Guaranty Trust Bank (GTB), Nigeria’s largest Bank by market capitalisation, trades at a price to earnings (PE) ratio of 4 and price to book (p/b) value of 1.4x, Zenith Bank the second largest by market capitalisation has a PE of 3, p/b value of 0.7x dividend yield of 15 percent.
The Nigerian Stoc
```
Members Only
Login or create an account to continue
This article is available to registered BusinessDay readers. Please login if you already have an account, or create a new account to continue reading.
New to BusinessDay? Register now and start reading.
```
