Is the Wm Morrison Supermarkets share price good value at 174p?

Wm Morrison Supermarkets (LON:MRW) is engaged in the operation of retail supermarket stores under the Morrisons brand and associated activities.

Right now the Wm Morrison Supermarkets share price appears to represent solid value, as shown in the group's Value Rank of 69. Let's explore this in more detail.

Digging into Morrison Supermarkets' Value Rank

Looking at Morrison Supermarkets' StockReport, we can see that the group has a:

• Rolling price to book value of 0.95,
• Trailing twelve month price to earnings ratio of 11.3
• Trailing twelve month price to free cashflow of 13.7
• No rolling dividend yield, and a
• Trailing twelve-month price to sales ratio of 0.25

This combination of financial traits suggests that, while Wm Morrison Supermarkets 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 Wm Morrison Supermarkets P L C that you can find out about here.