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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.
Considering these trends, value investing is clearly one of the most preferred ways to find strong stocks in any type of market. Value investors use fundamental analysis and traditional valuation metrics to find stocks that they believe are being undervalued by the market at large.
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.
Ageas (AGESY) is a stock many investors are watching right now. AGESY is currently sporting a Zacks Rank of #2 (Buy), as well as an A grade for Value. The stock holds a P/E ratio of 7.49, while its industry has an average P/E of 9.41. Over the last 12 months, AGESY's Forward P/E has been as high as 7.57 and as low as 4.85, with a median of 5.83.
AGESY is also sporting a PEG ratio of 0.39. This popular figure is similar to the widely-used P/E ratio, but the PEG ratio also considers a company's expected EPS growth rate. AGESY's industry currently sports an average PEG of 0.64. Over the last 12 months, AGESY's PEG has been as high as 0.43 and as low as 0.31, with a median of 0.36.
Another notable valuation metric for AGESY is its P/B ratio of 0.99. 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. AGESY's current P/B looks attractive when compared to its industry's average P/B of 2.77. Over the past 12 months, AGESY's P/B has been as high as 1.10 and as low as 0.80, with a median of 0.92.
These figures are just a handful of the metrics value investors tend to look at, but they help show that Ageas is likely being undervalued right now. Considering this, as well as the strength of its earnings outlook, AGESY feels like a great value stock at the moment.
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Ageas SA (AGESY) : Free Stock Analysis Report