9 Large Cap Canadian Stocks Trading Below Book Value
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There are a handful of large cap TSX 60 constituents that are trading below the book value of their net assets. That means the market value of the company's stock is theoretically worth less than the liquidation value of the company. While some investors might look at this as a buy signal, there is more to this than meets the eye. Don't be fooled: The price-to-book value is largely a useless statistic.
9 Large Cap Canadian Stocks Trading Below Book Value
9 Large Cap Canadian Stocks Trading Below…
9 Large Cap Canadian Stocks Trading Below Book Value
There are a handful of large cap TSX 60 constituents that are trading below the book value of their net assets. That means the market value of the company's stock is theoretically worth less than the liquidation value of the company. While some investors might look at this as a buy signal, there is more to this than meets the eye. Don't be fooled: The price-to-book value is largely a useless statistic.