Energy is the cheapest sector
Posted: Sun Aug 13, 2017 8:08 am
Read: https://www.investing.com/analysis/a-pi ... -200206877
High quality energy stocks are trading at price to book value ratios much lower than the general market. Plus, book values include big impairment charges, meaning that the book value of their assets is much lower than current market values.
High quality energy stocks are trading at price to book value ratios much lower than the general market. Plus, book values include big impairment charges, meaning that the book value of their assets is much lower than current market values.