Lowest Price to Book Ratios in Automobile Manufacturers Industry
As of January 5, 2012, the companies in the Automobile Manufacturers industry with the lowest price to book ratios present the greatest value to investors. These ratios are calculated by dividing the current stock price by the book value per share. Companies with lower ratios often have undervalued stocks that may provide potential for growth.
Key Takeaways:
- General Motors has the lowest price to book ratio in the Automobile Manufacturers industry, with a ratio of 0.96.
- Thor Industries has a price to book ratio of 1.83, ranking second lowest in the industry.
- Winnebago Industries ranks third lowest with a price to book ratio of 2.02.
- Ford Motor has a price to book ratio of 7.21, while Tesla Motors Inc has a ratio of 9.82.
- SmarTrend recommended selling shares of General Motors on November 2, 2011, at $23.33, resulting in a 9.8% decline in shares since then.
- SmarTrend analyzes over 5,000 securities simultaneously throughout the trading day and provides subscribers with real-time trend change alerts.
Statistics:
- General Motors' price to book ratio as of January 5, 2012, is 0.96.
- Thor Industries' price to book ratio as of January 5, 2012, is 1.83.
- Winnebago Industries' price to book ratio as of January 5, 2012, is 2.02.
- Ford Motor's price to book ratio as of January 5, 2012, is 7.21.
- Tesla Motors Inc's price to book ratio as of January 5, 2012, is 9.82.
- SmarTrend subscribers who sold General Motors shares on November 2, 2011, at $23.33, suffered a 9.8% decline in shares as of January 5, 2012.
Sources:
- "SmarTrend(R) News Watch via COMTEX" (SmarTrend, 2012)
- MySmarTrend website (SmarTrend, 2012)
- "Get exclusive, actionable insight into how the market is expected to trend prior to market open with our free morning newsletter" (SmarTrend, 2012)
- SmarTrend's free trial offer (SmarTrend, 2012)