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Is Cementos Pacasmayo (CPAC) a Great Value Stock Right Now?
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Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
Considering these trends, value investing is clearly one of the most preferred ways to find strong stocks in any type of market. Value investors use tried-and-true metrics and fundamental analysis to find companies that they believe are undervalued at their current share price levels.
In addition to the Zacks Rank, investors looking for stocks with specific traits can utilize our Style Scores system. Of course, value investors will be most interested in the system's "Value" category. Stocks with "A" grades for Value and high Zacks Ranks are among the best value stocks available at any given moment.
Cementos Pacasmayo (CPAC - Free Report) is a stock many investors are watching right now. CPAC is currently holding a Zacks Rank of #2 (Buy) and a Value grade of A. The stock is trading with P/E ratio of 8.34 right now. For comparison, its industry sports an average P/E of 15.23. Over the past 52 weeks, CPAC's Forward P/E has been as high as 19.17 and as low as 7.07, with a median of 14.33.
Value investors also use the P/S ratio. The P/S ratio is is calculated as price divided by sales. This is a popular metric because sales are harder to manipulate on an income statement, so they are often considered a better performance indicator. CPAC has a P/S ratio of 0.81. This compares to its industry's average P/S of 2.08.
These are just a handful of the figures considered in Cementos Pacasmayo's great Value grade. Still, they help show that the stock is likely being undervalued at the moment. Add this to the strength of its earnings outlook, and we can clearly see that CPAC is an impressive value stock right now.
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Is Cementos Pacasmayo (CPAC) a Great Value Stock Right Now?
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
Considering these trends, value investing is clearly one of the most preferred ways to find strong stocks in any type of market. Value investors use tried-and-true metrics and fundamental analysis to find companies that they believe are undervalued at their current share price levels.
In addition to the Zacks Rank, investors looking for stocks with specific traits can utilize our Style Scores system. Of course, value investors will be most interested in the system's "Value" category. Stocks with "A" grades for Value and high Zacks Ranks are among the best value stocks available at any given moment.
Cementos Pacasmayo (CPAC - Free Report) is a stock many investors are watching right now. CPAC is currently holding a Zacks Rank of #2 (Buy) and a Value grade of A. The stock is trading with P/E ratio of 8.34 right now. For comparison, its industry sports an average P/E of 15.23. Over the past 52 weeks, CPAC's Forward P/E has been as high as 19.17 and as low as 7.07, with a median of 14.33.
Value investors also use the P/S ratio. The P/S ratio is is calculated as price divided by sales. This is a popular metric because sales are harder to manipulate on an income statement, so they are often considered a better performance indicator. CPAC has a P/S ratio of 0.81. This compares to its industry's average P/S of 2.08.
These are just a handful of the figures considered in Cementos Pacasmayo's great Value grade. Still, they help show that the stock is likely being undervalued at the moment. Add this to the strength of its earnings outlook, and we can clearly see that CPAC is an impressive value stock right now.