By one measure, price-to-earnings ratio, Affiliated Managers Group, Inc. -
$MGR is the cheapest stock in the Investment Managers industry.
MGR has a P/E of 2.83 while the average stock in the industry goes for
20.333242.
By book value, the stock has been trading at 0.5 times P/B.
The stock last changed hands for $26.29. In the past year, it has traded in
a range between $24.73 - $26.7
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