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.
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.
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.
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.
Read more here:
- A Trio of High Earnings Return Stocks for the Value Investor
- A Trio of Stocks With Low Forward Price-Earnings Ratios
- 3 Stocks With Low Price-Sales Ratios
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