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Wednesday, April 4, 2012

Great Stock Value (NYSE: VIP)

Shares of VIP fell by 0.32% or $-0.035/share to $10.96. VimpelCom Ltd. is trading at a price to book ratio of 1.27. 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 0.15 suggesting that the shares are trading at an excellent value relative to firm's growth rate. The price to sales ratio came in at 0.88. Hence, the firm is extremely cheap relative to its top line sales figures. On average, 2073060 shares of VIP exchange hands on a given day and today's volume is recorded at 502431. These financial metrics combined make this company seem undervalued. Value investors may have an eye on this one, especially if the stock gets cheaper.

VimpelCom Ltd. (VimpelCom) is a group of integrated telecommunications services operators.