OTCPK:APCFF - Post by User
Comment by
Ariannaon Feb 27, 2014 10:52am
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Post# 22258563
RE:Mortgage your houses and buy 13.5% dividend
RE:Mortgage your houses and buy 13.5% dividendThe math is correct, but things like future dividends and company's performance are not set in stone.
However, ATP's price/book (P/B) ratio is 0.5, which looks good in my opinion.
P/B = (Stock Price) / (Total assets - (Total Liabilities and Intangible Assets))
From Investopedia:
A lower P/B ratio could mean that the stock is undervalued. However, it could also mean that something is fundamentally wrong with the company. As with most ratios, be aware that this varies by industry.
This ratio also gives some idea of whether you're paying too much for what would be left if the company went bankrupt immediately