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American Greetings has the Lowest Price to Book Ratio in the Housewares & Specialties Industry (AM, LCUT, CSS, ACU, CTIB)
Jan 04, 2013 (SmarTrend(R) News Watch via COMTEX) --
Below are the three companies in the Housewares & Specialties industry with the lowest price to book ratios. Often companies with the lowest ratio present the greatest value to investors.American Greetings ranks lowest with a a price to book ratio of 0.83. Following is Lifetime Brands with a a price to book ratio of 0.85. CSS Industries ranks third lowest with a a price to book ratio of 0.87.
Acme United follows with a a price to book ratio of 1.17, and CTI Industries rounds out the bottom five with a a price to book ratio of 1.36.
SmarTrend recommended that subscribers consider buying shares of American Greetings on September 5th, 2012 as our technology indicated a new Uptrend was in progress when shares hit $14.71. Since that recommendation, shares of American Greetings have risen 15.2%. We continue to monitor American Greetings for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.
Write to Chip Brian at cbrian@mysmartrend.com
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