Core Viewpoint - Investors in the Banks - Foreign sector should consider Bancolombia (CIB) and Nordea Bank AB (NRDBY) as potential value opportunities, with CIB currently presenting a superior value option based on valuation metrics [1][7]. Valuation Metrics - Both Bancolombia and Nordea Bank AB have a Zacks Rank of 1 (Strong Buy), indicating positive earnings estimate revisions and improving earnings outlooks [3]. - CIB has a forward P/E ratio of 6.98, while NRDBY has a forward P/E of 9.27, suggesting that CIB is more attractively priced [5]. - CIB's PEG ratio is 0.98, indicating a favorable valuation relative to its expected earnings growth, whereas NRDBY's PEG ratio is significantly higher at 5.65 [5]. - CIB's P/B ratio is 1.29, compared to NRDBY's P/B of 1.64, further supporting CIB's stronger valuation metrics [6]. - CIB has a Value grade of B, while NRDBY has a Value grade of D, highlighting the relative undervaluation of CIB [6].
CIB vs. NRDBY: Which Stock Should Value Investors Buy Now?