Relatively Low Price to Book Ratio Detected in Shares of eLong in the Internet Retail Industry (LONG, DANG, OSTK, FLWS, SFLY)
Below are the three companies in the Internet Retail industry with the lowest price to book ratios. Often companies with the lowest ratio present the greatest value to investors.
eLong ranks lowest with a a price to book ratio of 0.55. E-Commerce China Dangdang is next with a a price to book ratio of 0.86. Overstock.com ranks third lowest with a a price to book ratio of 2.78.
1-800-Flowers.com follows with a a price to book ratio of 2.92, and Shutterfly rounds out the bottom five with a a price to book ratio of 3.54.
SmarTrend recommended that subscribers consider buying shares of 1-800-Flowers.com on June 7th, 2016 as our technology indicated a new Uptrend was in progress when shares hit $8.36. Since that recommendation, shares of 1-800-Flowers.com have risen 8.7%. We continue to monitor 1-800-Flowers.com for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.
Keywords: lowest price to book ratio elong e-commerce china dangdang overstock.com 1-800-flowers.com shutterfly