In response to my comment on TGA's low PER, a helpful soul sent me the names of two comparable USA firms - namely, Aaron's Inc (NYSE AAN) and Rent-A-Center Inc (NasdaqGS RCII).
These are both about tenfold the size of TGA. Apart from size, TGA is manifestly superior to AAN and RCII in terms of revenue growth, EPS growth, ROE, dividend returns and balance sheet strength. That said, AAN has a PER of about 18 on 2011 EPS, and about 13% of the target EPS for 2012, whereas RCII has a PER of 13 on its 2011 EPS. RCII is not expanding, but managing to grow its EPS via buying back shares and cancelling them. On the basis of relativity, it seems odd that TGA has such a low PER, and as I wrote a few days ago, the same relativity in respect to some ASX-listed companies applies.
You can check the metrics of the two USA companies at:
Annual Report
http://quote.morningstar.com/stock-filing/Annual-Report/2011/12/31/t.aspx?t=XNYS:AAN&ft=10-K&d=d4aaef4abf2e82e49ce8ed8bf6fe2712
http://quote.morningstar.com/stock-filing/Annual-Report/2011/12/31/t.aspx?t=XNAS:RCII&ft=10-K&d=f8ce2248c9002e9f942d30075c8598f1
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