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Tuesday, September 6, 2011

Excellent Stock Value (NYSE: KYO)

Shares of KYO fell by 4.20% or $-3.8/share to $86.58. Kyocera Corp. is trading at a price to book ratio of 0.88. This indicates that the value of the company's underlying assets exceeds today's market price. The PEG is 0.24 suggesting that the shares are trading at an excellent value relative to firm's growth rate. The price to sales ratio came in at 1.02. Thus, the company is not very expensive in terms of its sales. On average, 5695 shares of KYO exchange hands on a given day and today's volume is recorded at 2996. These financial metrics combined make this company seem undervalued. Lookout for any takeover chatter or takeover news regarding this stock as one of the bigger players may have an eye on this one.

KYOCERA CORPORATION develops, produces and distributes a range of products for the information and communications market and environment and energy market worldwide.