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3 Low Price-Book Stocks

They could represent opportunities for the value investor

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Alberto Abaterusso
Jun 08, 2020
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In order to increase their chances of unearthing value stocks, investors may want to look at the following companies, as they have a market capitalization exceeding $10 billion but a price-book ratio standing below 1.5.

Kyocera Corp

The first company that meets the above listed criteria is Kyocera Corp (

KYOCY, Financial).

Shares of the Japanese global manufacturer and distributor of consumer electronics closed at $56.47 per unit on June 5 for a market capitalization of $20.47 billion and a price-book ratio of 0.86.

The share price declined by nearly 12% over the past year, determining a 52-week range of $47.20 to $70.79.

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GuruFocus assigned a high rating of 9 out of 10 for the company’s financial strength and a positive rating of 6 out of 10 for its profitability.

The company's top fund holder is Parametric Portfolio Associates LLC with 0.19% of shares outstanding, followed by

Ken Fisher (Trades, Portfolio) with 0.01%.

Occidental Petroleum Corp

The second company that meets the above listed criteria is Occidental Petroleum Corp (

OXY, Financial).

Shares of The Houston, Texas-based oil and gas explorer and producer closed at $20.79 per unit on June 5 for a market capitalization of $19.06 billion and a price-book ratio of 0.87.

The share price declined by 56.6% over the past year for a 52-week range of $9 to $64.71.

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GuruFocus assigned a low rating of 3 out of 10 for the company’s financial strength and a positive rating of 6 out of 10 for its profitability.

With 12.86% of shares outstanding, Dodge & Cox is the company's top fund holder, followed by

Carl Icahn (Trades, Portfolio) with 9.67% and Vanguard Group Inc with 8.11%.

Cincinnati Financial Corp

The third company that meets the above listed criteria is Cincinnati Financial Corp (

CINF, Financial).

Shares of the Fairfield, Ohio-based property casualty insurer closed at $68.78 per unit on June 5 for a market capitalization of $11.06 billion and a price-book ratio of 1.39.

The share price fell by 33% over the past year, determining a 52-week range of $46.07 to $118.19.

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GuruFocus assigned a moderate rating of 4 out of 10 for the company’s financial strength and a positive rating of 5 out of 10 for its profitability.

The company's top fund holder is Vanguard Group Inc with 12.76% of shares outstanding, followed by BlackRock Inc with 8.5% and State Street Corp with 5.26%.

Disclosure: I have no positions in any securities mentioned in this article.

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