Lowest Price to Book Ratio in the Regional Banks Industry Detected in Shares of Oriental Financial Group (OFG, CIT, BPOP, RF, TBBK)
Below are the three companies in the Regional Banks industry with the lowest price to book ratios. Often companies with the lowest ratio present the greatest value to investors.
Oriental Financial Group ranks lowest with a a price to book ratio of 0.47. Following is CIT Group with a a price to book ratio of 0.68. Banco Popular ranks third lowest with a a price to book ratio of 0.78.
Regions Financial follows with a a price to book ratio of 0.84, and Bancorp rounds out the bottom five with a a price to book ratio of 0.84.
SmarTrend recommended that subscribers consider buying shares of Bancorp on August 25th, 2016 as our technology indicated a new Uptrend was in progress when shares hit $5.85. Since that recommendation, shares of Bancorp have risen 18.8%. We continue to monitor Bancorp for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.
Keywords: lowest price to book ratio oriental financial group CIT Group banco popular regions financial bancorp