FinancialAdvisor's College Class (FACC)

[FinancialAdvisor]

***EXPOSING DJIA COMPONENTS THROUGH BOOK VALUE***

 
 Stock : Book Value : 03/18 Close : Ratio 
 AA      15.21         31.68        2.08 
 AIG     30.29         59.76        1.97 
 AXP     12.83         52.40        4.08 
 BA      13.56         57.16        4.22 
 C       20.82         46.85        2.25 
 CAT     21.77         96.40        4.43 
 DD      11.02         52.14        4.73 
 DIS     13.18         28.09        2.13 
 GE      10.41         35.88        3.38 
 GM      49.10         28.62         .58 
 HD      11.04         38.88        3.52 
 HON     13.24         38.42        2.90 
 HPQ     13.00         20.10        1.55 
 IBM     18.08         89.28        4.94 
 INTC     6.17         23.41        3.79 
 JNJ     10.71         67.25        6.28 
 JPM     29.61         36.01        1.22 
 KO       6.61         41.46        6.27 
 MCD     11.18         31.90        2.85 
 MMM     13.42         86.16        6.42 
 MO      14.91         64.72        4.34 
 MRK      7.83         32.04        4.09 
 MSFT     4.34         24.31        5.60 
 PFE      9.11         25.83        2.84 
 PG       7.29         53.40        7.33 
 SBC     12.27         23.35        1.90 
 UTX     27.41        103.75        3.79 
 VZ      13.56         35.15        2.59 
 WMT     11.62         51.45        4.43 
 XOM     15.90         62.65        3.94

The current average price to book value ratio is a staggering 3.68 for these all 30 of these Dow Jones Industrials components. That is pricing in significant future growth, is it not?