Relatively Low Price to Book Ratio Detected in Shares of Oppenheimer Holdings in the Investment Banking & Brokerage Industry (OPY, COWN, PJC, MS, GS)
Below are the three companies in the Investment Banking & Brokerage industry with the lowest price to book ratios. Often companies with the lowest ratio present the greatest value to investors.
Oppenheimer Holdings ranks lowest with a a price to book ratio of 0.40. Following is Cowen Group with a a price to book ratio of 0.54. Piper Jaffray ranks third lowest with a a price to book ratio of 0.69.
Morgan Stanley follows with a a price to book ratio of 0.72, and Goldman Sachs Group rounds out the bottom five with a a price to book ratio of 0.82.
SmarTrend recommended that its subscribers protect gains by selling shares of Goldman Sachs Group on May 16th, 2016 by issuing a Downtrend alert when the shares were trading at $155.75. Since that call, shares of Goldman Sachs Group have fallen 6.2%. We are now looking for when a new Uptrend will commence and will alert SmarTrend subscribers in real time.
Keywords: lowest price to book ratio oppenheimer holdings cowen group piper jaffray Morgan Stanley goldman sachs group