Shares of Bank of America Rank the Lowest in Terms of Price to Book Ratio in the Diversified Banks Industry (BAC, C, BAP, CMA, JPM)
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.
Bank of America ranks lowest with a a price to book ratio of 0.63. Citigroup is next with a a price to book ratio of 0.65. Credicorp ranks third lowest with a a price to book ratio of 0.84.
Comerica follows with a a price to book ratio of 1.02, and JPMorgan Chase rounds out the bottom five with a a price to book ratio of 1.07.
SmarTrend recommended that subscribers consider buying shares of Credicorp on January 28th, 2016 as our technology indicated a new Uptrend was in progress when shares hit $97.30. Since that recommendation, shares of Credicorp have risen 60.4%. We continue to monitor Credicorp for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.
Keywords: lowest price to book ratio Bank of america Citigroup credicorp Comerica JPMorgan Chase