SCG

Principles of Valuation Part 1: Price Is What You Pay, Value Is What You Get

Why have these three stocks historically commanded approximately the same True Worth™ price earnings ratio? SCANA Corp. (SCG), a public utility, has a historical earnings growth rate averaging 3.2% per annum, VF Corp. (VFC), an apparel manufacturer, has a historical earnings growth rate averaging 7.4%, and United Technologies Corp. (UTX), an aerospace and technology conglomerate, …