In today’s Idea Generator report available to Bespoke Institutional members, we highlight the Russell 1,000 stocks that have price-to-book ratios most elevated or depressed relative to their ten year averages. P/B ratios are one way to measure the relative over- or under-valuation of stocks. We compare each name to its own history because the “fair” price-to-book for a name can vary dramatically by industry and depending on growth rate, return on capital, and other factors.
Our Idea Generator goes out to Bespoke Institutional members every other trading day, and each report provides a different screen based on various fundamental, technical or sentiment measures. For fundamentals, we highlight stocks that are the most over and under valued. For sentiment readings, along with put/call volume, we look at things like short interest levels and share volume. And for technicals, we highlight stocks trading at 52-week highs and lows, stocks that are consistently closing at their highs or lows for the day, and stocks that are the most overbought and oversold. It’s an excellent report if you’re looking to generate new stock ideas. That’s why it’s named the Idea Generator of course!
Start a free Bespoke Institutional trial below to see today’s Idea Generator and everything else that’s included with our top level of service. If you apply the coupon code “IDEAS” at checkout, you’ll get $50 off your first payment!