OTCPK:ICPVF - Post by User
Comment by
Beckysbosson Aug 11, 2019 9:24am
182 Views
Post# 30015756
RE:RE:Net book value
RE:RE:Net book value
Bull, book value is in the $9's. TD has the book value as of Friday at $9.82 , IPL is trading at 2.5X book value. P/E of 17.8, trading at 12.3 x cash flow.
At the same time Enbridge has a book value of $34.36 trading at 1.3x book value. IPL's valuation is getting stretched in here. Pembina trades at 1.7x BV.