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Is Peoples Bancorp (PEBO) a Great Value Stock Right Now?

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The proven Zacks Rank system focuses on earnings estimates and estimate revisions to find winning stocks. Nevertheless, we know that our readers all have their own perspectives, so we are always looking at the latest trends in value, growth, and momentum to find strong picks.

Of these, perhaps no stock market trend is more popular than value investing, which is a strategy that has proven to be successful in all sorts of market environments. Value investors rely on traditional forms of analysis on key valuation metrics to find stocks that they believe are undervalued, leaving room for profits.

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.

One company value investors might notice is Peoples Bancorp (PEBO - Free Report) . PEBO is currently holding a Zacks Rank of #2 (Buy) and a Value grade of A. The stock holds a P/E ratio of 9.29, while its industry has an average P/E of 11.04. PEBO's Forward P/E has been as high as 18.83 and as low as 9.16, with a median of 11.57, all within the past year.

Another valuation metric that we should highlight is PEBO's P/B ratio of 1.02. Investors use the P/B ratio to look at a stock's market value versus its book value, which is defined as total assets minus total liabilities. PEBO's current P/B looks attractive when compared to its industry's average P/B of 1.97. PEBO's P/B has been as high as 1.15 and as low as 0.94, with a median of 1.07, over the past year.

Finally, investors should note that PEBO has a P/CF ratio of 11.83. This figure highlights a company's operating cash flow and can be used to find firms that are undervalued when considering their impressive cash outlook. This stock's P/CF looks attractive against its industry's average P/CF of 15.89. Over the past year, PEBO's P/CF has been as high as 13.14 and as low as 6.63, with a median of 9.88.

These figures are just a handful of the metrics value investors tend to look at, but they help show that Peoples Bancorp is likely being undervalued right now. Considering this, as well as the strength of its earnings outlook, PEBO feels like a great value stock at the moment.


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