Should Value Investors Buy MINISO Group Holding Limited (MNSO) Stock?

Company Overview - MINISO Group Holding Limited (MNSO) currently holds a Zacks Rank of 2 (Buy) and a Value grade of A [2] - The stock is trading with a P/E ratio of 11.27, significantly lower than its industry's average P/E of 16.24 [2] - MNSO's Forward P/E has fluctuated between 10.29 and 23.23 over the past 52 weeks, with a median of 16.46 [2] Valuation Metrics - MNSO has a PEG ratio of 0.57, compared to the industry's average PEG of 1.30, indicating potential undervaluation [2] - The PEG ratio for MNSO has ranged from 0.47 to 0.98 in the past year, with a median of 0.60 [2] - The company has a P/B ratio of 3.89, which is lower than the industry's average P/B of 4.47 [3] - Over the past 12 months, MNSO's P/B has varied between 3.48 and 7.52, with a median of 5.17 [3] Investment Outlook - The metrics suggest that MINISO Group Holding Limited is likely being undervalued at present [3] - The strength of MNSO's earnings outlook further supports its position as a strong value stock [3]