R.G. Barry Corp. is an AMEX listed security that has been trading in a range between $5.75 and $13.14 over the past year. With 10,108,840 shares outstanding, a recent price of $11.50 gives a total market capitalization of $115,645,125. While there are certainly larger companies, R.G. Barry Corp. has definitely earned its place in the pack. Last year, R.G. Barry Corp. created $2.17 in earnings for every share outstanding.
R.G. Barry Corp. is currently priced by the market at 5.30 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, R.G. Barry Corp. is unlikely to be an interesting value proposition.
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