Hi Serenity,
I realized that Grahams's criteria can not be used to find (undervalued) banks, because of the missing values within the balance sheet for e.g. calculating the current ratio or sales etc.
Do you have any idea how to bypass this problem?
The advanced screener is able to ignore those criteria, but what to apply instead?
In short: How to screen undervalued banks and financial institutes?
Regards,
MrSmith
Submitted by MrSmith. Created on Saturday 7th March 2015. Updated on Wednesday 6th March 2019.
Equity ÷ Debt rating
The additional Equity ÷ Debt rating, when used in combination with the other Graham criteria, will allow for the evaluation of Public-Utilities and Financial Enterprises.
For details, please see Benjamin Graham, Public-Utilities and Financial Enterprises.