British American Tobacco (ADR) is an AMEX listed security that has been trading in a range between $48.94 and $69.63 over the past year. With 1,031,218,000 shares outstanding, a recent price of $68.70 gives a total market capitalization of $70,298,129,172. While there are certainly larger companies, British American Tobacco (ADR) has definitely earned its place in the pack. Last year, British American Tobacco (ADR) created $3.81 in earnings for every share outstanding.
British American Tobacco (ADR) is currently priced by the market at 17.90 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 over $50 a share and earnings per share in excess of $1 a share, British American Tobacco (ADR) could be an interesting value proposition.
Subscribe to:
Post Comments (Atom)
0 comments:
Post a Comment