My other question regards intrinsic value and the current AAA corporate bond yield. I’m having some trouble figuring out which to go with. A lot of stocks I screened using the enterprising and NCAV screeners did post a lot of 100%+ intrinsic value stocks. But when I screened stocks myself using similar data points, I came with a larger list, some stocks including EVR and GNTX were listed and had a rating of 7 or above. How does one calculate that into the equation?
I did however find how to calculate today’s bond yield into P/E ratio and got this. 100/2.38=42.016. So I would assume in today’s market that we can invest into companies with up to a P/E ratio of 42?
I’m just a little confused as to what stocks on the screener now reflect such different P/Es and if there is a way to screen better.