Comparing SU to the best of the bestThis morning, using the Globe and Mail sreening ratio website,
i was comapring 3 ratio metrics of SU vs CNQ.
Don't take me wrong, CNQ is the best of the best in the CDN field.
It's track record speak for themself.
It's just that with the new management under R.Kruger, i think that we will see a narrowing
of the gap between the two with time.
I think CNQ should continue to have higher multiple going forward but because of the turnaround SU could be a better investment.
Again don't take me wrong,CNQ will also be a good investment going forward.
CNQ will be spilling it's share shortly.That does not add value to the company but it
make them more affordable for smaller investors.
It's the institution actions that make a stock go higher or lower.
Still nice to see the path that CNQ is taking for smaller investors
CNQ ratio
TTM p/e: 15.32
P/B :2.8
Return on equity : 19.01%
SU ratio
TTM p/e: 9.13
P/B :1.6
Return on equity : 18.64%