Cherry Hill is now available at a 6% discount to its book value. Companhia Paranaense de Energia is a Brazilian electric utility that trades on the NYSE and is now selling for about half its book value. The price/earnings ratio is 13 and right now can be purchased for 94% of its book value. Toyota Motor Corporation is trading at exactly its book value. To be clear: considering value stocks may require a longer-term kind of patience than is presently fashionable.
Source: Forbes November 25, 2018 21:22 UTC