Over the last two years, shares of the Ohio-based regional bank KeyCorp (NYSE:KEY) have been on a tear, shooting up by nearly 75%. Despite this, it continues to trade for only 1.1 times book value, a reasonable multiple by any measure. In the video below, Motley Fool contributor John Maxfield discusses whether or not investors should interpret this as a "buy" signal.

John Maxfield has no position in any stocks mentioned. The Motley Fool owns shares of KeyCorp. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.