
Procter is the most Global of Global companies. They invented modern marketing and own brands in every continent:
I have been looking at Procter for years. Procter owns World’s top brands, ranging from Gillette to Pampers, from Duracell to Pringles, from Oral-B to Tampax ( 🙂 )
It was always too expensive for me. I simply could not afford its old P/E ratios.
Now, “thanks” to this crisis, PG shares are priced very reasonably:
P/E = 11.78
Forward P/E = 12.5
Both numbers seem excellent.
P&G even offers a juicy dividend:
Forward Annual Dividend Yield : 3.10%
It is highly likely that Procter and Gamble will be my choice for February stock investment.
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