Shares of Credicorp Rank the Lowest in Terms of Forward P/E Ratio in the Diversified Banks Industry (BAP, C, BLX, BAC, WFC)
Below are the three companies in the Diversified Banks industry with the lowest forward price to earnings (P/E) ratios. Forward P/E uses estimated earnings to compare relative value among companies in the same industry. Generally, the lower the forward P/E, the more undervalued a company is believed to be.
Credicorp ranks lowest with a a forward P/E ratio of 3.64. Following is Citigroup with a a forward P/E ratio of 8.15. Banco Latinoamericano de Exportaciones ranks third lowest with a a forward P/E ratio of 9.28.
Bank of America follows with a a forward P/E ratio of 9.87, and Wells Fargo rounds out the bottom five with a a forward P/E ratio of 10.35.
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Keywords: lowest forward p/e ratio credicorp Citigroup banco latinoamericano de exportaciones Bank of america wells fargo