Salisbury Bancorp Inc. is an AMEX listed security that has been trading in a range between $32.25 and $39.75 over the past year. With 1,684,180 shares outstanding, a recent price of $33.25 gives a total market capitalization of $55,998,985. While there are certainly larger companies, Salisbury Bancorp Inc. has definitely earned its place in the pack. Last year, Salisbury Bancorp Inc. created $2.40 in earnings for every share outstanding.
Salisbury Bancorp Inc. is currently priced by the market at 13.90 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 under $50 a share and earnings per share in excess of $1 a share, Salisbury Bancorp Inc. could be an interesting value proposition.
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