Price to book value is a valuation ratio that is measured by stock price / book value per share. The book value is essentially the tangible accounting value of a firm 17 Jan 2019 Despite a roughly 8% post-earnings rally, Goldman is still trading for less than its book value and at a ridiculously low price-to-earnings multiple Goldman Sachs Group Inc. company facts, information and stock details by MarketWatch. Why 4 of the Biggest U.S. Banks Now Trade Below Book Value. 12 Jan 2020 For 2019 as a whole, shares in JPMorgan Chase, Goldman Sachs, Morgan trading at about 70 per cent of its book value, probably had a price to book its price to book value from a starting point of less than 80 per cent to GS: Get the latest Goldman Sachs stock price and detailed information including GS news, Market Cap (USD), 83.56 B, Book Value per Share, 236.68.
Goldman Sachs is trading below tangible book value which should never take place.Recent scandals have further hurt the share price while returns on equity have gone up.There is no question that
Goldman Sachs Group (GS), whose shares were off 6.6%, to $160.62, had a tangible book value of about $205 share at year-end 2019. Its shares topped $240 in January around the time of its investor 2018 has been a tough year for Financials which will be addressed in another post shortly, but for now, Goldman (NYSE:GS) trading below $186 brings the white-shoe firm below tangible-book value
The price/earnings ratio is about 10, significantly below the p/e of the market as a whole (which is greatly affected by high p/e tech stocks.) Atwood Oceanics (NYSE:ATW) Today's price is $8.48 and book value is listed as $43, so it's trading at about an 80% discount to book.
Tangible Book Value is $160 per share.Fair value in my opinion is roughly $180- $190 per share.The bid-rigging scandal is an issue - hope that isn't Salomon Brothers-esque. Price to Book Ratio Definition Price to book value is a valuation ratio that is measured by stock price / book value per share. The book value is essentially the tangible accounting value of a firm compared to the market value that is shown. 2018 has been a tough year for Financials, which will be addressed in another post shortly, but for now, Goldman trading below $186 brings the white-shoe firm below tangible-book value (TBV) and
The dividend yield is 6.46% which is higher than most stocks in the sector. Average daily volume is 1.8 million shares. Stocks trading below their book value are usually being avoided for a reason. It might be that the sector they're in is widely regarded by analysts as lacking in prospects for future earnings.
Goldman Sachs Group (GS), whose shares were off 6.6%, to $160.62, had a tangible book value of about $205 share at year-end 2019. Its shares topped $240 in January around the time of its investor 2018 has been a tough year for Financials which will be addressed in another post shortly, but for now, Goldman (NYSE:GS) trading below $186 brings the white-shoe firm below tangible-book value
6 Jul 2019 Goldman Sachs analysts have a "buy" rating on the stock issued mid-December of last year. The low priced stock -- 3.98 -- has an average daily
6 Feb 2019 Value stocks tend to be those with low price/book values (P/B), low Goldman Sachs (GS), meanwhile, wouldn't be expensive if the share 29 Dec 2018 Take Goldman Sachs, trading below the value of its assets at a level not seen in six years. Its plunging price-to-book ratio mirrors some of its big 27 Feb 2020 The stock price of Goldman Sachs was 229.93 points at the close of 2019. 3 Nov 2016 Goldman Sachs (GS): Double-Digit Dividend Growth Stock or Value Trap? Or to put it another way, under today's new, more regulated banking sheet and growth in tangible book value per share, the bank is doing well. Goldman Sachs is trading below tangible book value which should never take place.Recent scandals have further hurt the share price while returns on equity have gone up.There is no question that The only other major bank trading below book is Citigroup (C), a bank with returns on equity substantially lower than Goldman’s, at 9.6% in the latest quarter, compared with 13.1% for Goldman. Citi’s stock was off 3.2% Tuesday to $62.53, well below its book value of $72.88 a share as of the end of September. 2018 has been a tough year for Financials, which will be addressed in another post shortly, but for now, Goldman trading below $186 brings the white-shoe firm below tangible-book value (TBV) and might start to be of interest to readers. Taking a quick look at forward earnings and revenue estimates,