Shares of CNH traded higher by 3.02% or $1.1899/share to $40.63. NYSE is trading at a price to book ratio of 1.06. 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 1.26. The price to sales ratio came in at 0.47. Hence, the firm is extremely cheap relative to its top line sales figures. On average, 549461 shares of CNH exchange hands on a given day and today's volume is recorded at 132985. These financial metrics combined make this company seem undervalued. Value investors may have an eye on this one, especially if the stock gets cheaper.
CNH Global N.V. (CNH) is a global, full-line company in both the agricultural and construction equipment industries.
