Zacks reports that SmarTrend says of the five companies in the home building industry with the highest Price to Last Quarter Annualized (LQA) Sales ratios, Cavco Industries (NASDAQ:CVCO) ranks third with a Price LQA Sales of 1.46x.  The formula is used to compare comparable companies and the lower the ratio, the more a company is undervalued.  Toll Brothers (NYSE:TOL) ranked number one with a ratio of 2.70, and Lennar (NYSE:LEN) was number five with a ratio of 1.01.  SmarTrend simultaneously analyzes 5,000 securities each trading day.