I’m working on a Business exercise and need support.
For example, are CAJ in industries that are poised for turnaround? Are CAJ potential takeover candidates? Are they financially sound? What do analysts say? Answer the question, “Why is this stock’s B/M high (P/B low)?” You must provide specific reasons!
| Canon Inc | |
| Ticker | CAJ |
| Exchange | NYSE |
| Sector | Technology |
| Industry | Computer Hardware |
|
Principal Competitor |
Tech IS Us |
| Price on 9/25 | $16.94 |
|
Book Value per share |
$23.91 |
| P/B | 0.71 |
| Industry P/B | 0.56 |
| Market Cap ($bil) | $17.622 |
| Book Value ($bil) | |
|
Median Price Target |
$16.12 |
| Dividend yield | 4.6% |
| Forward EPS | $1.16 |
| Forward P/E | 14.5 |
|
Industry Forward P/E |
4.7 |
| Beta | 0.72 |
| PEG Ratio | 2.00 |
