With a BV of 20.56, which is probably increasing, it is unlikely that there could be anything other that a short term drop below BY (10% max). Average price to BV is about 1.5 times and has for the past ten years peaked at a level of at least 1.6 times.
Therefore, at a market price of 22.74 we have a downside of 21.56 and an upside of 34.50 (20.56 x 1.6). To recap, this is a downside of 1.18 v an upside of 11.76, or 9.97 upside to 1 downside.

I will take these odds.