Shares of PHG fell by 2.73% or $-0.5389/share to $19.19. Koninklijke Philips Electronics NV is trading at a price to book ratio of 1.11. 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 1.05 suggesting that the shares are attractively priced relative to the firm's growth rate. The price to sales ratio came in at 0.61. Hence, the firm is extremely cheap relative to its top line sales figures. On average, 1315890 shares of PHG exchange hands on a given day and today's volume is recorded at 801868. 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.
Koninklijke Philips Electronics NV is a Netherlands-based parent company of the Philips Group (Philips).
