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Monday, August 8, 2011

Excellent Stock Value (NYSE: SWY)

Shares of SWY fell by 4.55% or $-0.86/share to $18.06. Safeway Inc. is trading at a price to book ratio of 1.42. The PEG is 1.12 suggesting that the shares are attractively priced relative to the firm's growth rate. The price to sales ratio came in at 0.16. Hence, the firm is extremely cheap relative to its top line sales figures. On average, 5410920 shares of SWY exchange hands on a given day and today's volume is recorded at 10946416. These financial metrics combined make this company seem undervalued. Value investors may have an eye on this one, especially if the stock gets cheaper.

Safeway Inc. (Safeway) is a food and drug retailer in North America.