Top 5 Companies in the Diversified Banks Industry With the Highest Price to Forward Sales (BLX, USB, CMA, WFC, JPM)
Below are the three companies in the Diversified Banks industry with the highest price to forward sales ratios. The ratio shows how much Wall Street values every dollar of the company's future sales and is useful in comparing comparable companies. Generally the lower the ratio, the more attractive the investment.
Banco Latinoamericano de Exportaciones ranks highest with a a price to forward sales ratio of 5.87. Following is US Bancorp with a a price to forward sales ratio of 3.55. Comerica ranks third highest with a a price to forward sales ratio of 2.91.
Wells Fargo follows with a a price to forward sales ratio of 2.46, and JPMorgan Chase rounds out the top five with a a price to forward sales ratio of 2.43.
SmarTrend recommended that subscribers consider buying shares of JPMorgan Chase on July 14th, 2016 as our technology indicated a new Uptrend was in progress when shares hit $64.51. Since that recommendation, shares of JPMorgan Chase have risen 3.2%. We continue to monitor JPMorgan Chase for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.
Keywords: highest price to forward sales banco latinoamericano de exportaciones us bancorp Comerica wells fargo JPMorgan Chase