New Threads Only:  Add to Google Reader or Homepage
New Threads & Replies:  Add to Google Reader or Homepage
Forums are for serious investors only. GuruFocus Forum Rules.

Forum List » Guru News and Commentaries
Guru News, Stock picks and commentaries
New Topic
Goto Thread: PreviousNext
Goto: Forum ListMessage ListNew TopicLog In
Comment for Wells Fargo & Company News, Research and Articles --GuruFocus.com
Posted by: goforit (IP Logged)
Date: October 6, 2012 10:13AM

The summary page for Wells Fargo (WFG) indicates that it has a P/B of 1.3 and that “WFC’s P/B is ranked lower than 65% of the 578 companies in the industry (Industry median of 1 vs. WFC 1.3)”

The summary page for Bank of America (BAC) indicates that it has a P/B of 0.4 and that “BAC’s P/B is ranked higher than 96% of the 578 companies in the industry (Industry median of 1 vs. BAC 0.4)”

Can someone reconcile those two statements for me?


Stocks Discussed: WFC,
Rate this post:

Rating: 4.0/5 (6 votes)





Sorry, only registered users may post in this forum.

Please Login if you have an account or Create a Free Account if you don't
Get WordPress Plugins for easy affiliate links on Stock Tickers and Guru Names | Earn affiliate commissions by embedding GuruFocus Charts
GuruFocus Affiliate Program: Earn up to $400 per referral. ( Learn More)
Free 7-day Trial
FEEDBACK