Central Pet and Garden: Gem Of A Stock [View article]
"The Book Value mentioned here, doesn't take into account CENT's special stock dividend back in early February. This also accounts for the author's mistaken p/e. It's a very misleading article. Unless somehow I am missing something."
Update: The above comment is correct, the seemingly fire sale P/E and book values do not yet take into account the stock dividend's effects. The post stock dividend P/E is approximately 17, while the post stock dividend calculus still finds the price trading at a (more modest) discount to the book value.
This is still a value stock but the recent numbers make it less so. Thank you for the corrections.
Central Pet and Garden: Gem Of A Stock [View article]
Update: The above comment is correct, the seemingly fire sale P/E and book values do not yet take into account the stock dividend's effects. The post stock dividend P/E is approximately 17, while the post stock dividend calculus still finds the price trading at a (more modest) discount to the book value.
This is still a value stock but the recent numbers make it less so. Thank you for the corrections.