price to sales ratio

PENGROWTH ENERGY CORP. $1.00 (Toronto symbol PGF; Aggressive Growth Portfolio, Resources sector; Shares outstanding: 552.3 million; Market cap: $552.3 million; Price-to-sales ratio: 1.0; Dividend suspended in January 2016; TSINetwork Rating: Speculative; www....

A new deal between OPEC, Russia and other big oil producers to limit output through the end of 2018 should help support current crude prices. That’s good news for Cenovus, which needs steady prices to pay down the debt it took on to gain full control of its two main oil sands properties....

LINAMAR CORP. $66 (Toronto symbol LNR; Aggressive Growth Portfolio, Manufacturing & Industry sector; Shares outstanding: 65.3 million; Market cap: $4.3 billion; Price-to-sales ratio: 0.7; Dividend yield: 0.7%; TSINetwork Rating: Average; www.linamar.com) makes a variety of automotive parts, including cylinder heads, cylinder blocks, camshafts, crankshafts and connecting rods....

HOME CAPITAL GROUP INC. $17 (Toronto symbol HCG; Aggressive Growth Portfolio, Finance sector; Shares outstanding: 80.3 million; Market cap: $1.4 billion; Price-to-sales ratio: 3.8; Dividend suspended in May 2017; TSINetwork Rating: Speculative; www.homecapital.com) is a mortgage lender serving borrowers who fail to meet the stricter standards of Canada’s big banks and other larger, traditional lenders.

In June 2017, the company agreed to settle charges by the Ontario Securities Commission (OSC) that it, along with key executives, failed to disclose concerns that some independent mortgage brokers falsified their clients’ annual incomes on loan applications.

As part of the deal with the OSC, Home Capital also agreed to settle a class-action lawsuit for $29.5 million....

CAE INC. $22 (Toronto symbol CAE; Conservative Growth Portfolio, Manufacturing & Industry sector; Shares outstanding: 268.3 million; Market cap: $5.9 billion; Price-to-sales ratio: 2.2; Dividend yield: 1.6%; TSINetwork Rating: Average; www.cae.com) is the world’s largest maker of flight simulators....

While TD (see page 1) is our favourite for new buying, we also like the outlook for Canada’s other big banks. We advise all Canadian investors to hold at least three of them.

Like TD, the remaining four banks trade at attractive multiples to their improved earnings; each should also continue to increase its dividend....

ENBRIDGE INC. $49 (Toronto symbol ENB; Conservative Growth and Income Portfolios, Utilities sector; Shares outstanding: 1.6 billion; Market cap: $78.4 billion; Price-to-sales ratio: 2.0; Dividend yield: 5.5%; TSINetwork Rating: Above Average; www.enbridge.com) operates pipelines that pump oil and natural gas from Western Canada to eastern Canada and the U.S....

Thanks to a series of acquisitions, TD now has the broadest U.S. exposure of any Canadian big bank. In fact, it now has more branches south of the border than in its home market.

Unlike Canada, the U.S. has hundreds of smaller banks. TD’s strong earnings put it in a position to keep adding more of those firms to its American operations....

If you want to determine stock valuation on your own, try using price-to-sales, price/earnings, and price-to-book-value ratios

GANNETT CO., INC. $12 (New York symbol GCI; Conservative Growth Portfolio, Consumer sector: Shares outstanding: 111.8 million; Market cap: $1.3 billion; Price-to-sales ratio: 0.4; Dividend yield: 5.3%; TSINetwork Rating: Average; www.gannett.com) publishes over 100 U.S....