Lowest Price to Book Ratios in Automobile Manufacturers Industry
As of August 19, 2015, the companies in the Automobile Manufacturers industry with the lowest price to book ratios presented the greatest value to investors. Among the three companies with the lowest ratios, General Motors stood out with a staggering price to book ratio of 1.44, indicating significant undervaluation. This led SmarTrend to issue a Downtrend alert on April 2, 2015, suggesting investors sell shares of General Motors.
Key Takeaways:
- General Motors had the lowest price to book ratio of 1.44 among Automobile Manufacturers, indicating significant undervaluation.
- Ford Motor had a price to book ratio of 2.23, ranking second lowest in the industry.
- Winnebago Industries had a price to book ratio of 2.72, placing third lowest among its peers.
- Thor Industries had a price to book ratio of 2.86, rounding out the bottom five companies in the industry.
- Tesla Motors Inc had a price to book ratio of 37.43, one of the highest in the industry, but still presenting a potential value for investors.
- SmarTrend issued a Downtrend alert on April 2, 2015, advising investors to sell shares of General Motors, which fell 13.2% since then.
- SmarTrend analyzes over 5,000 securities simultaneously and provides trend change alerts in real time.
- Chip Brian, a representative of SmarTrend, is available for inquiries at cbrian@mysmartrend.com.
Statistics:
- General Motors' price to book ratio was 1.44 as of August 19, 2015.
- Ford Motor's price to book ratio was 2.23 as of August 19, 2015.
- Winnebago Industries' price to book ratio was 2.72 as of August 19, 2015.
- Thor Industries' price to book ratio was 2.86 as of August 19, 2015.
- Tesla Motors Inc's price to book ratio was 37.43 as of August 19, 2015.
- General Motors' stock price fell 13.2% since SmarTrend's Downtrend alert on April 2, 2015.
Sources:
- SmarTrend(R) News Watch, Aug 19, 2015