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NRDBY vs. IBN: Which Stock Is the Better Value Option?
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Investors looking for stocks in the Banks - Foreign sector might want to consider either Nordea Bank AB (NRDBY - Free Report) or ICICI Bank Limited (IBN - Free Report) . But which of these two stocks presents investors with the better value opportunity right now? Let's take a closer look.
We have found that the best way to discover great value opportunities is to pair a strong Zacks Rank with a great grade in the Value category of our Style Scores system. The proven Zacks Rank emphasizes companies with positive estimate revision trends, and our Style Scores highlight stocks with specific traits.
Right now, Nordea Bank AB is sporting a Zacks Rank of #1 (Strong Buy), while ICICI Bank Limited has a Zacks Rank of #3 (Hold). Investors should feel comfortable knowing that NRDBY likely has seen a stronger improvement to its earnings outlook than IBN has recently. But this is only part of the picture for value investors.
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.
The Style Score Value grade factors in a variety of key fundamental metrics, including the popular P/E ratio, P/S ratio, earnings yield, cash flow per share, and a number of other key stats that are commonly used by value investors.
NRDBY currently has a forward P/E ratio of 9.44, while IBN has a forward P/E of 18.94. We also note that NRDBY has a PEG ratio of 2.30. This figure is similar to the commonly-used P/E ratio, with the PEG ratio also factoring in a company's expected earnings growth rate. IBN currently has a PEG ratio of 2.44.
Another notable valuation metric for NRDBY is its P/B ratio of 1.04. The P/B is a method of comparing a stock's market value to its book value, which is defined as total assets minus total liabilities. By comparison, IBN has a P/B of 2.77.
Based on these metrics and many more, NRDBY holds a Value grade of B, while IBN has a Value grade of C.
NRDBY stands above IBN thanks to its solid earnings outlook, and based on these valuation figures, we also feel that NRDBY is the superior value option right now.
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NRDBY vs. IBN: Which Stock Is the Better Value Option?
Investors looking for stocks in the Banks - Foreign sector might want to consider either Nordea Bank AB (NRDBY - Free Report) or ICICI Bank Limited (IBN - Free Report) . But which of these two stocks presents investors with the better value opportunity right now? Let's take a closer look.
We have found that the best way to discover great value opportunities is to pair a strong Zacks Rank with a great grade in the Value category of our Style Scores system. The proven Zacks Rank emphasizes companies with positive estimate revision trends, and our Style Scores highlight stocks with specific traits.
Right now, Nordea Bank AB is sporting a Zacks Rank of #1 (Strong Buy), while ICICI Bank Limited has a Zacks Rank of #3 (Hold). Investors should feel comfortable knowing that NRDBY likely has seen a stronger improvement to its earnings outlook than IBN has recently. But this is only part of the picture for value investors.
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.
The Style Score Value grade factors in a variety of key fundamental metrics, including the popular P/E ratio, P/S ratio, earnings yield, cash flow per share, and a number of other key stats that are commonly used by value investors.
NRDBY currently has a forward P/E ratio of 9.44, while IBN has a forward P/E of 18.94. We also note that NRDBY has a PEG ratio of 2.30. This figure is similar to the commonly-used P/E ratio, with the PEG ratio also factoring in a company's expected earnings growth rate. IBN currently has a PEG ratio of 2.44.
Another notable valuation metric for NRDBY is its P/B ratio of 1.04. The P/B is a method of comparing a stock's market value to its book value, which is defined as total assets minus total liabilities. By comparison, IBN has a P/B of 2.77.
Based on these metrics and many more, NRDBY holds a Value grade of B, while IBN has a Value grade of C.
NRDBY stands above IBN thanks to its solid earnings outlook, and based on these valuation figures, we also feel that NRDBY is the superior value option right now.