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Shares of Credicorp Rank the Lowest in Terms of Forward P/E Ratio in the Diversified Banks Industry (BAP, C, BLX, BAC, WFC)

By Amy Schwartz

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

Ticker(s): BAP C BLX BAC WFC