New Zealand markets closed
  • NZX 50

    11,884.50
    -48.67 (-0.41%)
     
  • NZD/USD

    0.6261
    -0.0004 (-0.06%)
     
  • NZD/EUR

    0.5768
    +0.0031 (+0.54%)
     
  • ALL ORDS

    7,373.30
    +60.90 (+0.83%)
     
  • ASX 200

    7,177.80
    +55.50 (+0.78%)
     
  • OIL

    75.70
    +1.33 (+1.79%)
     
  • GOLD

    1,987.00
    -10.70 (-0.54%)
     
  • NASDAQ

    13,181.35
    +218.21 (+1.68%)
     
  • FTSE

    7,631.74
    +11.31 (+0.15%)
     
  • Dow Jones

    33,274.15
    +415.12 (+1.26%)
     
  • DAX

    15,628.84
    +106.44 (+0.69%)
     
  • Hang Seng

    20,400.11
    +90.98 (+0.45%)
     
  • NIKKEI 225

    28,041.48
    +258.55 (+0.93%)
     
  • NZD/JPY

    83.1210
    +0.0380 (+0.05%)
     

Capital One May Look Cheap, but I'm Not Buying

Capital One May Look Cheap, but I'm Not Buying

Up 30% from December's low, it would be easy to assume shares of Capital One Financial (NYSE: COF) are shaking off 2022's miserable performance. Further bolstering this bullish case for Capital One stock is its unusually low forward-looking price-to-earnings ratio of 7.6, one of the lowest among the major names of the financial sector, in fact. In the long run, Capital One Financial as a company will be fine.