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Britain has only 110 medical oncologists, specialising in chemotherapy; America has 7,000 for just five times the population.
Many well-run and successful companies sell for just five times earnings, the total market capitalization as a percentage of GDP has collapsed to just 21%, and time deposits as a percentage of stock market capitalization stand at an all-time high, suggesting that there is plenty of money sitting on the sidelines that could make its way back into the markets.
Similar(10)
In the mid-1970s, shares of the rapidly growing chip maker could have been bought for just six times earnings.
But earlier this year, the shares traded for just nine times 12-month trailing earnings, she said, because of several factors.
Citigroup trades for just ten times 2002 estimated earnings.
Torm shares sell for just four times cash flow.
The stock goes for just six times that figure.
One is Mack-Cali Realty, which at a recent $25 goes for just eight times earnings.
Shares of Centex trade for just seven times the consensus estimate for fiscal 2006.
Shares of Polo Ralph Lauren trade for just ten times estimated 2003 earnings.
And BellSouth shares sell for just ten times projected 2003 earnings.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com