SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : Value Investing
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: E_K_S who wrote (44849)10/6/2011 10:27:45 PM
From: J Mako  Read Replies (2) of 78687
 
re: SEB

Its P/B is currently at 1.1. But it was 0.6-0.7 in 2002-2003. Interestingly in those years P/E was 12-25. What gives?

Not sure why Greenwald said it was building up cash. I don't see consistently increasing cash holdings in the last 5 years.

Revenues have doubled in less than 10 years. But as Paul said, margin fluctuates. It's a cyclical business.

Need to dig deeper....

---

Found this article. Both the main article and the comments provide good background info. One comment suggested book values are understated.

seekingalpha.com
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News