Are Investors Undervaluing Steelcase (SCS) Right Now?

Core Insights - Steelcase (SCS) is currently rated as a 1 (Strong Buy) by Zacks and has an A rating for Value [3] - The company has a P/CF ratio of 9.37, which is lower than the industry average of 10.69, indicating potential undervaluation [4] - SCS's P/B ratio stands at 1.77, also below the industry average of 2.36, further suggesting it may be undervalued [6] - Over the past 52 weeks, SCS's P/CF has fluctuated between 6.17 and 10.46, with a median of 9.22 [4] - The P/B ratio has ranged from 0.99 to 1.84 in the same period, with a median of 1.61 [6] - These valuation metrics indicate that Steelcase is likely undervalued and presents a strong investment opportunity [7]