• Return to Headlines

Shares of Banco Latinoamericano de Exportaciones Rank the Highest in Terms of Enterprise Value to Sales Ratio in the Diversified Banks Industry (BLX, C, USB, BAC, WFC)

By James Quinn

Below are the three companies in the Diversified Banks industry with the highest Enterprise Value (EV) to Sales ratios. EV/Sales gives investors an idea of how much it costs to buy the company's sales and the lower the ratio, the more undervalued the company is believed to be.

Banco Latinoamericano de Exportaciones ranks highest with a EV/Sales of 16.77. Citigroup is next with a EV/Sales of 7.30. US Bancorp ranks third highest with a EV/Sales of 5.78.

Bank of America follows with a EV/Sales of 3.36, and Wells Fargo rounds out the top five with a EV/Sales of 2.86.

SmarTrend recommended that subscribers consider buying shares of Bank of America on March 2nd, 2016 as our technology indicated a new Uptrend was in progress when shares hit $13.32. Since that recommendation, shares of Bank of America have risen 7.7%. We continue to monitor Bank of America for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.

Keywords: highest enterprise value to sales ratio banco latinoamericano de exportaciones Citigroup us bancorp Bank of america wells fargo

Ticker(s): BLX C USB BAC WFC