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Most of these issues still trade at price/earnings multiples lower than the S&P's current 28.
We culled through initial offerings from the past two years to find stocks with enterprise multiples lower than those of peers and a projected annual earnings growth of at least 10% (see table).
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So Mortgage.com might warrant a revenue multiple lower than the current 4.5.
At $16 a share, Compaq trades at less than 14 times the earnings she projects for next year, a multiple far lower than the approximately 25 of the S.& P. Another undervalued stock, she said, is Motorola, the No. 2 maker of wireless handsets, behind Nokia.
"While the p/e multiple is lower than historical levels, general market sentiment towards traditional asset managers together with management's cautious outlook does not support a re-rating in the near term and we retain our hold recommendation," he said.
Its enterprise multiple was lower than that of its peers.
But it's a tip-off to the weakness of the balance sheet that this ratio is higher than the P/E; for the vast majority of companies, the enterprise multiple is lower than the P/E.
Branches with Psim (permutational probability before correction for multiple testing) lower than 0.05 are shown.
Regimens employing a higher single dose of rectal artesunate were five times as likely to result in >90% parasite reductions at 24 hours than were multiple lower doses of rectal artesunate or than a single administration of artemether.
A single higher dose of rectal artesunate treatment was five times more likely to achieve >90% parasite reductions at 24 hours than were multiple lower doses of rectal artesunate, or a single lower dose administration of rectal artemether.
Both multiples are far lower than those of smaller lenders in India and Indonesia that are perceived to have better growth prospects or less suspect accounts.These modest valuations, and the apparent determination of the Chinese government to offer support come what may, means that the banks will probably still be able to raise some capital from outside.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com