Lowest Price to Book Ratios in Automobile Manufacturers Industry

Strategic Insights -

Investors in the Automobile Manufacturers industry often look for companies with the lowest price to book ratios, as these companies can present the greatest value. Recently, SmarTrend identified the top five companies in the industry with the lowest price to book ratios. Among these companies, General Motors had the lowest ratio, with a price to book ratio of 0.98. Tesla Motors Inc, which SmarTrend recommended investors consider buying in October 2011, has seen a significant 26.6% rise in shares since the recommendation. SmarTrend's technology continues to monitor the company for any potential shift in its trend.

Key Takeaways:

  • The Automobile Manufacturers industry has several companies with low price to book ratios, suggesting they may offer the greatest value to investors.
  • General Motors has the lowest price to book ratio among the top five companies, with a ratio of 0.98.
  • Thor Industries has a price to book ratio of 1.60, making it the second lowest in the industry.
  • Winnebago Industries ranks third lowest with a price to book ratio of 1.75.
  • Ford Motor and Tesla Motors Inc also have low price to book ratios, with ratios of 7.09 and 12.19, respectively.
  • SmarTrend recommended buying shares of Tesla Motors Inc on October 6th, 2011, and the company's shares have risen 26.6% since then.
  • SmarTrend's technology monitors over 5,000 securities simultaneously throughout the trading day, providing its subscribers with real-time trend change alerts.
  • SmarTrend is a subscription-based service that provides exclusive, actionable insight into market trends prior to market open.

Statistics:

  • General Motors' price to book ratio: 0.98
  • Thor Industries' price to book ratio: 1.60
  • Winnebago Industries' price to book ratio: 1.75
  • Ford Motor's price to book ratio: 7.09
  • Tesla Motors Inc's price to book ratio: 12.19
  • Tesla Motors Inc's share price rise since SmarTrend's recommendation (October 6th, 2011): 26.6%

Sources:

  • SmarTrend(R) News Watch via COMTEX
  • http://www.MySmarTrend.com
  • http://www.MySmarTrend.com/signup