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Wednesday, November 30, 2011
Excellent Stock Value (TSE: X.TO)
Shares of X fell by 2.91% or $-1.3/share to $43.45. TMX Group Inc. is trading at a price to book ratio of 0.84. This indicates that the value of the company's underlying assets exceeds today's market price. The price to sales ratio came in at 1.55. On average, 149802 shares of X.TO exchange hands on a given day and today's volume is recorded at 452363. These financial metrics combined make this company seem undervalued. Value investors may have an eye on this one, especially if the stock gets cheaper.