Shares of AFG traded higher by 4.08% or $1.37/share to $34.92. American Financial Group Inc. is trading at a price to book ratio of 0.78. This indicates that the value of the company's underlying assets exceeds today's market price. The PEG is 1.13 suggesting that the shares are attractively priced relative to the firm's growth rate. The price to sales ratio came in at 0.78. Hence, the firm is extremely cheap relative to its top line sales figures. On average, 374742 shares of AFG exchange hands on a given day and today's volume is recorded at 984142. These financial metrics combined make this company seem undervalued. Value investors may have an eye on this one, especially if the stock gets cheaper.
American Financial Group, Inc. (AFG) is a holding company, which through subsidiaries, is engaged primarily in property and casualty insurance, focusing on specialized commercial products for businesses, and in the sale of traditional fixed and indexed annuities and a range of supplemental insurance products, such as Medicare supplement.
