花旗集团市净率7年来首次达到1
Core Viewpoint - Citigroup's price-to-book ratio has reached 1 for the first time since September 2018, indicating that its market value is at least equal to its net asset value, reflecting significant progress in CEO Jane Fraser's transformation plan [1] Group 1: Company Performance - Under Jane Fraser's leadership, Citigroup has implemented measures such as upgrading back-end operations, layoffs, and exiting international retail business [1] - Analysts view the achievement of a price-to-book ratio of 1 as a critical milestone in the transition from "value destruction" to "value creation" for the company [1] - Citigroup's stock price has increased by 58% this year, outperforming all Wall Street peers [1]