THREE BILLION-CAP STOCKS AT 50% DISCOUNT
There are currently three Singapore stocks, each with a market capitalization of more than $1 billion which are trading at less than 50% Price-to-Book ratio. Noble Group stock currently trades at 0.42 Price-to-Book. OUE stock currently trades at 0.46 Price-to-Book while Wing Tai Holding currently also trades at 0.46 Price-to-Book too. Of these three stocks, Wing Tai pays a dividends of 1.58%, OUE pays a dividends of 1.46%. Noble which had in the past paid dividend did not do so last year (year 2016).
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