Relevant articles citigroup stock is down 49% in 2020, how low can it go. Banks are priced in on a pricetobook and pricetoadjustedbook basis. Leverage shares 2x citigroup etp securities investegate 6d. Historical daily share price chart and data for citigroup since 1977 adjusted for splits. Citigroup trades at book value and under 10 times earnings. Why citigroups shares are still trading at a discount to. The book value of equity represents the equity of shareholders from a balance sheet perspective less the preferred stock.
In depth view into citigroup book value per share including historical data from 1986, charts, stats and industry comps. Because the majority of stocks that trade below book value in a bull market are value traps and not value. Sep 17, 2018 the rest of citigroup s peer group, i. During the past 12 months, citigroups average book value per share growth rate was 10. Oct 21, 2017 in citigroup s case, its stock trades for 0. After topping that level during the first quarter of 2018, citigroup stock is back. Citigroup shares fall to half book value thestreet. The average bank stock on the kbw bank index is valued at 1. For the components of the calculation, see appendix a. If book value per share is higher than the currently traded stock price, the company can be considered undervalued. New york stock quote citigroup inc bloomberg markets. The book value shown is as reported by individual banks at the end of q1 2017.
New york including stock price, stock chart, company news, key statistics, fundamentals and company profile. A few analysts weighed in on citigroup prior to the report. First of all, when an investor decides to invest in the company, she needs to know how much she needs to pay for a share of the net asset value per share. For the composition of citigroup s slr, see appendix d.
What to expect when goldman sachs and citigroup report. Citi is only major bank stock to trade below book value. In depth view into citigroup book value per share explanation, calculation, historical data and. C is the only one whose price remains below its book value.
During the past 12 months, citigroup s average book value per share growth rate was 10. For the composition of citigroups slr, see appendix d. In this scenario, the socalled pricetobook pb ratio is applied with a banks stock price compared to. Jul 11, 2018 finding value stocks in a bull market is rare. Apr 23, 2019 citigroup trades at book value and under 10 times earnings. You calculate this by dividing a banks price per share by its book value per share. Price to book value formula how to calculate pb ratio. View realtime stock prices and stock quotes for a full financial overview. The book value is essentially the tangible accounting value of a firm. The latest closing stock price for citigroup as of february 21, 2020 is 76. Nyse composite index mini value new methodology 1,5.
Date, stock price, book value per share, price to book ratio. The alltime high citigroup stock closing price was 588. In our opinion, there are two distinct reasons why citigroups shares havent yet reached their book value. What explains the bargainbasement valuation of citi stock. First quarter 2019 results and key metrics citigroup. Price to book value is a valuation ratio that is measured by stock price book value per share. Citigroup trades on the new york stock exchange nyse under the ticker symbol c. C stock citigroup stock price today markets insider. If citigroup was trading at a similar level, citi stock would be. Diversified industry, the price to book for all stocks is 90. During the past 3 years, the average book value per share growth rate was 3. These returns cover a period from january 1, 1988 through august 5, 2019. The top of the citigroup building in londons canary wharf. After topping that level during the first quarter of.
Historical price to book ratio values for citigroup c over the last 10 years. Citigroup inc price tangible book value chart for c koyfin. Find the latest book value per share for citigroup inc c. The valuation of citigroup stock is quite attractive nasdaq.
C free report stock into this equation and find out if it is a good choice for valueoriented investors right now, or if investors subscribing to this methodology. Citigroup price to book ratio 20062020 c macrotrends. Zacks rank stockrating system returns are computed monthly based on the beginning of the month and end of the month zacks rank stock prices. First of all, when an investor decides to invest in the company, she needs to know how much she needs to pay for. Jun 28, 2019 citi is trading at tangible book value and at an incredibly attractive earnings multiple. Citigroup comes across as reasonably priced based on this.
During the past years, the highest 3year average book value per share growth rate of citigroup was 60. The book value is essentially the tangible accounting value of a firm compared to the market value that is shown. C, including valuation measures, fiscal year financial statistics, trading record, share statistics and more. Lets see how it does in our automated value investing analysis system. Citigroup is now trading at a pricetobook multiple of 0. Koyfin provides free tools to help investors research stocks and other asset classes through dashboards and charting. Corresponding common stock outstanding numbers are 3,099. In this scenario, the socalled priceto book pb ratio is applied with a banks stock price compared to equity book value per share. Citigroups geographically diversified business model is.
Book value per share is a good measure to value bank stocks. Citigroup is the only major bank trading below book value. Oct 20, 2018 book value per share is a good measure to value bank stocks. However, investors must be aware that conventional calculation of book value does not include intangible assets such as goodwill, intellectual property, trademarks or brands and may not be an appropriate measure for many firms. Citigroup price to book ratio is mostly used in financial services industries where. Book value per share is a widely used stock evaluation measure. Second quarter 2018 results and key metrics citigroup.
May 25, 2017 in our opinion, there are two distinct reasons why citigroups shares havent yet reached their book value. Citigroups geographically diversified business model is likely to gain less from. Citigroup declared a quarterly dividend on wednesday, january 15th. Moodys daily credit risk score is a 110 score of a companys credit risk, based on an analysis of the firms balance sheet and inputs from the stock market. The conventional way to measure a bank stocks valuation is to use the pricetobook value ratio. The score provides a forwardlooking, oneyear measure of credit risk, allowing investors to make better decisions and streamline their work ow. The current price to book ratio for citigroup as of may 08, 2020 is 0. Its important to appreciate that just because citigroups stock trades at a lower valuation than the typical bank stock in terms of the pricetobook value and pricetoearnings ratios doesnt mean that its share price wont.
Book value is a widely used stock evaluation measure. Citigroup 43 year stock price history c macrotrends. C stock quote, history, news and other vital information to help you with your stock trading and investing. Citigroups book value per share for the quarter that ended in dec.
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