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Is CBRE Group (CBRE) a Great Value Stock Right Now?

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While the proven Zacks Rank places an emphasis on earnings estimates and estimate revisions to find strong stocks, we also know that investors tend to develop their own individual strategies. With this in mind, we are always looking at value, growth, and momentum trends to discover great companies.

Of these, value investing is easily one of the most popular ways to find great stocks in any market environment. Value investors rely on traditional forms of analysis on key valuation metrics to find stocks that they believe are undervalued, leaving room for profits.

Luckily, Zacks has developed its own Style Scores system in an effort to find stocks with specific traits. Value investors will be interested in the system's "Value" category. Stocks with both "A" grades in the Value category and high Zacks Ranks are among the strongest value stocks on the market right now.

One stock to keep an eye on is CBRE Group (CBRE - Free Report) . CBRE is currently sporting a Zacks Rank of #2 (Buy) and an A for Value. The stock is trading with P/E ratio of 12.71 right now. For comparison, its industry sports an average P/E of 18.91. CBRE's Forward P/E has been as high as 16.58 and as low as 11.58, with a median of 14.92, all within the past year.

Investors should also note that CBRE holds a PEG ratio of 0.98. 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. CBRE's PEG compares to its industry's average PEG of 1.97. Over the past 52 weeks, CBRE's PEG has been as high as 1.28 and as low as 0.89, with a median of 1.15.

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


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