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Strategies & Market Trends : Value Investing -- Ignore unavailable to you. Want to Upgrade?

To: Paul Senior who wrote (71223)	10/7/2022 12:06:06 PM
From: Paul Senior	Read Replies (1) \| Respond to of 78741

CRMT. I'm upping my few shares of this "buy here, pay here" auto retailer stock as it continues to fall. finance.yahoo.com A little more specifics since last post: Company has been profitable in each of the past 15 years. In 2020, the p/e was 9x; now it is 6x. In all those other years the p/e was higher (10x or more) -- median p/e being 13x Yahoo analysts are looking for earnings next year ~$10sh. If so, and if market accords a p/e similar to the past 15 years, then $60 CRMT today might be selling at $90-$100. The Graham number's $142; the tangible bv is $74.