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Where Wells Fargo Stands among Its Peers

Andrew Brunton
Where Wells Fargo Stands among Its Peers

The PBV (price-to-book value) ratio is considered the best multiple to value companies in the insurance, finance, and banking space that have a significant amount of liquid and tangible assets. The stock has less than a 1.0x PBV multiple, which is considered undervalued. Currently, Wells Fargo (WFC) trades at a PBV multiple of 1.39x, which is a significant premium to the industry average of ~1.48x.