ZACKS·2024-10-08 14:45Group 1: Alibaba (BABA) - Alibaba currently has a Zacks Rank of 2 (Buy) and a Value grade of A [2] - The stock's P/E ratio is 13.15, significantly lower than the industry average of 25.35 [2] - Over the last 12 months, BABA's Forward P/E has ranged from a high of 13.23 to a low of 7.73, with a median of 8.84 [2] - BABA's PEG ratio is 0.53, compared to the industry's average PEG of 1.09, indicating strong value [2] - The PEG ratio for BABA has fluctuated between 0.53 and 0.37 over the past year, with a median of 0.39 [2] - BABA's P/B ratio is 1.92, which is attractive compared to the industry's average P/B of 5.30 [3] - The P/B ratio for BABA has been as high as 1.93 and as low as 1.08, with a median of 1.27 over the past year [3] Group 2: Match Group (MTCH) - Match Group also holds a Zacks Rank of 2 (Buy) and a Value score of A [4] - The stock is currently trading at a forward earnings multiple of 16.42, lower than the industry average P/E of 25.35 [4] - Match Group's PEG ratio is 0.67, compared to the industry's average PEG of 1.09 [4] - Over the past year, MTCH's Forward P/E has ranged from a high of 18.89 to a low of 12.59, with a median of 15.44 [4] - The PEG ratio for MTCH has fluctuated between 0.68 and 0.42, with a median of 0.54 [4] - Match Group's P/B ratio is -74.53, significantly lower than the industry's average P/B of 5.30 [4] - The P/B ratio for MTCH has been as high as -25.86 and as low as -550.38, with a median of -73.97 over the past year [4] Group 3: Investment Outlook - Both Alibaba and Match Group are considered likely undervalued based on the provided metrics [4] - The strength of their earnings outlook positions BABA and MTCH as some of the market's strongest value stocks [4]