From what little I know, banking is a complex business, and I don’t think looking at financial metrics is not the correct approach. Unlike with a lot of businesses, where we could asses the businesses by first looking at the metrics, banking should be looked at the business first. Also PE is not the default metric used while analyzing financial businesses, it is PB.
A basket approach can be followed, if one is sure about a sector’s performance. ETFs are another option.
Not invested in banks.
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