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Relatively Low Price to Book Ratio Detected in Shares of Citigroup in the Diversified Banks Industry (C, BAC, BLX, JPM, WFC)

By James Quinn

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 0.86. Bank of America is next with a a price to book ratio of 0.97. Banco Latinoamericano de Exportaciones ranks third lowest with a a price to book ratio of 1.08.

JPMorgan Chase follows with a a price to book ratio of 1.35, and Wells Fargo rounds out the bottom five with a a price to book ratio of 1.54.

SmarTrend recommended that subscribers consider buying shares of Citigroup on February 14th, 2017 as our technology indicated a new Uptrend was in progress when shares hit $59.43. Since that recommendation, shares of Citigroup have risen 7.5%. We continue to monitor Citigroup 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 banco latinoamericano de exportaciones JPMorgan Chase wells fargo

Ticker(s): C BAC BLX JPM WFC