Ctrip.com International Ltd. (NASDAQ:CTRP) kept active in under and overvalue discussion, CTRP holds price to book ratio of 2.42 that presents much better indicator to find market price of a share price over its book value of equity for investment valuation. In addition, the firm has price to earnings ratio of 81.44, which is authentic method to judge but not universal for all situation.
Fundament/ News Factor in Focus
Ctrip.com International, Ltd. (CTRP) revealed the pricing of US$900 million in aggregate principal amount of convertible senior notes due 2022. The Notes were offered to qualified institutional buyers pursuant to Rule 144A under the United States Securities Act of 1933, as amended, and certain non-U.S. persons in compliance with Regulation S under the Securities Act. The Company has granted the initial purchasers a 30-day option to purchase up to an additional US$75 million principal amount of the Notes solely to cover over-allotments, if any. The Notes will be convertible into Ctrip’s American depositary shares, each representing as of the date of this press release 0.125 of an ordinary share of Ctrip, at the option of the holders, based on an initial conversion rate of 15.2688 of the Company’s ADSs per US$1,000 principal amount of Notes.
Taking look on ratio analysis, CTRP has forward price to earnings ratio of 97.44, compare to its price to earnings ratio of 81.44. Adding one more ration to find detail valuation of security, price to earnings growth ration that stands at 48.02. The co is presenting price to cash flow as 9.67 and the low single digit may indicate stock is undervalued and vise versa. On other hand, keeping in mind stable cash flows but few growth prospects make traders to value lower.
The firm has price volatility of 3.42% for a week and 2.32% for a month. Its beta stands at 1.46 times. Narrow down four to firm performance, its weekly performance was -9.84% and monthly performance was -3.05%.
WESCO International Inc. (NYSE:WCC) runs in leading trade, it jumping down -5.35% to traded at $57.86. WCC attains analyst recommendation of 2.60 on scale of 1-5 with week’s performance of -7.17%.
To find out the technical position of WCC, it holds price to book ratio of 1.26 that unearth high-growth companies selling at low-growth prices, but it requires appropriate measurement approach. It has forward price to earnings ratio of 13.55, and price to earnings ratio calculated as 14.16. The price to earnings growth ration calculated as 3.05. WCC is presenting price to cash flow of 15.02 and free cash flow concluded as 8.82.
EPS estimates indicating constrictive facts, the current year from sell-side analysts, Price to current year EPS stands at -19.20%, and looking further price to next year’s EPS is 7.56%. While take a short look on price to sales ratio, that was 0.32 and price to earning ration of 14.16 attracting passive investors.