Shareholders equity is interesting but the least of all factors investors should look at . The true test of any business is how much cash it generates and returns to investors . In that regard Israel's banks are actually cheap despite the run up in share price. A longer term chart demonstrates share prices are still much lower than all time highs . And the banks are better today than they were then. As far as " big money " is concerned there had been substantial selling at the 12 to 16 shekel level . Many times for personal , repayment of large loans , reasons. Prices have moved strongly since then. And the dividend growth rate for the top banks has been significant as has been the tax reduction on dividends . All things considered , for the long term investor . Israel's banks represent an outstanding investment and are still quite reasonably priced.
Hello user Logout | profile
You have watched of 10 articles
Assailant attempts to shoot prominent Turkish journalist on trial for spying charges (Reuters)
from the article: Are Israel's banks overpriced?