The price-to-book (P/B) ratio is widely favored by value investors for identifying low-priced stocks with exceptional returns. The ratio is used to compare a stock’s market value/price to its book value.The P/B ratio is calculated as below:P/B ratio = market price per share/book value of equity per shareP/B ratio reflects how many times book value investors are ready to pay for a share. So, if the share price is $10 and the book value of equity is $5, investors are ready to pay two times the book value. Ide ...

When it comes to investing, the flashiest sectors often grab the headlines—think cutting-edge tech, electric vehicles, or artificial intelligence. However, some of the most reliable and profitable opportunities lie in industries that are often considered boring and mundane.Insurance, for example, is essential for businesses and individuals alike, yet it doesn’t inspire the same excitement as other sectors. Despite this, some of the top-performing stocks in the market come from the insurance industry, thanks ...

The Dow Jones Industrial Average inched up higher on Friday, setting a new record after a strong week, driven by the Federal Reserve’s first rate cut in four years. The Dow rose by 38.16 points, or 0.09%, to close at 42,063.36. In contrast, the S&P 500 slipped 0.19% to 5,702.55, and the Nasdaq Composite fell 0.36% to finish at 17,948.32. This movement came after a midweek rally, during which the Dow surpassed the 42,000 mark and the S&P 500 hit a key milestone above 5,700. Despite Friday’s slight pullbacks, ...

An ill-informed investor can lose cash if he wagers on a stock only based on the numbers flashing on a real-time stock screen. A critical analysis of a company’s financial background is a must for a better investment decision, especially at a time when the stock market is juggling myriad issues. Often, investors evaluate a company’s performance by simply looking at its sales and earnings, which sometimes do not reveal the real picture. To be more precise, they do not tell whether a company’s fundamentals ar ...

Here are three stocks with buy rank and strong value characteristics for investors to consider today, September 23rd:AXIS Capital Holdings Limited (AXS) : This company which offers insurance covers for property, workers compensation, professional liability, casualty, and marine and aviation carries a Zacks Rank #1, and has witnessed the Zacks Consensus Estimate for its current year earnings increasing 7% over the last 60 days.Axis Capital has a price-to-earnings ratio (P/E) of 7.28, compared with 15.70 for ...

For Immediate ReleasesChicago, IL – September 20 2024 – Zacks.com announces the list of stocks featured in the Analyst Blog. Every day the Zacks Equity Research analysts discuss the latest news and events impacting stocks and the financial markets. Stocks recently featured in the blog include: Cincinnati Financial Corp. (CINF) , W. R. Berkley Corp. (WRB) and AXIS Capital Holdings Ltd. (AXS) .Here are highlights from Friday’s Analyst Blog:  3 P&C Insurance Stocks to Add to Your Portfolio Despite Fed Rate Cut ...

Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.Of these, value investing is easily one of the most popular ways to find great stocks in any market environment. Value investors use a variety of methods, including tried-and-true valuation metrics, to find these stocks.In addition to the Zacks Rank ...

Here are three stocks with buy rank and strong momentum characteristics for investors to consider today, September 17th:The Progressive (PGR) : This company which is a leading independent agency writer of private passenger auto coverage, and the market share leader for the motorcycle products since 1998, has a Zacks Rank #1(Strong Buy), and witnessed the Zacks Consensus Estimate for its current year earnings increasing 5.8% over the last 60 days.The Progressive’s shares gained 23.2% over the last three mont ...

Group 1 - China Coal Energy (CCOZY) has a Zacks Rank of 1 (Strong Buy) and a price-to-earnings ratio (P/E) of 5.24, significantly lower than the industry average of 8.20 [1] - The Zacks Consensus Estimate for China Coal Energy's current year earnings has increased by 3.6% over the last 60 days [1] - Axis Capital Holdings (AXS) also holds a Zacks Rank of 1 and has a P/E of 7.43, compared to the industry average of 15.70 [2] - The Zacks Consensus Estimate for Axis Capital Holdings' current year earnings has risen by 6.7% over the last 60 days [2] - KT (KT) carries a Zacks Rank of 1 and has a P/E of 8.44, lower than the industry average of 12.10 [2] - The Zacks Consensus Estimate for KT's current year earnings has increased by 3.9% over the last 60 days [2]

Here are five stocks added to the Zacks Rank #1 (Strong Buy) List today:DXP Enterprises (DXPE) : This company which is a leading products and service distributor that adds value and total cost savings solutions to industrial customers throughout the United States, Canada, Mexico and Dubai, has seen the Zacks Consensus Estimate for its current year earnings increasing 12.7% over the last 60 days.The Progressive (PGR) : This company which is a leading independent agency writer of private passenger auto covera ...