value are bumping along their lowest levels of the past four years and are at substantial discounts to their five-year averages.
FORBES: Flood Of Sandy Losses Sets Up Fat Yield From Insurance Stock
The Price to Book ratio is a formula that represents the most recent share price of a company compared to its book value per share (the residual dollar value for common shareholders after assets are liquidated and all debtors are paid).
FORBES: Bargain Hunting: Ten Stocks With Low Price to Book Ratios Near 52-Week Lows
The most valuable indicators in the Continental telecom group, according to White, are price to cash flow, dividend yield and price to book.
Use multiple valuation metrics--not just the ratio of price-to-earnings but the ratios of price-to-sales and price-to-book.
Price to book of 5x is well above the 3.6x industry average while the price to sales multiple of 0.7x is slightly below the 1x industry average.
On a price-to-sales and price-to-book basis as well, the stock is trading at premiums to industry averages.
Ardour Capital's Nasdeo says other traditional metrics, such as price-to-sales or price-to-book value, are not really much help either.
It holds Apple and Sun, but also some dot-coms and smaller techs, all having lots of cash and low price-to-earnings and price-to-book ratios.
Number-wise, Nieman is fond of the company's dividend yield (0.9% as of Nov. 30) and low price-to-earnings, price-to-book and debt-to-equity metrics, but also sees potential in the company's active pursuit of alternative energy solutions.
And what matters more, price-to-earnings or price-to-book value?
FORBES: The Numbers Nerds Beating The Market With 80 Years Of Data
Tronox trades for less than book value, and at a 45% discount to its five-year average price-to-book value ratio.
FORBES: Pigment Stock Sports Fat Yield And Discounted Valuations
Although many companies announce they "plan" to buy back their shares, Fried filters out the noise and goes for companies actually doing the buybacks and then screens for stocks trading at low price-to-earnings ratios, low price-to-book ratios and which meet an overall "value" criteria.
But a stock with a low price to book, some revenue or earnings growth, and some price appreciation, might attract interest from practitioners of 3 different investment styles so it would rank higher than the stock that just appeals to value investors.
Everyone from multimillionaire Caterpillar dealers to editors of "blue book" price guides stalk Ritchie auctions to see what's worth what.
Emerging markets equities still look cheap relative to historic price-to-book averages.
FORBES: For Some Investments, Too Much Bad News A Good Thing
Meanwhile, the price-to-book of 2.1x is below the peer group average of 2.2x and the price-to-sales of 0.2x is on par with the peer group average.
FORBES: Take Home Shares Of This Auto Dealer That Tripled The Return Of The S&P 500 Last Year
The price-to-book of 2.3x is above the peer group average of 1.7x, and it price-to-sales of 0.6x is on par with the peer group average.
应用推荐