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PE or PB chart to value Singapore Banks

Questions › Category: Investor Psychology › PE or PB chart to value Singapore Banks
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Edmund Toh asked 2 years ago

hi victor,
can you kindly advise me on whether i should be looking at a PE or PB chart in valuing Singapore bank stocks?
and why?
Thanks,
Edmund

1 Answers
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Victor Chng answered 2 years ago

Hi Edmund,
 
Banks are asset type of company so you have to use PB instead of PE to value them. 

Edmund Toh replied 2 years ago

Thanks victor

Victor Chng replied 2 years ago

Welcome :)