I really like the company's experience, and I acknowledge they have a great set of financials, but do others here understand how fundmamentally overvalued this company is? I am calculating the book value under $3/share, and even with the phenomenal return on equity they are putting up, at the current share price I would not expect a statistical return of much better than 4%/year on the stock price.

On a growth basis, P/E is over 25, so pretty fairly valued already against growth.

If they came down substantially this would be a great buy and hold stock to add to a portfolio. They look pretty entrenched in their trading range though, and I guess they have a good growth driver with the tax credit.