Guest bengrahamofthenorth Posted December 14, 2011 Share Posted December 14, 2011 Given all the talk about a Canadian housing bubble, has anybody looked at equitable group (TSX:ETC). I was trying to determine impairments given an XX% decline in housing prices. Non-CMHC insured loans only have an allowance of .53%. I can't find any info on their loan to value ratios. Anybody done any work? Link to comment Share on other sites More sharing options...
Guest notorious546 Posted January 13, 2016 Share Posted January 13, 2016 Given all the talk about a Canadian housing bubble, has anybody looked at equitable group (TSX:ETC). I was trying to determine impairments given an XX% decline in housing prices. Non-CMHC insured loans only have an allowance of .53%. I can't find any info on their loan to value ratios. Anybody done any work? stock trades quite cheap ~1.1 book value, maybe 7x 2016e earnings. anyone looked at this recently. Link to comment Share on other sites More sharing options...
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