Banco Santander, S.A. (SAN)

Market price: $12.47

5 valuation methods

• Dividend Discount Model (DDM): $3.09 to $5.08 (midpoint $3.85)
• P / E — normalized: $6.89 to $10.80 (midpoint $9.21)
• P / B: $10.56 to $17.02 (midpoint $13.59)
• P / E: $12.80 to $20.38 (midpoint $15.24)
• P / Tangible Book: $11.26 to $17.44 (midpoint $15.65)