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Tuesday, November 22, 2011

Undervalued Stock Detected (NYSE: PSS)

Shares of PSS fell by 8.18% or $-1.12/share to $12.58. Collective Brands, Inc. is trading at a price to book ratio of 1.02. This indicates that the shares are relatively cheap compared to book value which means the market is pricing in going concern value. The PEG is 1.51. The price to sales ratio came in at 0.24. Hence, the firm is extremely cheap relative to its top line sales figures. On average, 2019500 shares of PSS exchange hands on a given day and today's volume is recorded at 1011544. These financial metrics combined make this company seem undervalued. Value investors may have an eye on this one, especially if the stock gets cheaper.

Collective Brands, Inc. (Collective Brands) is a producer of compelling lifestyle, fashion and performance brands for footwear and related accessories to consumers worldwide.