UOVEY or IBN: Which Is the Better Value Stock Right Now?

Core Insights - United Overseas Bank Ltd. (UOVEY) has a Zacks Rank of 2 (Buy), indicating a positive earnings outlook, while ICICI Bank Limited (IBN) has a Zacks Rank of 3 (Hold) [3] - UOVEY is considered a better value option compared to IBN based on various valuation metrics [6] Valuation Metrics - UOVEY has a forward P/E ratio of 9.83, significantly lower than IBN's forward P/E of 19.17 [5] - The PEG ratio for UOVEY is 1.55, while IBN's PEG ratio is slightly higher at 1.58 [5] - UOVEY's P/B ratio stands at 1.24, compared to IBN's P/B ratio of 2.84, indicating UOVEY's stock is more undervalued relative to its book value [6] Value Grades - UOVEY holds a Value grade of B, while IBN has a Value grade of D, further supporting the conclusion that UOVEY is the superior value option [6]