Post by BB123456on Aug 23, 2022 9:55am

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Post# 34913806
Valuation
ValuationAt the current price, it is now at 15x latest earnings.
Wait, no, that is 15x the quarterly earnings of US$1.80 = CDN$2.34, cheaper than the market is valued on annual earnings.
It is actually now at 3.5x the trailing 12 months earnings and 4 times forward earniongs.
As earnings continue to come in, will be trading under book value, it will be under book value in a couple of quarters.
I know people are concerned about real estate falling off with interest rates rising, but this just seems like a great buying opportunity.