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 3.37 while the average stock in the industry goes for
34.78769.
By book value, the stock has been trading at 1.55 times P/B.
The stock last changed hands for $4.33. In the past year, it has traded in
a range between $2.55 - $4.88
No comments:
Post a Comment