Post by
pkpotential on Apr 05, 2011 5:50pm
0.05 price to book ratio.
This stock has a 0.05 price to book ratio. I've almost never seen anything so undervalued. Why is this only at
.59???
Comment by
greenandgold on Apr 05, 2011 7:28pm
Where do you get your book value #'s? Sandstorm Metals' market cap is 126 million, and its book value, in your calculation is 2.5 billion? *Some of their coal and oil streams are very valuable, possibly worth billions over the long run, but their present value needs to be discounted because of uncertainty of production, commodity price risk, etc.
Comment by
pkpotential on Apr 05, 2011 8:37pm
lol I get them from globeinvestor they tell me the ratios. I guess they didn't calculate it correctly.