T. Rowe Price is a long term compounder currently selling at a discounted valuation. The company went public in 1986 and has been a 100-bagger since its IPO; generating outstanding shareholder returns of 18% compounded annually since 1986 and trouncing any relevant benchmark. Today the stock is down 40% from its recent highs and selling for less than 10x earnings, a greater than 50% discount to its historical (and fair) valuation.
T. Rowe Price: Compounding Machine on Sale
T. Rowe Price: Compounding Machine on Sale
T. Rowe Price: Compounding Machine on Sale
T. Rowe Price is a long term compounder currently selling at a discounted valuation. The company went public in 1986 and has been a 100-bagger since its IPO; generating outstanding shareholder returns of 18% compounded annually since 1986 and trouncing any relevant benchmark. Today the stock is down 40% from its recent highs and selling for less than 10x earnings, a greater than 50% discount to its historical (and fair) valuation.