TravelCenters of America LLC is an AMEX listed security that has been trading in a range between $15.60 and $47.41 over the past year. With 8,808,570 shares outstanding, a recent price of $40.89 gives a total market capitalization of $362,472,669. While there are certainly larger companies, TravelCenters of America LLC has definitely earned its place in the pack. Last year, TravelCenters of America LLC created $-1.49 in earnings for every share outstanding.
TravelCenters of America LLC is currently priced by the market at 0.00 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 below $1 a share, TravelCenters of America LLC is unlikely to be an interesting value proposition.
Thursday, July 19, 2007
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