Berkshire shares are trading near their lowest valuation in decades: close to 1.1 times book value, versus its average valuation of about 1.6 times book value over the past two decades.
It trades at 15 times trailing earnings, 1.2 times book value and 4 times cash flow, with a 3.7% dividend yield.
At 50% of annual revenue, 4.5 times cash flow, 1.25 times book value and 10 times my estimate of 2011 earnings, it combines cheapness with growth.
Stocks are also still trading for six to seven times book value, versus one times book at the troughs in 1974 and 1982.
By market capitalisation they are among the largest in the world but their shares trade at low multiples, under two times book value and below ten times earnings.
ECONOMIST: Chinese banks are undergoing an odd kind of bail-out
ISSI's shares trade for 18.2 times trailing 12-month earnings, 1.62 times book value and 1.02 times sales.
The company trades for 0.34 times sales, 1.39 times book value and 9.16 times trailing 12 months of earnings.
He likes Ryerson for its rock-bottom ratios like 0.14 times sales, one times book value and 10.7 times trailing 12 months of earnings.
It sells at eight times my estimate of 2009 earnings, less than five times cash flow, one times book value and 1.6 times sales.
Psychiatric Solutions (nasdaq: PSYS - news - people ) trades at 22.8 times expected 2004 earnings, 3.27 times book value and 0.98 times sales.
Allstate trades at 1.9 times book value, compared with 3 times book for Progressive Corp. (nyse: PGR - news - people ), its closest publicly traded competitor.
With this in mind, Schutz figures a bank whose shares can be had for about one times book value today may well fetch 1.5 times book in a year or two.
Munich-based Siemens is valued at 1.5 times book value, while GE goes for 4.5 times book.
Either way, the stock is likely to climb from one times book value back to its historical average of 1.4 to 1.5 times book, Karaoglan figures.
As a value play, Lear has some compelling ratios such as its trading multiple of 7.5 times trailing earnings, 0.14 times sales and 0.9 times book value.
It sells for 11 times my estimate of 2011 earnings and two times book value.
Also, the company trades at 1.1 times book value, a discount to such competition as A.G.
That spectrum is probably worth many times the value of the company as a going concern.
Natural resource properties normally trade around 10 times earnings and seven times enterprise value.
It sells at 14 times my estimate of 2009 earnings and 2.5 times book value.
Sun shares have gone up almost four times in value in the last year.
They currently trade at 14 times and 10 times enterprise value to trailing operating income.
The company is currently priced at 14 times sales and 16 times book value.
Santander trades for just 8 times expected 2013 earnings and at just 0.69 times book value.
"Once these guys build a good franchise, they'll get two to three times book value, " he says.
Potash Corporation of Saskatchewan appreciated nearly 20 times in value from early 2004 through midsummer this year.
Am I the only operator who believes General Motors is worth more than 3.5 times enterprise value?
Which would imply that Nationwide is frequently lending not far off 100 times the value of its capital.
General Motors, now loaded with liquid assets, sells at 3 times enterprise value with a junk credit rating.
应用推荐