07-10-2021, 10:43 AM
(07-10-2021, 09:41 AM)ken-do-nim Wrote:(07-10-2021, 08:24 AM)EricL Wrote: Here are stocks that I currently show as near or below fair value from my portfolio.
ABBV, AMP, BDX, BMY, D, EOG, FLO, KMI, LMT, MO, PM, SRE, T, WBA
ABBV's P/E ratio is at 41.09; still high I think.
Depending on if you are using GAAP or non-GAAP earnings, trailing or projected earnings.
It's expected to earn $12.55 in non-GAAP in 2021, giving it a PE of 9.3.
It's expected to earn $7.67 in GAAP in 2021, giving it a PE of 15.2.
It had $10.56 in non-GAAP earnings in 2020, giving a PE of 11.0.
It earned $2.72 in GAAP in 2020, giving a PE of 42.9.
Three out of four measures show it trading at a substantial discount to the market, not to mention the near 4.5% yield.