5 Mid-Cap NYSE Stocks with Lowest P/B Ratio (CM, RF, GNW, S, MIR)

Below are interesting mid-cap stocks on the NYSE that have lowest price to book ratio.

Canadian Imperial Bank of Commerce (NYSE: CM) has the price to book ratio of 0.292 and a market capitalization of $2.99 billion. CM has total cash of $50 billion.

Regions Financial Corp (NYSE: RF) has the price to book ratio of 0.038 and a market capitalization of $5.71 billion. UBS initiated coverage of RF with a “neutral” rating.

Genworth Financial Inc (NYSE: GNW) has the price to book ratio of 0.44 and a market capitalization of $5.58 billion. Deutsche Securities upgraded GNW from “hold” to ”buy.”

Sprint Nextel Corp (NYSE: S) has the price to book ratio of 0.48 and a market capitalization of $8.98 billion. Credit Suisse initiated coverage of S with a “neutral” rating.

Mirant Corporation (NYSE: MIR) has the price to book ratio of 0.48 and a market capitalization of $2.15 billion. RBC Capital Markets upgraded MIR from “underperform” to “sector perform.”