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Relatively Good Investment Opportunity Detected in Shares of Intervest Bancshares in the Diversified Banks Industry (IBCA, WFC, CMA, USB, BLX)

Written on Fri, 07/23/2010 - 3:29am
By Chip Brian

Below are the top five companies in the Diversified Banks industry as measured by the price to sales per share ratio. Often companies with the lowest ratio present the greatest value to investors.
Intervest Bancshares (NASDAQ:IBCA) has a price/sales ratio of 0.22x based on a current price of $3.29 and trailing 12-month sales per share of $15.06.
Wells Fargo (NYSE:WFC) has a price/sales ratio of 1.33x based on a current price of $27.39 and trailing 12-month sales per share of $20.63.
Comerica (NYSE:CMA) has a price/sales ratio of 1.87x based on a current price of $37.34 and trailing 12-month sales per share of $20.
US Bancorp (NYSE:USB) has a price/sales ratio of 2.22x based on a current price of $23.66 and trailing 12-month sales per share of $10.66.
Banco Latinoamericano de Exportaciones (NYSE:BLX) has a price/sales ratio of 3.31x based on a current price of $12.77 and trailing 12-month sales per share of $3.85.
SmarTrend is bearish on shares of IBCA and our subscribers were alerted to Sell on May 21, 2010 at $5.12. The stock has fallen 35.7% since the alert was issued.

Keywords: intervest bancshares price to sales ratio

Ticker(s): IBCA WFC CMA USB BLX

Contact Chip Brian



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