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Are UK housebuilders a gift for value investors right now?
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Are UK housebuilders a gift for value investors right now?
A number of value investors have been taking an interest in UK stocks recently. And housebuilders in particular have been catching the eye of international fund managers. One example is Bellway (LSE:BWY). The stock is trading at a price-to-book (P/B) ratio below 1, but a look at the companyâs track record actually paints quite an impressive picture. UK housebuilding The UKâs long-term shortage of housing is well-documented. And within this p…
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