JHVEPhoto In the short run, the market is a voting machine but in the long run, it is a weighing machine This famous quote by Benjamin Graham, in my view, is very much applicable to Barclays (NYSE:BCS) as well. The improvement in the underlying sustainable performance of Barclays is evident, however, the share price has not yet caught up to it. Barclays Investor Relations Barclays is now still trading at ~0.5x tangible book value, even though it is generating RoTE >10% and targets to deliver at least 12% Ro ...