Richardson Electronics is Among the Companies in the Technology Distributors Industry With the Lowest Price to Book Ratio (RELL, AVT, SCSC, TECD, IM)
Below are the three companies in the Technology Distributors industry with the lowest price to book ratios. Often companies with the lowest ratio present the greatest value to investors.
Richardson Electronics ranks lowest with a a price to book ratio of 0.60. Avnet is next with a a price to book ratio of 1.12. Scansource ranks third lowest with a a price to book ratio of 1.23.
Tech Data follows with a a price to book ratio of 1.24, and Ingram Micro rounds out the bottom five with a a price to book ratio of 1.32.
SmarTrend recommended that subscribers consider buying shares of Richardson Electronics on July 19th, 2016 as our technology indicated a new Uptrend was in progress when shares hit $5.55. Since that recommendation, shares of Richardson Electronics have risen 20.3%. We continue to monitor Richardson Electronics for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.
Keywords: lowest price to book ratio richardson electronics avnet scansource tech data ingram micro