Citigroup has the Lowest Price to Book Ratio in the Diversified Banks Industry (C, BAC, BAP, JPM, CMA)
Below are the three companies in the Diversified Banks industry with the lowest price to book ratios. Often companies with the lowest ratio present the greatest value to investors.
Citigroup ranks lowest with a a price to book ratio of 0.71. Following is Bank of America with a a price to book ratio of 0.73. Credicorp ranks third lowest with a a price to book ratio of 0.78.
JPMorgan Chase follows with a a price to book ratio of 1.13, and Comerica rounds out the bottom five with a a price to book ratio of 1.16.
SmarTrend recommended that subscribers consider buying shares of Comerica on July 14th, 2016 as our technology indicated a new Uptrend was in progress when shares hit $43.54. Since that recommendation, shares of Comerica have risen 10.4%. We continue to monitor Comerica for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.
Keywords: lowest price to book ratio Citigroup Bank of america credicorp JPMorgan Chase Comerica