3 Low Price-Book Stocks Drawing Investors' Interest

These securities represent quality companies

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Are you an investor who wants to increase your chances of finding high-quality companies?Then you should screen for stocks with market capitalizations that exceed $10 billion, but are still below 1.5 times the book value.

Value investors could also be interested in the following securities because they have received positive profitability ratings from GuruFocus and positive recommendation ratings from sell-side analysts, sustaining expectations for succcessful investments.

The first company is Public Joint Stock Company Rosneft Oil Company (OJSCY, Financial).

Shares of the Russian oil and gas company closed at $6.44 on Friday for a market capitalization of $68.25 billion.

The price-book ratio of 1.03 is slightly above the industry median of 0.96, but still below 41% of its competitors.

The stock has gained 5.6% so far this year, but is still cheap as indicated by the Peter Lynch chart.

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GuruFocus assigned a moderate financial strength rating of 5 out of 10 and high profitability rating of 8 out of 10.

Wall Street recommends an overweight rating for shares of the Russian oil and gas operator. The rating means analysts expect the stock will outperform either the industry or the whole market in the coming weeks.

The second company is Bayer Aktiengesellschaft (BAYRY, Financial).

Shares of the German drug major closed at $18.19 on Friday for a market capitalization of $67.85 billion.

The price-book ratio of 1.45 is lower than the industry median of 2.06. It outperforms 65.8% of its competitors.

The stock has increased 3.5% so far this year. According to the Peter Lynch chart, it is not cheap.

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The stock has a low financial strength rating of 3 out of 10, but a positive profitability rating of 6 out of 10 from GuruFocus.

Wall Street recommends an overweight rating for shares of Bayer Aktiengesellschaft with an average target price of $21.68.

The third company is AXA SA (AXAHY, Financial).

Shares of the French insurance company closed at $26.69 on Friday for a market capitalization of $48.58 billion.

The price-book ratio of 0.85 is cheaper than the industry median of 1.1 as it outperforms 69.3% of its industry competitors.

The share price has risen almost 25% so far this year. Based on the Peter Lynch chart, the stock is expensive.

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The company has a low GuruFocus financial strength rating of 3 out of 10, but a moderate rating of 5 out of 10 for its profitability.

Wall Street recommends buying shares of AXA with an average target price of $30.35.

Disclosure: I have no positions in any securities mentioned.

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