Personalfund also tracks the basis of each lot of stock in your portfolio and suggests replacements if you want to sell a stock to book a tax loss.
They can lower depreciation rates, pay their employees with stock options or book nonrecurring gains from investments.
We will assume that the bank trades at a modest premium to book value on the stock market, of 1.5x book.
FORBES: A Debt/Equity Swap To Recapitalize European Banks: A Real World Example
There are short sellers circling this stock and talking their book to anyone who will listen.
Bank of America will still have mortgage woes which are keeping its stock below its supposed book value.
FORBES: For Merrill Brokers, Krawcheck Exit Is Yet Another BofA-Induced Headache
Norman Fosback first pointed it out in his 1976 book, Stock Market Logic.
FORBES: Persistent Pattern: Stocks Like Early Days Of The Month
Whitney also said that while the company's stock still sells at a premium to book value and is expensive, she believes the stock is getting closer to a fair value level and that the hardest work is behind the company.
Bloomberg points out that the stock is now trading below book value for the first time in nine years.
FORBES: Research In Motion Hits Lowest Price Since '04; Below Book
Analysts at Oppenheimer see value in buying shares of Citigroup at these levels as the stock currently trades below tangible book value.
The stock's present multiples of book value, earnings and sales all fall below their five-year averages.
The stock sells at 70% of book value and has a 5.1% dividend yield.
The market value of the stock is only 35% of book value, a very pessimistic assessment of future viability.
FORBES: Hon Hai May Be Walking Away From, and Dooming, Sharp
John now discusses them in his latest book, Mastering the Stock Market: High Probability Market Timing and Stock Selection Tools, published this month by Wiley.
The one risk in being too negative is the chance that they sell to a larger competitor, though at a nice premium to its tangible book value, the stock is not as attractive as other potential takeover candidates.
FORBES: Best Ideas 2013: Not All Financial Stocks Are Equal, Buy Bank Of America, Avoid Comerica
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.
At the end of his book, he relegates stock picking to a secondary or tertiary facet of investment strategy, worth perhaps 10% of your performance, with 70% assigned to the decision among stocks, bonds and cash, and 20% to the choice of subsectors of stocks.
Kerik said he was resigning because he had inadvertently employed an illegal immigrant, though questions about his stock holdings and an affair with book publisher Judith Regan soon arose -- further reflecting poorly on the Bush administration's judgment in selecting candidates to top leadership posts.
For example, a stock that has a low price to book ratio might only be attractive to Value investors.
Joel Tillinghast, a longtime Fidelity stock fund manager who is writing a book about investing, asked how they think about companies' returns on capital.
The stock trades at approximately 60% of book value.
FORBES: Buybacks Unchained: Saddling Up For Bank Of America's Next Big Run
Rose's novel "The Book of Lost Fragrances, " published in February, was out of stock and a search of the retailer's online site showed that the book was also unavailable at three other Manhattan locations.
Booksellers all know where they want to stock it because they all know about the book.
The historical norm is for Berkshire Hathaway stock to trade at around 150% of book value (1.5x).
On a price-to-sales and price-to-book basis as well, the stock is trading at premiums to industry averages.
Bank of America's stock price is up 47% in the last year but the stock still trades at about 60% of book value.
Most value investors analyze companies based on their current financial performances, as measured by the stock price as a multiple of earnings or book value.
Publicly traded banks in Louisiana on average saw their stock prices trading at 100% of tangible book value, whereas Georgia-based banks averaged 86% of tangible book.
应用推荐