Arizona Land Income Corporation

Arizona Land Income Corporation is an AMEX listed security that has been trading in a range between $3.40 and $18.89 over the past year. With 1,851,120 shares outstanding, a recent price of $8.93 gives a total market capitalization of $16,660,080. While there are certainly larger companies, Arizona Land Income Corporation has definitely earned its place in the pack. Last year, Arizona Land Income Corporation created $1.90 in earnings for every share outstanding.

Arizona Land Income Corporation is currently priced by the market at 4.70 times last year’s earnings. Many trading multiples around the world are quite attractive these days, but don’t be fooled. A Price to Earnings ratio of 0 simply means that the security didn’t make any money last year.

With a share price under $50 a share and earnings per share in excess of $1 a share, Arizona Land Income Corporation is unlikely to be an interesting value proposition.