Markel’s Earnings FY 2010 are out!
February 3rd, 2011
Markel Corporation (NYSE: MKL) published its FY and Q4 2010 Earnings Release!
So please head over to their Investor Relation Site!
Book Value/share was $326.36 at the end of FY 2010, an increase of 15,5% compared to book value of $282.55 at the end of FY 2009.
The stock market reacts favourably to these news on an overall weak day caused by the events in Egypt.
MKL is trading at $407 which translates into a price/book ratio of 1.2
…still not very expensive!
We will dig deeper into these numbers later on!
Cheers!
Categories: Stocks / Aktien