Lowest Price to Book Ratios in Automobile Manufacturers Industry
As of January 6, 2015, the companies in the Automobile Manufacturers industry with the lowest price to book ratios presented the greatest value to investors. Among the five companies with the lowest ratios, General Motors ranked the lowest with a price to book ratio of 1.38. This suggests that investors who bought shares of General Motors in December 2014, when SmarTrend recommended it, would have seen a significant increase in value, with a 5.8% rise in shares since the recommendation.
Key Takeaways:
- General Motors has the lowest price to book ratio in the Automobile Manufacturers industry with a ratio of 1.38.
- Ford Motor ranks second with a price to book ratio of 2.17.
- Thor Industries has a price to book ratio of 2.94, ranking third lowest in the industry.
- Winnebago Industries has a price to book ratio of 2.98, making it the fourth lowest in the industry.
- Tesla Motors Inc has the highest price to book ratio among the five companies, with a ratio of 25.82.
- SmarTrend recommended buying shares of General Motors on December 22, 2014, when they hit $32.92.
- Since the recommendation, shares of General Motors have risen 5.8%.
- SmarTrend analyzes over 5,000 securities simultaneously throughout the trading day.
- Subscribers receive real-time trend change alerts to maximize their trading results.
Statistics:
- Price to book ratio of General Motors: 1.38
- Price to book ratio of Ford Motor: 2.17
- Price to book ratio of Thor Industries: 2.94
- Price to book ratio of Winnebago Industries: 2.98
- Price to book ratio of Tesla Motors Inc: 25.82
- Increase in shares of General Motors since recommendation: 5.8%
- Number of securities analyzed by SmarTrend: 5,000
Sources:
- SmarTrend News Watch via COMTEX, January 6, 2015
- MySmarTrend.com
- Comtex News Network, Inc. 2015