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Is the Barratt Developments share price (LON:BDEV) good value at 793.6p?

Jack Brumby

Barratt Developments (LON:BDEV) is a large cap in the Homebuilding & Construction Supplies industry. The Company is principally engaged in acquiring and developing land, planning, designing and constructing residential property developments and selling the homes, which it builds throughout Britain.

Right now the Barratt Developments share price appears to represent solid value, as shown in the group's Value Rank of 66. Let's explore this in more detail.


Digging into Barratt Developments's Value Rank

Looking at Barratt Developments's StockReport, we can see that the group has a:

  • Rolling price to book value of 1.66,
  • Trailing twelve month price to earnings ratio of 10.9
  • Trailing twelve month price to free cashflow of 22.8
  • Rolling dividend yield of 4.90%
  • Trailing twelve-month price to sales ratio of 1.70

This combination of financial traits suggests that, while Barratt Developments stock is not the cheapest, it is far from expensive at these levels and is worth considering - especially if it is exposed to other positive stock market factors as well.

Studies indicate that combining factors such as Value, Quality and Momentum is a more effective way of outperforming the market over longer time frames. That's why we have constructed our StockReports to give an instant impression of how well exposed Barratt Developments (LON:BDEV) is to these three factors. We go into greater detail on factor investing in this video

Stockopedia helps you to identify return-enhancing factors such as Quality, Value and Momentum by analysing thousands of data points every day. To find out more about you find investment opportunities and analyse your portfolios then take one of our two-week free trials and have a look around.