Is the Treasury Wine Estates share price good value at $10.61?

Treasury Wine Estates (ASX:TWE) is a large cap in the Beverages industry. The group is engaged in grape growing and sourcing; wine production, and wine marketing, selling and distribution.

Right now the Treasury Wine Estates share price appears to represent solid value, as shown in the group's Value Rank of 52. Let's explore this in more detail.

Digging into Treasury Wine Estates' Value Rank

Looking at Treasury Wine Estates's StockReport, we can see that the group has a:

• Rolling price to book value of 2.06,
• Trailing twelve month price to earnings ratio of 16.1
• Trailing twelve month price to free cashflow of 21.8
• Rolling dividend yield of 3.49%
• Trailing twelve-month price to sales ratio of 2.62

This combination of financial traits suggests that, while Treasury Wine Estates 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 Treasury Wine Estates that you can find out about here.