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Tuesday, June 5, 2012

Excellent Stock Value (NYSE: JCP)

Shares of JCP fell by 0.67% or $-0.17/share to $25.10. NYSE is trading at a price to book ratio of 1.4. The PEG is 0.68 suggesting that the shares are trading at an excellent value relative to firm's growth rate. The price to sales ratio came in at 0.34. Hence, the firm is extremely cheap relative to its top line sales figures. On average, 6276980 shares of JCP exchange hands on a given day and today's volume is recorded at 5024289. These financial metrics combined make this company seem undervalued. Value investors may have an eye on this one, especially if the stock gets cheaper.

J. C. Penney Company, Inc. (jcpenney), incorporated in 2002, is a holding company.