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Top 5 Companies in the Diversified Banks Industry With the Highest Price to Last Quarter Annualized Sales Ratio (BLX, CMA, USB, JPM, WFC)

By Amy Schwartz

Below are the three companies in the Diversified Banks industry with the highest Price to Last Quarter Annualized (LQA) Sales ratios. Price/LQA Sales is a valuable metric used to compare comparable companies using the most recent sales data on an annualized basis. Generally, the lower the ratio, the more undervalued the company.

Banco Latinoamericano de Exportaciones ranks highest with a price to last quarter annualized sales ratio of 1.04. Comerica is next with a price to last quarter annualized sales ratio of 1.03. US Bancorp ranks third highest with a price to last quarter annualized sales ratio of 0.96.

JPMorgan Chase follows with a price to last quarter annualized sales ratio of 0.73, and Wells Fargo rounds out the top five with a price to last quarter annualized sales ratio of 0.71.

SmarTrend recommended that its subscribers protect gains by selling shares of Wells Fargo on March 22nd, 2017 by issuing a Downtrend alert when the shares were trading at $55.21. Since that call, shares of Wells Fargo have fallen 3.3%. We are now looking for when a new Uptrend will commence and will alert SmarTrend subscribers in real time.

Keywords: highest price to last quarter annualized sales ratio banco latinoamericano de exportaciones Comerica us bancorp JPMorgan Chase wells fargo

Ticker(s): BLX CMA USB JPM WFC