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

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.

What does this mean for potential investors?

Some of the best quality stocks in the market have defensible models that can deliver high levels of shareholder returns over the long term. But there are no guarantees and it's important to do your own research. Indeed, we've identified some areas of concern with Barratt Developments that you can find out about here.