For the first time since September 2018, investors believe that Citigroup's transaction value is at least equal to the sum of the value of its various assets. This is certainly a boost for CEO Jane Fraser, who is moving ahead with a reform plan to reverse the losses. Citi's market capitalization returned to a flat level compared to the value of its assets on Friday, indicating that the bank is gradually breaking away from its backward position. The net market ratio is a valuation indicator that bank investors pay close attention to. Since regulators attach great importance to book value, and banks' business models may cause profits to fluctuate greatly, compared to indicators such as price-earnings ratios commonly used in other industries, the net price-earnings ratio can provide a more stable reference for those investing in the banking industry.

For the first time since September 2018, investors believe that Citigroup's transaction value is at least equal to the sum of the value of its various assets. This is certainly a boost for CEO Jane Fraser, who is moving ahead with a reform plan to reverse the losses. Citi's market capitalization returned to a flat level compared to the value of its assets on Friday, indicating that the bank is gradually breaking away from its backward position. The net market ratio is a valuation indicator that bank investors pay close attention to. Since regulators attach great importance to book value, and banks' business models may cause profits to fluctuate greatly, compared to indicators such as price-earnings ratios commonly used in other industries, the net price-earnings ratio can provide a more stable reference for those investing in the banking industry.