OTCPK:ICPVF - Post by User
Comment by
mrbbon Aug 12, 2019 5:37pm
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Post# 30019784
RE:RE:RE:Net book value
RE:RE:RE:Net book value
Beckysboss wrote:
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.
then why ipl getting bidded and not enbridge or pembina?
Using BV to evaluate companies can be misleading.