We use cookies to understand how you use our site and to improve your experience. This includes personalizing content and advertising. To learn more, click here. By continuing to use our site, you accept our use of cookies, revised Privacy Policy and Terms of Service.
You are being directed to ZacksTrade, a division of LBMZ Securities and licensed broker-dealer. ZacksTrade and Zacks.com are separate companies. The web link between the two companies is not a solicitation or offer to invest in a particular security or type of security. ZacksTrade does not endorse or adopt any particular investment strategy, any analyst opinion/rating/report or any approach to evaluating individual securities.
If you wish to go to ZacksTrade, click OK. If you do not, click Cancel.
BKEAY vs. CM: Which Stock Is the Better Value Option?
Read MoreHide Full Article
Investors looking for stocks in the Banks - Foreign sector might want to consider either The Bank of East Asia Ltd. (BKEAY - Free Report) or Canadian Imperial Bank (CM - Free Report) . But which of these two stocks offers value investors a better bang for their buck right now? We'll need to take a closer look.
The best way to find great value stocks is to pair a strong Zacks Rank with an impressive grade in the Value category of our Style Scores system. The proven Zacks Rank puts an emphasis on earnings estimates and estimate revisions, while our Style Scores work to identify stocks with specific traits.
The Bank of East Asia Ltd. has a Zacks Rank of #2 (Buy), while Canadian Imperial Bank has a Zacks Rank of #3 (Hold) right now. Investors should feel comfortable knowing that BKEAY likely has seen a stronger improvement to its earnings outlook than CM has recently. However, value investors will care about much more than just this.
Value investors analyze a variety of traditional, tried-and-true metrics to help find companies that they believe are undervalued at their current share price levels.
Our Value category highlights undervalued companies by looking at a variety of key metrics, including the popular P/E ratio, as well as the P/S ratio, earnings yield, cash flow per share, and a variety of other fundamentals that have been used by value investors for years.
BKEAY currently has a forward P/E ratio of 6.44, while CM has a forward P/E of 9.46. We also note that BKEAY has a PEG ratio of 0.41. This metric is used similarly to the famous P/E ratio, but the PEG ratio also takes into account the stock's expected earnings growth rate. CM currently has a PEG ratio of 2.01.
Another notable valuation metric for BKEAY is its P/B ratio of 0.28. The P/B ratio is used to compare a stock's market value with its book value, which is defined as total assets minus total liabilities. For comparison, CM has a P/B of 1.50.
Based on these metrics and many more, BKEAY holds a Value grade of B, while CM has a Value grade of C.
BKEAY sticks out from CM in both our Zacks Rank and Style Scores models, so value investors will likely feel that BKEAY is the better option right now.
See More Zacks Research for These Tickers
Normally $25 each - click below to receive one report FREE:
Image: Bigstock
BKEAY vs. CM: Which Stock Is the Better Value Option?
Investors looking for stocks in the Banks - Foreign sector might want to consider either The Bank of East Asia Ltd. (BKEAY - Free Report) or Canadian Imperial Bank (CM - Free Report) . But which of these two stocks offers value investors a better bang for their buck right now? We'll need to take a closer look.
The best way to find great value stocks is to pair a strong Zacks Rank with an impressive grade in the Value category of our Style Scores system. The proven Zacks Rank puts an emphasis on earnings estimates and estimate revisions, while our Style Scores work to identify stocks with specific traits.
The Bank of East Asia Ltd. has a Zacks Rank of #2 (Buy), while Canadian Imperial Bank has a Zacks Rank of #3 (Hold) right now. Investors should feel comfortable knowing that BKEAY likely has seen a stronger improvement to its earnings outlook than CM has recently. However, value investors will care about much more than just this.
Value investors analyze a variety of traditional, tried-and-true metrics to help find companies that they believe are undervalued at their current share price levels.
Our Value category highlights undervalued companies by looking at a variety of key metrics, including the popular P/E ratio, as well as the P/S ratio, earnings yield, cash flow per share, and a variety of other fundamentals that have been used by value investors for years.
BKEAY currently has a forward P/E ratio of 6.44, while CM has a forward P/E of 9.46. We also note that BKEAY has a PEG ratio of 0.41. This metric is used similarly to the famous P/E ratio, but the PEG ratio also takes into account the stock's expected earnings growth rate. CM currently has a PEG ratio of 2.01.
Another notable valuation metric for BKEAY is its P/B ratio of 0.28. The P/B ratio is used to compare a stock's market value with its book value, which is defined as total assets minus total liabilities. For comparison, CM has a P/B of 1.50.
Based on these metrics and many more, BKEAY holds a Value grade of B, while CM has a Value grade of C.
BKEAY sticks out from CM in both our Zacks Rank and Style Scores models, so value investors will likely feel that BKEAY is the better option right now.