NVR Inc.

NVR Inc. is an AMEX listed security that has been trading in a range between $386.55 and $851.96 over the past year. With 5,606,710 shares outstanding, a recent price of $680.25 gives a total market capitalization of $4,025,617,780. While there are certainly larger companies, NVR Inc. has definitely earned its place in the pack. Last year, NVR Inc. created $81.53 in earnings for every share outstanding.

NVR Inc. is currently priced by the market at 8.80 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, NVR Inc. is unlikely to be an interesting value proposition.