Wesco Financial Corporation

Wesco Financial Corporation is an AMEX listed security that has been trading in a range between $368.00 and $505.00 over the past year. With 7,119,810 shares outstanding, a recent price of $395.00 gives a total market capitalization of $2,812,324,950. While there are certainly larger companies, Wesco Financial Corporation has definitely earned its place in the pack. Last year, Wesco Financial Corporation created $12.81 in earnings for every share outstanding.

Wesco Financial Corporation is currently priced by the market at 30.80 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, Wesco Financial Corporation could be an interesting value proposition.