Are Investors Undervaluing Plains Group (PAGP) Right Now?

Company Overview - Plains Group (PAGP) is currently rated with a Zacks Rank of 2 (Buy) and has an A grade for Value [4][6] - The stock is trading at a P/E ratio of 12.85, significantly lower than the industry average P/E of 18.46 [4] - Over the past year, PAGP's Forward P/E has fluctuated between a high of 18.70 and a low of 10.11, with a median of 12.25 [4] Financial Metrics - PAGP has a P/CF ratio of 3.50, indicating strong operating cash flow and suggesting the stock may be undervalued compared to its industry's average P/CF of 11.09 [5] - The P/CF ratio for PAGP has ranged from a high of 3.58 to a low of 2.50 over the past year, with a median of 3.01 [5] Investment Potential - The combination of PAGP's strong earnings outlook and attractive valuation metrics suggests that it is likely undervalued at the moment, making it an impressive value stock [6]