Credicorp has the Lowest Price to Forward Sales in the Diversified Banks Industry (BAP, BAC, C, JPM, WFC)
Below are the three companies in the Diversified Banks industry with the lowest price to forward sales ratios. The ratio shows how much Wall Street values every dollar of the company's future sales and is useful in comparing comparable companies. Generally the lower the ratio, the more attractive the investment.
Credicorp ranks lowest with a a price to forward sales ratio of 1.18. Bank of America is next with a a price to forward sales ratio of 1.83. Citigroup ranks third lowest with a a price to forward sales ratio of 1.83.
JPMorgan Chase follows with a a price to forward sales ratio of 2.41, and Wells Fargo rounds out the bottom five with a a price to forward sales ratio of 2.73.
SmarTrend recommended that subscribers consider buying shares of Credicorp on January 28th, 2016 as our technology indicated a new Uptrend was in progress when shares hit $97.30. Since that recommendation, shares of Credicorp have risen 64.3%. We continue to monitor Credicorp for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.
Keywords: lowest price to forward sales credicorp Bank of america Citigroup JPMorgan Chase wells fargo