uploads///bpop pbv

How Has Popular Performed in a Competitive Market?

By

Oct. 26 2015, Published 3:27 p.m. ET

Popular and its peers

In this part of the series, we’ll compare Popular (BPOP) with its peers.

  • The forward PE (price-to-earnings) ratios of Popular (BPOP), Bank of Nova Scotia (BNS), BB&T (BBT), M&T Bank (MTB), and Bank of the Ozarks (OZRK) are 8.04x, 10.15x, 11.75x, 13.56x, and 21.01x, respectively.
  • The PBV (price-to-book value) ratios of Popular, Bank of Nova Scotia, BB&T, M&T Bank, and Bank of the Ozarks are 0.64x, 1.54x, 1.21x, 1.42x, and 3.65x, respectively.

  • The EPS (earnings per share) of Popular, Bank of Nova Scotia, BB&T, M&T Bank, and Bank of the Ozarks are $0.82, $1.45, $0.64, $2.10, and $0.52, respectively, in 3Q15.

Based on PE and PBV, Popular’s competitors have outperformed.

Article continues below advertisement

ETFs that invest in Popular

The First Trust NASDAQ ABA Community Bank ETF (QABA) invests 1.9% of its holdings in Popular. QABA tracks an index of NASDAQ-listed banks and thrifts, excluding the 50 largest.

The SPDR S&P Bank ETF (KBE) invests 1.7% of its holdings in Popular. The ETF tracks an equal-weighted index of US banking firms.

The SPDR S&P Regional Banking ETF (KRE) invests 1.5% of its holdings in Popular. The ETF tracks an equal-weighted index of US regional banking stocks.

How does Popular compare to its ETFs?

Now let’s compare Popular to the ETFs that invest in it.

  • The year-to-date price movements of Popular, QABA, KBE, and KRE are -10.7%, 7.5%, 2.8%, and 4.9%, respectively.
  • The PE ratios of Popular, QABA, KBE, and KRE are 4.21x, 17.00x, 14.01x, and 15.38x, respectively.
  • The PBV ratios of Popular, QABA, KBE, and KRE are 0.64x, 1.39x, 1.21x, and 1.26x, respectively.

The ETFs have outperformed Popular based on price movement, PE, and PBV.

Advertisement

More From Market Realist

    • CONNECT with Market Realist
    • Link to Facebook
    • Link to Twitter
    • Link to Instagram
    • Link to Email Subscribe
    Market Realist Logo
    Do Not Sell My Personal Information

    © Copyright 2021 Market Realist. Market Realist is a registered trademark. All Rights Reserved. People may receive compensation for some links to products and services on this website. Offers may be subject to change without notice.