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BAP vs. IBN: Which Stock Is the Better Value Option?
Credicorp .Credicorp .(US:BAP) ZACKSยท2024-11-12 17:45

Core Viewpoint - The comparison between Credicorp (BAP) and ICICI Bank Limited (IBN) indicates that BAP currently offers better value for investors based on various financial metrics and outlooks [1][3]. Valuation Metrics - Credicorp has a Zacks Rank of 2 (Buy), while ICICI Bank has a Zacks Rank of 3 (Hold), suggesting a stronger earnings outlook for BAP [3]. - BAP's forward P/E ratio is 9.77, significantly lower than IBN's forward P/E of 19.67, indicating that BAP may be undervalued [5]. - The PEG ratio for BAP is 0.63, while IBN's PEG ratio is 2, further supporting BAP's valuation advantage as it considers expected earnings growth [5]. - BAP has a P/B ratio of 1.67 compared to IBN's P/B of 3, highlighting BAP's better market value relative to its book value [6]. - Based on these metrics, BAP holds a Value grade of B, while IBN has a Value grade of C, reinforcing BAP's position as the superior value option [6].