Lowest Price to Book Ratios in Automobile Manufacturers
The lowest price to book ratios in the Automobile Manufacturers industry can often indicate the greatest value to investors. According to SmarTrend's analysis, the top five companies with the lowest price to book ratios are General Motors, Ford Motor, Winnebago Industries, Thor Industries, and Tesla Motors Inc. SmarTrend recommended buying shares of Tesla Motors Inc on April 6th, 2015, when shares hit $202.63, and since then, shares have risen by 22.8%.
Key Takeaways:
- General Motors has the lowest price to book ratio of 1.54, indicating potential value to investors.
- Ford Motor has a price to book ratio of 2.48, which is higher than General Motors but still lower than the industry average.
- Winnebago Industries has a price to book ratio of 2.94, positioning it as a potentially undervalued company.
- Thor Industries has a price to book ratio of 3.26, which is higher than the top three but still lower than the industry average.
- Tesla Motors Inc has a price to book ratio of 35.71, making it the highest on the list but still considered a potentially undervalued company by SmarTrend.
- SmarTrend recommended buying shares of Tesla Motors Inc on April 6th, 2015, and since then, shares have risen by 22.8%.
- The analysis is based on SmarTrend's monitoring of over 5,000 securities simultaneously throughout the trading day.
Statistics:
- General Motors' price to book ratio is 1.54.
- Ford Motor's price to book ratio is 2.48.
- Winnebago Industries' price to book ratio is 2.94.
- Thor Industries' price to book ratio is 3.26.
- Tesla Motors Inc's price to book ratio is 35.71.
- Tesla Motors Inc's share price rose by 22.8% since SmarTrend's recommendation on April 6th, 2015.
Sources:
- "SmarTrend(R) News Watch via COMTEX" published on May 19, 2015.
- SmarTrend's website: MySmarTrend.com.
- SmarTrend's free morning newsletter.
- Comtex News Network, Inc. 2015.