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Jim Cramer Reveals a Key Valuation Metric for Citigroup

What's next for Citigroup shares?
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TheStreet's Action Alerts PLUS Portfolio Manager Jim Cramer said Citigroup (C) - Get Citigroup Inc. Report is the cheapest of the major banks on a tangible book value basis.

"In other words, if you close the door, how much cash do they have?" he said. 

The stock is a holding of Action Alerts PLUS and Cramer will speak to CEO Michael Corbat on Thursday's edition of CNBC's Mad Money. 

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