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Is Jones Lang LaSalle (JLL) 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.

Looking at the history of these trends, perhaps none is more beloved than value investing. This strategy simply looks to identify companies that are being undervalued by the broader market. 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 to watch right now is Jones Lang LaSalle (JLL - Free Report) . JLL is currently holding a Zacks Rank of #2 (Buy) and a Value grade of A. The stock is trading with a P/E ratio of 10.18, which compares to its industry's average of 18.66. Over the last 12 months, JLL's Forward P/E has been as high as 14.89 and as low as 10.06, with a median of 12.08.

Investors will also notice that JLL has a PEG ratio of 1.13. This popular metric is similar to the widely-known P/E ratio, with the difference being that the PEG ratio also takes into account the company's expected earnings growth rate. JLL's industry has an average PEG of 2.18 right now. Over the last 12 months, JLL's PEG has been as high as 1.62 and as low as 1.02, with a median of 1.21.

These are just a handful of the figures considered in Jones Lang LaSalle'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 JLL is an impressive value stock right now.


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