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Thursday, July 21, 2016

$NCT cheapest #stock by PE in Real Estate Investment Trusts industry; PE 3.67 vs.avg. 38.572666

By one measure, price-to-earnings ratio, Newcastle Investment Corporatio -
$NCT is the cheapest stock in the Real Estate Investment Trusts industry.

NCT has a P/E of 3.67 while the average stock in the industry goes for
38.572666.

By book value, the stock has been trading at 1.65 times P/B.

The stock last changed hands for $4.78. In the past year, it has traded in
a range between $2.55 - $5.23

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