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Is Tesco (TSCDY) Stock Undervalued Right Now?
TescoTesco(US:TSCDY) ZACKSยท2024-09-05 14:41

Core Viewpoint - The article highlights Tesco (TSCDY) as a strong value stock, supported by its favorable valuation metrics and earnings outlook [4][7]. Valuation Metrics - Tesco has a P/E ratio of 14.19, significantly lower than the industry average of 27.27, indicating potential undervaluation [4]. - The stock's PEG ratio stands at 1.98, compared to the industry average of 3.13, suggesting that Tesco's earnings growth is being undervalued [5]. - Tesco's P/B ratio is 2.29, which is also lower than the industry average of 6.84, further supporting the notion of undervaluation [6]. Earnings Outlook - Tesco's earnings outlook appears strong, contributing to its classification as a great value stock at the moment [7].