VODAFONE trade at 25% over BOOK value vs VZ at 4X Book value???
Valuation - VOD sells for just 25% over book value. For comparison, Verizon sells at over 4x book value and AT&T (T) sells for more than 2x book value. VOD yields just under 5.5% based on 2012's dividend payouts. Despite the juicy dividend, the stock sells at just over 11x forward earnings.